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Vilifying Rival, Wall St. Rallies for Senate Ally (Scott Brown) (NY Times Saturday front)

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alp227 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-19-11 12:52 AM
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Vilifying Rival, Wall St. Rallies for Senate Ally (Scott Brown) (NY Times Saturday front)
Saturday's NY Times has this article by Nicholas Confessore about Wall Street support for current US Senator from Mass. Scott Brown (R), who'll be challenged by Elizabeth Warren (D) in 2012:

The battle to re-elect Senator Scott P. Brown, the Republican from Massachusetts, just got a little more interesting.

Senator Brown is a free-market advocate who believes that our strength as a nation comes from the ingenuity and hard work of its people, read an invitation to a fund-raiser at a New Canaan, Conn., country club last week, that circulated among hedge fund and private equity executives. His Democratic opponent, the invitation noted, was all but certain to be the financial industrys most prominent foe: big government liberal Elizabeth Warren.

Mr. Brown, a freshman who harnessed populist Tea Party anger to win the seat once held by Edward M. Kennedy, has taken more money from the financial industry than almost any other senator: all told, more than $1 million during the last two years, according to data from the Center for Responsive Politics.

Of the 20 companies that accounted for the most campaign donations to Mr. Brown, about half were prominent investment or securities firms like Morgan Stanley, Fidelity Investments and Bain Capital. His donors include such blue-chip names as Gary Cohn, the president of Goldman Sachs, and the hedge fund kings John Paulson and Kenneth Griffin.


Yes, this is the Bain founded by Republican pres. candidate Mitt Romney.
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