Jennifer Haberkorn reports in the Washington Times:
The message in the Nov. 17, 2006, e-mail from Joseph Cassano, AIG Financial Products chief executive, was unmistakable: Mr. Dodd was "next in line" to be chairman of the Senate Banking, Housing and Urban Affairs Committee, which oversees the insurance industry, and he would "have the opportunity to set the committee's agenda on issues critical to the financial services industry."Given his seniority in the Senate, he will also play a key role in the Democratic Majority's leadership," Mr. Cassano wrote in the message, obtained by The Washington Times.
Mr. Dodd ...
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Following Dirty Money
I like the concept behind what appears to be a new Washington Examiner feature called "Dirty Money" (you can see the latest installment here; I can't seem to find a page where previous installments are archived). I'm not a hundred percent certain though of their methodology of determining why certain contributions are dirty--if it's merely a company or organization that had employees or members who've committed crimes (embezzlement is one listed), that doesn't necessarily seem to taint the organization's donations. I think a little more context is needed to determine whether the employees were ...
Continue readingA Transparent and Accountable Recovery
In the wake of the Troubled Asset Relief Program (TARP), and while Congress debates the massive stimulus bill, the Coalition... View Article
Continue readingCREW Examines the Revolving Door
Earlier today, Citizens for Responsibility and Ethics in Government (CREW) released Revolving Door, the results of their six-month investigation into... View Article
Continue readingAuto Industry Bailout: Money-Votes Analysis
Lawmakers supporting the auto bailout received more in campaign contributions on average from the auto industry and auto unions, according... View Article
Continue readingThe Recession Proof Congress
The Center for Responsive Politics reports that the personal finances of members of Congress grew by 11 percent between 2006... View Article
Continue readingFinance Industry Giving Visualized
Wonder just how Wall Street has become so influential on Capitol Hill that it can command the attention of the... View Article
Continue readingCRP tracks beneficiaries of belly-up banks
Our friends at the Center for Responsive Politics have been doing yeoman's work compiling lists of the politicians who've received the most money over the years from political action committees and employees and their family members of the big financial colossi that are seeking (or having imposed on them) federal help to stave off collapse. Their Lehman Brothers list is here while Fannie Mae and Freddie Mac are ">here.
To see who in Congress invested in these operations, CRP has compiled an analysis of Freddie and Fannie holdings here; you can also dig into search results for Lehman ...
Continue readingLawmakers, with Clipped Wings, Still Fly
The new rules Congress passed last year requiring the disclosure of expense-paid trips members and their staff receive have sharply... View Article
Continue readingOil Money and the Democrats
On Saturday, Nancy Pelosi said she and the Democratic leadership had changed their position on offshore oil and gas exploration.... View Article
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