Wednesday, August 12, 2009

Plus ça change, plus c'est la même chose!

(Laissez Les Bon Temps Roulez -AM)

By Kenneth P. Vogel
January 20, 2009

The analysis of career donors, based on Federal Election Commission records dissected by the nonpartisan Center for Responsive Politics, includes contributions from individuals and political action committees since 1998 to the congressional and presidential campaigns of Obama and Biden — as well as to Emanuel’s four campaigns for the House — broken down by employer and by sector.

The finance, insurance and real estate sector contributed $44.2 million to the three men’s campaigns, making it the largest discernible donor sector after law and lobbying, which pitched in $49.1 million. The tech sector — categorized by the center as “communications/electronics” — chipped in $24.7 million.

The top three corporate employers of donors to the new White House came from the world of high finance: Goldman Sachs, Citigroup and JPMorgan. UBS AG, Lehman Brothers, Morgan Stanley, Bank of America, Merrill Lynch and Credit Suisse Group also were among the top 30.

Those nine firms’ executives, employees and political action committees have given a combined $5.1 million to the campaigns of Obama, Biden and Emanuel since 1998, when campaign finance records became searchable electronically.

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