Microsoft, AT&T among corporate donors to inauguration
Source: washington post
President Obama will have some major corporations such as Microsoft and AT&T to thank for the festivities surrounding his inauguration later this month, according to a list of event donors released Friday evening.
Obama banned corporate donations for his 2009 inauguration and the Democratic convention last year in Charlotte, but the president announced after his reelection in November that he was removing his objections for this yearís swearing-in ceremony and surrounding events.
So far, however, Obama has received little in return for the policy change. Fewer than a dozen corporations have donated to the official Presidential Inaugural Committee, compared with more than 400 individuals who have given $200 or more. Contribution amounts were not released.
Other corporate donors include Genentech, a biotechnology company owned by Swiss drugmaker Roche; Stream Line Circle, run by billionaire Obama backer and gay-rights activist Jon Stryker; and the Centene Corp., a Medicaid administration company and one of the major beneficiaries of the presidentís signature health-care law.