Not totally accurate. There is an old saying that half the truth is worse than a lie.http://abcnews.go.com/Blotter/Blotter/story?id=5891663&page=1
Someone else is also thankful................
Goldman Sachs bankers are also the number one contributors to the Barack Obama presidential campaign, giving $691,930 to his campaign in this cycle, according to the records.
University of California $1,591,395
Goldman Sachs $994,795
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290
JPMorgan Chase & Co $695,132
Time Warner $590,084
Sidley Austin LLP $588,598
Stanford University $586,557
National Amusements Inc $551,683
UBS AG $543,219
Wilmerhale Llp $542,618
Skadden, Arps et al $530,839
IBM Corp $528,822
Columbia University $528,302
Morgan Stanley $514,881
General Electric $499,130
US Government $494,820
Latham & Watkins $493,835
What?Not totally accurate. There is an old saying that half the truth is worse than a lie.
Second, Goldman Sachs did not contribute. The money came from its PAC, individual members or employees, and those individuals' immediate families.
They were not the number one contributors.What?
They were not the number one contributors.
And to put their contributions in perspective, they amounted to approximately one tenth of one percent of the $745 million raised by the Obama campaign (of which $730 million were spent).
They were not the number one contributors.
White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman's employees and their relatives. He also met twice with Obama's top economic adviser, Larry Summers.
Meanwhile, however, Goldman is retaining former Obama White House counsel Gregory Craig as a member of its legal team. In addition, when he worked as an investment banker in Chicago a decade ago, White House Chief of Staff Rahm Emanuel advised one client who also retained Goldman as an adviser on the same $8.2 billion deal.
Not totally accurate. There is an old saying that half the truth is worse than a lie.
First, because of contribution limits, organizations that bundle together many individual contributions are often among the top donors to presidential candidates. These contributions can come from the organization's members or employees and their families. The organization may support one candidate, or hedge its bets by supporting multiple candidates. Groups with national networks of donors make for particularly big bundlers.
Second, Goldman Sachs did not contribute. The money came from its PAC, individual members or employees, and those individuals' immediate families.
Third, at $994,795, as a group Goldman Sachs' PAC, partners, employees and their family members were Obama's second largest contributor. The University of California's PAC, employees and their family members were first with a total of $1,591,395. US Government employees and their family members contributed a total total of $494,820.
Source: OpenSecrets.org
Code:University of California $1,591,395 Goldman Sachs $994,795 Harvard University $854,747 Microsoft Corp $833,617 Google Inc $803,436 Citigroup Inc $701,290 JPMorgan Chase & Co $695,132 Time Warner $590,084 Sidley Austin LLP $588,598 Stanford University $586,557 National Amusements Inc $551,683 UBS AG $543,219 Wilmerhale Llp $542,618 Skadden, Arps et al $530,839 IBM Corp $528,822 Columbia University $528,302 Morgan Stanley $514,881 General Electric $499,130 US Government $494,820 Latham & Watkins $493,835
Fourth, Goldman Sachs employees were John McCain fourth largest contributor. First was Merrill Lynch, second was Citigroup and Morgan Stanley was third.
Some of John McCain's other notable contributors were employees of the US Government at $208,379, US Army $167,820, US Dept of Defense $144,105, Bear Stearns $117,498 and Lehman Brothers $114,357.
Opensecrets.org is at best a questionable source. It lists funding from the Joyce Foundation which is in the middle of the Chicago Climate Exchange (CCX) carbon cap scam. Also it is involved with Shorebank and in the middle of all this too, is none other than Barack Obama and Goldman Sachs.