Yesterday I was talking to some folks about whether, given the trillions potentially committed to bailouts, there’s any sense in continuing to probe earmarks. I say of course there is.
Our friends at the Center for Responsive Politics put together a handy guide to the political influence wielded by Bernard L. Madoff, who was arrested and charged with running a hedge fund that allegedly operated as a giant ponzi scheme. Among the information CRP flagged was a lobbying disclosure from 2005 from the firm of Lent, Scrivner & Roth, LLC, which shows, on page three, that Bernard L. Madoff Investment Securities lobbied on various appropriations bills for a Lower East Side Tenement Museum funding request (and not only in 2005).
Both Madoff and his son had charitable foundations, but their company lobbied to for taxpayers to support the institution.