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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (155275)2/19/2009 11:27:39 PM
From: Hope Praytochange  Respond to of 173976
 
Stanford’s Political Investments: Obama, McCain, Dodd, Ney, …

Susan Davis reports on politics.

More than 100 members of Congress—past and present—as well as congressional campaign committees and the national parties benefited from political donations from the political action committee or employees of Stanford Financial Group since 2000, according to the Center for Responsive Politics.

The Securities and Exchange Commission charged the firm’s head, R. Allen Stanford, on Tuesday with orchestrating a $8 billion fraud. Tuesday’s Wall Street Journal reported on Stanford’s status as an “international cricket sponsor, Washington political donor and private banker to Latin America’s wealthy.” (For the full story, click HERE.)

Barack Obama was the third-ranking recipient among lawmakers, with $31,750 collected from company employees during his presidential bid while $4,600 was from Stanford himself.