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Wednesday, September 17, 2008

Corporate Campaign Contributions

So there is all this talk about donations by Fannie and Freddie to the Obama campaign. has Obama taking $126, 349 from EMPLOYEES of Fannie and Freddie based on information from (My research on opensecrets, a fabulous website btw, came up with about $109,000, including every election back until 1992, but whatever). They just seem to forgo mentioning that McCain took money from Fannie and Freddie's employees as well. It was only $17,900 according to my calculations, paltry yes, but still worth mentioning. It kind of gives you a air of credibility as a media outlet when you mention both sides. So here you go, right from John McCain's top contributors and Barack Obama's top contributors:


Merrill Lynch $298,413
Citigroup Inc $269,251
Morgan Stanley $233,272
Goldman Sachs $208,395
JPMorgan Chase & Co $179,975
AT&T Inc $174,487
Blank Rome LLP $150,426
Credit Suisse Group $150,025
Greenberg Traurig LLP $146,787
UBS AG $140,165
PricewaterhouseCoopers $140,120
US Government $137,617
Bank of America $129,475
Wachovia Corp $122,846
Lehman Brothers $117,500
FedEx Corp $113,453
Gibson, Dunn & Crutcher $104,250
US Army $103,613
Bear Stearns $99,300
Pinnacle West Capital $97,700

Goldman Sachs $691,930
University of California $611,207
Citigroup Inc $448,599
JPMorgan Chase & Co $442,919
Harvard University $435,769
Google Inc $420,174
UBS AG $404,750
National Amusements Inc $389,140
Microsoft Corp $377,235
Lehman Brothers $370,524
Sidley Austin LLP $350,302 $347,463
Skadden, Arps et al $340,264
Time Warner $338,527
Wilmerhale Llp $335,398
Morgan Stanley $318,070
Latham & Watkins $297,400
Jones Day $289,476
University of Chicago $278,885
Stanford University $276,038

Of note is that McCain's number 1 (employee) contributor is Merrill Lynch, another one of the
companies that recently had a collapse. But basically, it should just be pointed out that both of
these candidates take money from wall street. It is kinda tough for either to accuse the other
of being in bed with Wall Street without admitting their own connections (both took a lot of
money from Lehman Brothers). This is politics and the money is (was) on Wall Street.

I would also point out that:
*McCain has full disclosure of 85.8%, partial disclosure of 3%, and no disclosure of 11.1% of his

*Obama has full disclosure of 92.4%, partial disclosure of 1.8%, and no disclosure of 5.8% of his