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VIP Democratic donors have big federal interests
WashTimes ^ | Friday, Oct. 30, 2009 | Matthew Mosk

Posted on 10/30/2009 5:45:37 AM PDT by radar101

When UBS Americas CEO Robert Wolf stepped out on the golf links at Martha's Vineyard this past summer as part of President Obama's foursome, his firm had plenty to celebrate.

A few days earlier, the Swiss parent of his company had resolved a long-running dispute with the IRS over undeclared offshore accounts. The sticky legal case was one of several matters involving the financial giant where huge sums of money could hinge on the action taken by the federal government.

But as they strolled the fairways, the topic never came up. Mr. Wolf, like many of the influential Americans who raised more than $500,000 to help get Mr. Obama elected in 2008, has adamantly maintained that he has never let the interests of his company creep into his relationship with the president.

A Washington Times investigation earlier this week found that top donors to Mr. Obama had been rewarded with perks, and that the DNC was attempting to secure hefty donations by promising potential contributors special access to senior administration officials.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Crime/Corruption; Government; Politics/Elections
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1 posted on 10/30/2009 5:45:39 AM PDT by radar101
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