Dems Hit Terry on Bank Loan

by Chris Good - 11/03/08 5:34 PM ET

Rep. Lee Terry (R-Neb.), who found himself locked out of $100,000 in campaign money as the financial crisis hit, has come under fire from Democrats in his state for taking out a $100,000 bank loan to cover the unavailable cash.

In September, Terry found himself locked out of $100,000 in campaign money invested in the Reserve Fund when the giant money market fund was unable to pay its customers. Terry

The Nebraska Dems questioned whether Terry

Tags Bank Business Financial institutions Money market fund Politics