Posted on 03/04/2009 7:31:26 PM PST by Coleus
Fox 5 News has uncovered the whopping amount of money that disgraced financier Bernie Madoff, his sons, brother and wife donated to members of Congress. Madoff is facing accusations of masterminding the largest investment fraud in history and could go to prison for life if tried and convicted.
Watch Charles Leaf's report (video, left).
There is no evidence of any wrongdoing or quid pro quo, but the revelation of the donations raises questions about what influence in Congress may or may not buy. At least one former SEC accountant says that members of Congress have in the past pressured the commission to be a "kinder, gentler cop" with its inspections of Wall Street broker-dealers.
Nobody received more campaign contributions from the Madoff's than New York's senior senator, Charles Schumer. He tops the Madoff donor list at $29,300. His office Told Fox 5 it recently donated $8,000 of that to police and fire endowments.
Here is list of donations Charles Leaf uncovered:
Sen. Charles Schumer, D-N.Y.: $29,300
Sen. Frank Lautenberg, D-N.J: $11,600
Sen. Hillary Clinton: Nearly $9,000 (Senate and presidential campaigns; Clinton is now U.S. sectretary of state)
Rep. Vito Fossella, R-N.Y.: $3,000
Rep. Carolyn Maloney, D-N.Y.: $3,000
Sen. Jon Corzine, D-N.J.: $2,000 (during his Senate tenure; Corzine is now N.J. governor)
Rep. Charles Rangel, D-N.Y.: $2,000
Sen. Chris Dodd, D-Conn.: $1,800
(Excerpt) Read more at myfoxny.com ...
The party of criminals.
All Dems! What a surprise(not).
One Republican. How’d he get in there?
the usual suspects
Well, I am SHOCKED! I can’t believe those nice Dims took all that money from a crook.
Sen. Charles Schumer, D-N.Y.: $29,300
Sen. Frank Lautenberg, D-N.J: $11,600
Sen. Hillary Clinton: Nearly $9,000 (Senate and presidential campaigns; Clinton is now U.S. sectretary of state)
Rep. Vito Fossella, R-N.Y.: $3,000
Rep. Carolyn Maloney, D-N.Y.: $3,000
Sen. Jon Corzine, D-N.J.: $2,000 (during his Senate tenure; Corzine is now N.J. governor)
Rep. Charles Rangel, D-N.Y.: $2,000
Sen. Chris Dodd, D-Conn.: $1,800
I guess we can assum Madoff’s going to continue living in the penthouse - and maybe get some bailout money...
Does anyone know any more details on this?
Culture of corruption.
Those are pretty small potatoes.
They need to dig deeper, and not just on the Madoff thing. Dig into donation by mortgage lenders and hedgefunds.
Follow the money.
All the crooks try to buy influence from our government. And the sleazebags in politics let them.
NYT Headline: Republican Fossella among largest recipients of Madoff Political Bribes.
They should give the money back to Elie Wiesel’s foundation that was bankrupted by Madoff.
he's out, an adulterer and drunk driver who was dumb enough to have a love child with a good-looking, Lt. colonel.
Shoot, I posted Madoff’s FEC disclosures on the first thread on him here on FR, months ago. And these fools think this in newsworthy, now?
See here:
http://www.freerepublic.com/focus/f-news/2147183/posts?page=27#27
Reporters today are just clueless.
Does anyone know any more details on this? >>
there might be more on the video, click the fox link.
Oh, really? I’ll read it tomorrow in the newspaper.
thank you
RINO from NY.
Not just democrats but particularly dirty and powerful ones (and one republican I don't know squat about).
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