That and he has been handsomely paid by them!
EXCLUSIVE:
President Obama continued collecting money for his 2010 Senate re-election campaign even after he resigned his seat from Illinois, including a maximum $2,300 donation the day after Christmas from a top executive of a Wall Street firm that had received a government bailout.
Four contributions - $4,800 in all - were donated to the Obama 2010 fund on Dec. 26, according to Federal Election Commission reports.
The money came from some of Mr. Obama’s top presidential fundraisers: Bruce A. Heyman, managing director at Goldman Sachs, which received a $10 billion bailout last year; Steven Koch, vice chairman at Credit Suisse First Boston; and John Levi, a lawyer at the law and lobbying firm of Sidley Austin LLP.
The donations are legal, but the timing is unusual because Mr. Obama formally left the Senate on Nov. 16 and already had a surplus in his Senate campaign treasury.
http://www.washingtontimes.com/news/2009/mar/27/obama-raised-cash-even-after-leaving-senate/
From No Quarters...
Let’s start with the numbers. Why is a first term Senator pulling down almost $300,000 a year from Goldman Sachs, Lehman Brothers, Bear Stearns, Fannie Mae, Freddie Mac, AIG, Countrywide Financial, and Washington Mutual? He has not even completed his fourth year in the Senate and received a total of $1,093,329.00 from these eight companies and their employees. (all data from OpenSecrets.org). John McCain’s numbers, according to OpenSecrets.org for the period 1990-2008 (i.e., 18 years worth of data) only collected $549,584.00. In other words, Barack is receiving $273,582.25 (and 2008 is not over) per year while McCain raised a paltry $30,532.44.
Want another shocker? Barack Obama has received more from one source–Goldman Sachs $542,252.00–than McCain has from all of the companies combined. Who the hell is more beholden to lobbyists? And why does a junior Senator from Illinois rate this kind of dough?
http://www.noquarterusa.net/blog/2008/09/21/baracks-wall-street-problem-is-now-americas/
CITI-FRAUD, PURPOSELY or incompetently The Resident cut a real bad deal for US!
While sucking us dry to the tune of $45 Billion!
http://www.reuters.com/article/newsOne/idUSTRE52F3MP20090316
Movin on Up to the Treasury
http://online.wsj.com/article/SB123732747181462245.html
US of Citi-fraud, Coincidence??
http://www.americablog.com/2009/02/united-states-of-citibank.htmlh
Top Donor to the Resident’s Inaugeration.
http://www.newsmax.com/insidecover/citibank_obama_donors/2009/01/15/171703.html
AIG Kickback
http://www.redstate.com/california_yankee/2009/03/17/obama-received-a-101332-bonus-from-aig/
Freddie/Fannie Payoffs
Government Sachs
http://tpmmuckraker.talkingpointsmemo.com/2009/03/government_sachs_tarp_funds_just_the_tip
_of_th_ic.php
From Op Ed
While not on the Center for Responsive Politics list of the top 20 contributors to the Obama presidential campaign, Mayer-Brown’s partners and employees are in rarefied company, giving a total of $92,817 through December 31, 2007, to the Obama campaign. Seven of the Obama campaign’s top 14 donors consist of officers and employees of the same Wall Street firms These seven Wall Street firms are (in order of money given): Goldman Sachs, UBS AG, Lehman Brothers, JP Morgan Chase, Citigroup, Morgan Stanley and Credit Suisse. There is also a large hedge fund, Citadel Investment Group, which is a major source of fee income to Wall Street. There are five large corporate law firms that are also registered lobbyists; and one is a corporate law firm that is no longer a registered lobbyist but does legal work for Wall Street. The cumula tive total of these 14 contributors through February 1, 2008, was $2,872,128
Obama’s Money Cartel
http://www.opednews.com/articles/1/genera_pam_mart_080226
_obama_s_money_cartel.htm
Also see
http://www.opensecrets.org/pres08/contrib.php?id=N00009638&cycle=2008
And how SWEET it is to be on his list of Bribers! Citi-FRAUD who was broke remember?
http://www.reuters.com/article/newsOne/idUSTRE52F3MP20090316
Still broke not long ago and YET!
Now Movin Back On Up!
Citi plans fund to buy undervalued bank debt