AIG has given twice as much $$ to Democrats since 2006. Dodd & Obama

[chill_wind]

got the single largest amounts.

Just some additional factoids I gleaned (and journaled at DU) back in September (much of it since updated) while watching Congressional players and behavior during the giant wealth transfer of taxpayer money to Wall Street aka The Bailout. And watching since.

http://journals.democraticunderground.com/chill_wind/73



Money to Congress: 2008 Cycle

Dems: Dems: $452,526
Repubs: Repubs: $144,792
Others: Independents: $0


Top Recipients

Senate Obama, Barack $104,332
Senate Dodd, Chris $103,900
Senate McCain, John $59,499
Senate Clinton, Hillary $37,965
Senate Baucus, Max $24,750
Presidential Romney, Mitt $20,850
Senate Biden, Joseph R Jr $19,975
House Larson, John B $19,750
Senate Sununu, John E $18,500
Presidential Giuliani, Rudolph W $13,200

See all recipients
Based on data released by the FEC on March 02, 2009.


more at the link
http://www.opensecrets.org/orgs/toprecips.php?id=D000000123


Fannie Mae and Freddie Mac

Top Recipients-

Dodd $165,400
Obama $126,349

with 57% overall to Dems

http://www.opensecrets.org/news/2008/09/up...

ALL the insurance money..

Top 20 Members (2008)

Candidate Amount
McCain, John (R) $2,376,521
Obama, Barack (D) $2,214,848
Clinton, Hillary (D-NY) $1,205,555
Dodd, Chris (D-CT) $852,556
McConnell, Mitch (R-KY) $401,233

(see the rest)


http://www.opensecrets.org/industries/summary.php?ind=F09&recipdetail=M&sortorder=U&cycle=2006


Lehman Brothers

Since 1989, Lehman Brothers's employees and political action committee have given $9.2 million to federal candidates, parties and political action committees, with 54 percent of that going to Democrats. In the current Congress, 271 lawmakers have collected nearly $3 million since 1989, with 72 percent going to Democrats. Democratic presidential candidates and senators Hillary Clinton and Barack Obama top the list of all-time recipients for the company, collecting $410,000 and $395,600 respectively. Sen. Charles Schumer, D-N.Y., a member of both the Senate Banking, Housing and Urban Affairs Committee and the Senate Finance Committee, hauled in $181,450, while Sen. Chris Dodd, chair of the Senate banking committee, has collected $165,800. The top recipient of PAC money from Lehman Brothers has been Rep. Mike Castle (R-Del.), a member of the House Financial Services Committee, which has jurisdiction over banking and the securities industry. Castle has collected $38,500 from Lehman's PAC since 1993.

This election cycle, Lehman employees have given about $1.3 million to presidential candidates. Only fellow financial giants Goldman Sachs, Citigroup and Morgan Stanley have given more to the presidential hopefuls this election cycle. Lehman employees have made their firm one of the top contributors to both Obama ($370,500) and John McCain ($117,500) this election cycle. The company is also on track to spend more than $800,000 on federal lobbying this year.

The following members of the 110th Congress have received contributions from the employees and PAC of Lehman Brothers since the 1990 election cycle.

Members of the 110th Congress who have received campaign contributions from Lehman Brothers, 1989-2008

Clinton, Hillary $409,980

Obama, Barack $395,574

Schumer, Charles E $181,450

Dodd, Christopher J $165,800

Lieberman, Joe $165,450

more: http://www.opensecrets.org/news/2008/09/brothers-grim-is-lehman-next.html

And last but not least by far--

Goldman Sachs

Goldman Sachs, one of Wall Street’s most prestigious investment banks, was also among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer money to help it stay afloat. Like others in the securities industry, Goldman Sachs advises and invests in nearly every industry affected by federal legislation. The firm closely monitors issues including economic policy, trade and nearly all legislation that governs the financial sector. It has been a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry. The firm tends to give most of its money to Democrats. A number of high-ranking government officials in recent years have spent part of their careers at Goldman Sachs.

Cycle Total Dem Republicans % to Dems % to Repubs
2008 $5,842,471 $4,392,720 $1,439,411 75% 25%
2006 $3,502,866 $2,170,911 $1,294,005 62% 37%
2004 $6,428,438 $3,963,753 $2,446,185 62% 38%
2002 $3,513,035 $2,292,040 $1,219,995 65% 35%
2000 $4,432,977 $2,764,185 $1,662,292 62% 38%
1998 $1,938,166 $1,225,252 $683,914 63% 35%
1996 $1,816,563 $997,747 $816,316 55% 45%
1994 $1,026,235 $562,760 $462,675 55% 45%
1992 $1,660,310 $908,295 $751,515 55% 45%
1990 $717,621 $473,716 $243,905 66% 34%
TOTAL $30,878,682 $19,751,379 $11,020,213 64% 36%


The numbers on this page are based on contributions of $200 or more from PACs and individuals to federal candidates and from PAC, individual and soft money donors to political parties, as reported to the Federal Election Commission. While election cycles are shown in charts as 1996, 1998, 2000 etc. they actually represent two-year periods. For example, the 2002 election cycle runs from January 1, 2001 to December 31, 2002. NOTE: Soft money contributions were not publicly disclosed until the 1991-92 election cycle and were banned after the 2002 cycle.

Data for the current election cycle was released by the Federal Election Commission on March 02, 2009.

http://www.opensecrets.org/orgs/summary.php?id=D000000085

Top Recipients

Senate Obama, Barack $983,245
Senate Clinton, Hillary $410,350
Presidential Romney, Mitt $234,275
Senate McCain, John $230,095
House Himes, Jim $150,498
Senate Dodd, Chris $110,000
Presidential Giuliani, Rudolph W $109,450
Presidential Edwards, John $68,750
Senate Specter, Arlen $47,600
House Emanuel, Rahm $37,750

http://www.opensecrets.org/orgs/toprecips.php?id=D000000085

Barack Obama (D)

Top Contributors 2008

University of California $1,385,675
Goldman Sachs $980,945
Microsoft Corp $806,299
Harvard University $793,460
Google Inc $790,564
Citigroup Inc $657,268
JPMorgan Chase & Co $650,758
Stanford University $580,904
Sidley Austin LLP $574,938
Time Warner $547,951
National Amusements Inc $541,251
WilmerHale $524,292
UBS AG $522,019
IBM Corp $518,557
Skadden, Arps et al $510,274
Columbia University $503,566
Morgan Stanley $490,873
US Government $479,956
General Electric $479,454
Latham & Watkins $467,311

Top Industries of Obama Bundlers

Sector Min. Raised # of Bundlers

Lawyers/Law Firms $12,600,000 97
Securities & Investment $8,250,000 61
TV/Movies/Music $3,200,000 20
Business Services $2,400,000 19
Real Estate $2,050,000 20

http://www.opensecrets.org/pres08/bundlers.php?id=N00009638


Feel free to distribute or cite this material, but please credit the Center for Responsive Politics. For permission to reprint for commercial uses, such as textbooks, contact the Center

[Life Long Dem]

1. They had plenty of money. What does this prove?

Of course AIG wants them off their back. And look at what is being uncovered. And more will unfold. But it doesn't mean anything, especially what we have witnessed so far.

And the bonus thing was a contract that wasn't to be broken, and that's the reason it was put in there. Because if it was broken, AIG would have sued and received double the bonuses in doing so. And if you notice, it wasn't broken. Taxed but the contract wasn't broken.

[chill_wind]

2. What it suggests of course

is the great potential for the quid pro quo, which of course has never been a rampant pattern of activity of abuse and compromise in Washington DC.

At a minimum, it helped explain a lot (to me at least) of the frenetic determination right before the elections to bailout Wall Street robber barons-- with or without oversight--at all costs and against the majority of American's wishes. It also helps take a lot of the mystery out of present day decision making patterns like this:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5295098

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5297411#top

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x61003#top

It's ALWAYS a useful exercise to watch and follow the money. Just ask Dodd. He just gave his AIG money back.

[chill_wind]

3. .

[BrklynLiberal]

4. Wow!!! Money talks. Nobody walks.

[earth mom]

5. Bribery reigns supreme.

:puke:

[nc4bo]

6. Watching you puke is making me

:puke:.

I also need to go buy something to keep my head from spinning clear off my shoulders.

Our government needs a financial exorcism.