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To: Joe Hadenuf
I was reading some old articles last night on John Kerry's "middle-east adviser" and longtime California politican Mel Levine. I was surprised to find Dreier and Pete Wilson jumping in with the likes of Cranston, Levine, Waxman, etc. to support Michael Milken, et al.
Los Angeles Times, February 1, 1989
Drexel Sought Help From 9 in Congress to Pressure SEC

Drexel Burnham Lambert Inc., currently facing federal charges of securities fraud, recently enlisted nine members of Congress from California--at least seven of whom have received campaign contributions or honorariums from Drexel--to bring pressure on the Securities and Exchange Commission to lighten the terms of a proposed settlement of the case.

(snip)

California's two senators, Democrat Alan Cranston and Republican Pete Wilson, each wrote letters on Drexel's behalf, and Rep. Henry A. Waxman (D-Los Angeles) wrote a third letter, which was signed by six other Los Angeles-area congressmen.

(snip)

In recent years, Drexel has been a generous source of honorariums--speaking and appearance fees--as well as campaign contributions for members of Congress. The firm also employs one of Washington's highest powered lobbying outfits, the law firm headed by well-known Democrat Robert S. Strauss.

Cranston, Wilson, Waxman and four of the other letter signers--Reps. Howard L. Berman (D-Panorama City), Mel Levine (D-Santa Monica), David Dreier (R-La Verne) and Carlos J. Moorhead (R-Glendale)--have received thousands of dollars from Drexel and its political action committee in the last three years. Two signers of Waxman's letter, Reps. Julian C. Dixon (D-Los Angeles) and Augustus F. Hawkins (D-Los Angeles), list no Drexel contributions on recent financial disclosure reports.


100 posted on 10/31/2004 1:50:18 AM PDT by calcowgirl
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To: calcowgirl
Oh yeah, the freaking junk bond king! Interesting find!

Most all these politicos are freaking crooks.

101 posted on 10/31/2004 7:52:48 AM PST by Joe Hadenuf (I failed anger management class, they decided to give me a passing grade anyway)
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