Wealthy Out-of-Town Donors Foot the Inauguration Bill
As Washington, D.C., prepares itself for what will likely be one of the largest inauguration audiences in history, some of the country’s wealthiest individuals in Hollywood and New York are financing the event as it grows into a major production. So far the presidential inaugural committee has collected at least $9.7 million from at least [...]
Madoff and Company Spent Nearly $1 Million on Washington Influence
The man behind a $50 billion Ponzi scheme that has roiled Wall Street and shaken up the nonprofit world was also a long-time contributor to Democrats, the nonpartisan Center for Responsive Politics has found. Bernard Madoff was arrested last Thursday and charged with operating a fraudulent money-management business with which he advised investors, hedge funds [...]
Interior Motives
Having not yet been a senator for a full term, Ken Salazar (D-Colo.) hasn’t had much time to collect money from the industries that will take a special interest in him as Secretary of the Interior. Barack Obama seems poised to appoint Salazar to the Cabinet position, following a tradition of giving the post to [...]