Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RealMuLan who wrote (59105)	11/8/2006 12:10:18 AM
From: RealMuLan	Read Replies (1) of 116555

Goldman's political donations tops By Riva Froymovich November 7, 2006 investmentnews.com Goldman Sachs' employees have contributed the most money this political season among securities industry peers, according to the Center for Responsive Politics in Washington. Between employees and its political action committee, the New York-based firm has donated around $2.6 million to the 2006 election, reports said. In fact, the Center for Responsive Politics, which tracks the effect of money on elections and policy, found that Goldman has topped the political contribution list for investment banks since 1994. The firm's closest peer is New York-based Morgan Stanley, which contributed approximately $1.6 million, according to reports. UBS gave $1.5 million in donations. Of note, a number of Goldman Sachs leaders have or are involved in politics, such as New Jersey Governor and former Senator Jon Corzine and Treasury Secretary Henry Paulson. Also, the Center for Responsive Politics also found that 52% of securities industry contributions for this political cycle went to Democrats, though the majority of Goldman's contributions went to Republican representatives.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next