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Thread: long weekend commentary - corporate contributions to US presidential candidates

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    Banned Melonie's Avatar
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    Default long weekend commentary - corporate contributions to US presidential candidates

    Total amounts raised to date (as of April 2008 )

    Clinton 189,087,053
    McCain 76,691,826
    Obama 234,745,081
    ---------------------------
    TOTAL 500,523,960

    Top contributors to campaign (percentage of total) (as of April 200

    Clinton

    DLA Piper $505,200 (0.27%) Goldman Sachs $445,350 (0.24%) Citigroup Inc $406,752 (0.22%) Morgan Stanley $402,845 (0.21%) EMILYs List $323,567 (0.17%)

    McCain

    Merrill Lynch $226,550 (0.30%) Blank Rome LLP $222,050 (0.29%) Citigroup Inc $206,102 (0.27%) Greenberg Traurig LLP $173,837 (0.23%) AT&T Inc $149,305 (0.19%)

    Obama

    Goldman Sachs $544,481 (0.23%) University of California $371,266 (0.16%) Ubs Ag $363,527 (0.15%) JPMorgan Chase & Co $353,808 (0.15%) Citigroup Inc $331,946 (0.14%)


    please note that some 75-80% of Wall St. corporate contributions went to Democrats. But note also that recently bailed out CitiGroup contributed somewhat equally to both sides of the aisle !

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    God/dess dlabtot's Avatar
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    Default Re: long weekend commentary - corporate contributions to US presidential candidates

    Of course, the premise of this is pure bullshit.

    Corporations are prohibited from contributing to political campaigns.

    What is actually being measured here are the contributions of employees of corporations. So if you are a bank teller at MegaBank Corp, and you contribute to a candidate, according to this quote-unquote study, the contribution was actually made by MegaBank Corp.

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