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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (184481)2/18/2009 7:47:38 AM
From: Reilly DiefenbachRead Replies (2) | Respond to of 306849
 
Texas Businessman Sought Influence in Corridors of Capitol


By GLENN R. SIMPSON and T.W. FARNAM

WASHINGTON -- Texas businessman R. Allen Stanford, whose multibillion-dollar investment empire was ordered seized Monday by a federal judge, has long enjoyed big influence in Washington thanks to a steady supply of campaign contributions, Caribbean trips for lawmakers and fees to lobbying firms.

Mr. Stanford and his affiliated companies have spent more than $5 million on lobbying fees since 2000, federal records show. The businessman and his top executives have also contributed at least $2 million to candidates, including key lawmakers, and additional thousands of dollars on jets and resorts.

online.wsj.com