"In a letter to President Obama, Bachus writes: “In a year in which hundreds of banks are expected to fail, it is good news that this troubled institution has managed to survive. The question that many are asking, however, is why did government-supported Wall Street banks decide to save ShoreBank rather than the numerous others that faced a capital shortage?”
Some of the nation’s largest banks including Goldman Sachs, Citigroup, JP Morgan and Bank of America, have agreed to pitch in about $140 million, which when combined with $75 million in federal aid, would prevent the FDIC from taking over the undercapitalized community lender known for its strong ties to Washington."

Doesn't this pretty much answer his question? So far, I see no evidence of corruption - just business as usual.