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Madoff Made Hefty Political Contributions to Top Officials (Clinton, Obama, Dodd, Schumer, Rangel)
Fox News ^ | 12/15/08

Posted on 12/15/2008 9:22:31 PM PST by Libloather

Madoff Made Hefty Political Contributions to Top Officials
Democratic and Republican leaders benefited from checks from Bernard Madoff, the disgraced former head of Nasdaq accused of massive investment fraud.
FOXNews.com
Monday, December 15, 2008

It reads like a who's who of liberal Democrats: Clinton, Corzine, Dodd, Schumer, Kerry, Markey, Rangel, Bradley, Lautenberg ... and yes, even Obama.

And what they all have in common is Bernard Madoff and his company of lies.

In fact, the disgraced one-time Nasdaq boss and founder of an investment firm that authorities say brokered one of the biggest Ponzi schemes in Wall Street history also liberally sprinkled a portion of his allegedly ill-gotten billions to help further the political fortunes of his favorite candidates and their campaigns -- it appears to the tune of more than $400,000.

And, a review of campaign contributions at OpenSecrets.org shows that from 2005-2008, Madoff pumped well over $100,000 into the Democratic Senatorial Campaign Committee, a political action committee guided by Senate Majority Leader Harry Reid and Sens. Chuck Schumer of New York, Bob Menendez of New Jersey and Amy Klobuchar of Minnesota.

Schumer's own campaigns were on the receiving end of thousands of dollars from Madoff, his investment firm and members of his family.

Schumer's office acknowledged the contributions and said he has pledged to give $6,000 in Madoff donations to charities.

"He is donating to charity the money that he has received from Mr. Madoff, personally," Schumer spokesman Brian Fallon told FOXNews.com on Monday.

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: clinton; corruptdems; dodd; donors; dscc; madoff; ponzi; rangel; schumer
It reads like a who's who of liberal Democrats: Clinton, Corzine, Dodd, Schumer, Kerry, Markey, Rangel, Bradley, Lautenberg ... and yes, even Obama.

So - they can be bought. But will they give back the ill-bootten goty?

1 posted on 12/15/2008 9:22:32 PM PST by Libloather
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To: Libloather

Sheesh, one scandal after another that has links to The One.


2 posted on 12/15/2008 9:28:44 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Army Air Corps

Links? Links? Like now the Palm Beach Country CLub, where he recruited his “suckers” is now “pay to play”?


3 posted on 12/15/2008 9:30:31 PM PST by hoosiermama (Berg is a liberal democrat. Keyes is a conservative. Obama is bringing us together already!)
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To: hoosiermama

I haven’t heard about that one!


4 posted on 12/15/2008 9:33:32 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Libloather

It says, “Republicans” - but I don’t see any repub names among the rogue’s gallery. Am I missing something ..??


5 posted on 12/15/2008 9:37:37 PM PST by CyberAnt (Michael Yon: "The U.S. military is the most respected institution in Iraq.")
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To: Libloather

Kerry? As in “I married an old saddle bag for her cash” Kerry?


6 posted on 12/15/2008 9:39:14 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: CyberAnt
It says, “Republicans” - but I don’t see any repub names among the rogue’s gallery. Am I missing something ..??

Towards the end of the article a few names are mentioned, although no $ amounts. A few of them are no longer in Congress.

What numbnut CNN announcer recently stated that most recent scandals involved Republicans? If this is true (which it isn't), the Dems are catching up quickly.

7 posted on 12/15/2008 9:45:29 PM PST by Major Matt Mason (You can't shame the shameless.)
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To: Libloather
Madoff Made Hefty Political Contributions to Top Officials
(Clinton, Obama, Dodd, Schumer, Rangel)


I must be psychic (LOL!) as from about day 1, I felt sure
this dude, like lots of Wall Street types are heavy DemoRat
donors.

Will these politicians be required to give back their ILL-GOTTEN GAINS?

At least that's what is likely to happen with investors that pulled
out funds from Madoff in the last couple of years according
to some legal commentators.
8 posted on 12/15/2008 9:49:38 PM PST by VOA
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To: Libloather

Madoff won’t spend a day in jail.

Meanwhile, some ghetto kid will be sent away for pilfering a twinkie at the 7-11.

Lesson: When you steal, steal big


9 posted on 12/15/2008 9:54:32 PM PST by oldbill
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To: oldbill
Madoff won’t spend a day in jail.

Nor should he. He should be immediately be taken out back and shot after his conviction.

10 posted on 12/15/2008 9:56:28 PM PST by dfwgator (I hate Illinois Marxists)
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To: CyberAnt
It says, “Republicans” - but I don’t see any repub names among the rogue’s gallery. Am I missing something ..??

I was just about to post the same thing! We live in an altered state of reality.

11 posted on 12/15/2008 10:01:58 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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To: Army Air Corps

That Kerry. The gay cabellero-like football throwing ex-candidate.


12 posted on 12/15/2008 10:03:34 PM PST by Ben Reyes (Palin 2012)
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To: April Lexington

I Guess they have to put the word “republican” in the sentence or the lefties won’t read it. LOL!!


13 posted on 12/15/2008 10:18:43 PM PST by CyberAnt (Michael Yon: "The U.S. military is the most respected institution in Iraq.")
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To: Libloather

Dodd and Schumer: two gomers out of the cavalcade of dolts responsible for our current financial mess.


14 posted on 12/15/2008 10:27:26 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Libloather

DemocRAT corruption is breathtaking. Will we EVER know the depth of RAT corruption?


15 posted on 12/15/2008 10:32:46 PM PST by teletech (Friends don't let friends vote DemocRAT)
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To: April Lexington; CyberAnt
There were several former Republican senators and congressmen,as I remember Fosseli and D’Amato were listed. The only current Repub pol who received money from Madoff was/is John McCain.

I am from Arizona and I am not surprised. I think I read that he received more funds from out of state than in state the last time he ran for Senate. I recall thinking at the time that there should be no out of state contributions to persons running to represent the people of a local district or state. The support money should be coming from the persons the candidate represents,or wishes to represent.

16 posted on 12/15/2008 10:33:19 PM PST by saradippity
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To: saradippity

I’m not sure I agree with that .. and it’s because during this last election, the democrats honed in on a lady running for a House seat, and even Pelosi went to the district and made a “district only” TV commercial to try to get her dem elected.

I was so appalled by how the dems were treating this woman, I sent her a small donation. I guess a lot of other repubs did too and she ended up winning her election.


17 posted on 12/15/2008 10:39:55 PM PST by CyberAnt (Michael Yon: "The U.S. military is the most respected institution in Iraq.")
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To: Libloather

who are the Republicans that received $$$ they always throw in a few — for balance——


18 posted on 12/15/2008 10:54:45 PM PST by malia
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To: Army Air Corps; All

I predict that the Obama Administration will be more “scandal-plagued” than that of William Jefferson Clinton.


19 posted on 12/15/2008 11:04:19 PM PST by no dems (GOP Ticket for 2012: Sarah Palin and a Conservative Male with a Hispanic surname.)
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To: Libloather

Gee, maybe they can give the money back now and help this poor downtrodden victim./s


20 posted on 12/16/2008 2:31:28 AM PST by freeangel ( (free speech is only good until someone else doesn't like what you say))
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To: CyberAnt; April Lexington; malia
Among the more prominent recipients of Mad Money were:
-- Massachusetts Rep. Ed Markey
-- New York Sen. Hillary Clinton
-- Massachusetts Sen. John Kerry
-- New York Rep. Carol Maloney
-- Massachusetts Sen. Ted Kennedy
-- New York Rep. Charles Rangel
-- New Jersey Gov. Jon Corzine
-- New Jersey Sen. Frank Lautenberg
-- Former Missouri Sen. Dick Gephardt
-- Former New Jersey Sen. Bill Bradley

Madoff also hedged his bets and kicked in a few bucks to select Republicans, such as:
-- Former Texas Rep. Jack Fields
-- Arizona Sen. John McCain
-- Former N.Y. Rep. Vito Fossella
-- Former Louisiana Rep. "Billy" Tauzin
-- Former N.Y. Rep. Daniel Frisa
-- Former N.Y. Sen. Alfonse D'Amato

As for President-elect Barack Obama, records show Madoff, his family and associates only contributed a few thousand dollars in total to his campaign.

For a complete list, go to http://www.opensecrets.org and search keyword Madoff, Bernard.

21 posted on 12/16/2008 5:37:07 AM PST by Libloather (December is Liberal, Leftist, Marxist Awareness Month.)
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To: no dems

That, my FRiend, is a safe bet.


22 posted on 12/16/2008 6:02:37 AM PST by Army Air Corps (Four fried chickens and a coke)
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To: Libloather

BTTT.


23 posted on 12/16/2008 6:09:38 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: Ben Reyes

“That Kerry. The gay cabellero-like football throwing ex-candidate.”

I thought that was Gore - I’ll never forget that uncoordinated fruitcake ‘playing’ football for the cameras. Another Dukakus in the tank moment!


24 posted on 12/16/2008 6:36:18 AM PST by GretchenB
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To: Libloather

Again, the Democrat Culture of Corruption gets a pass. Only Republicans are held accountable.


25 posted on 12/16/2008 6:37:20 AM PST by jersey117
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To: Libloather

You might have known McCain would be on the list - along with the rest of the democraps...

He has to be the biggest jerk yet - I sure hope someone will run against him in 2010. I’ll contribute to that! His most recent interview where he wouldn’t support Sarah was disgraceful - without her BHO would have won 80% of the vote.


26 posted on 12/16/2008 6:40:34 AM PST by GretchenB
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To: Libloather

I’m so proud of Schumer - he is giving ‘his $6,000’ to charity....
I wonder $6,000. out of how much... tho.

As for McCain — well, all I can say is, because he is who he is, McCain will be on every one’s list as a cya.


27 posted on 12/16/2008 7:51:20 AM PST by malia
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To: GretchenB

That seem to run out of that particular Senate Seat...I remember Goldwater backstabbing Reagan...twice. Disgraceful.


28 posted on 12/17/2008 8:18:07 PM PST by MSF BU (++)
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To: Libloather; All

I find this absolutely facinating.

Get this .. the dems continually whine about the “republicans greed” .. however, the really greedy people are the democrats on the “Mad Money” list.

What’s even more facinating .. the greedy democrats ARE ALSO STUPID.

When is the public going to get it .. my frustration level is tanking.


29 posted on 12/19/2008 10:44:18 PM PST by CyberAnt (Michael Yon: "The U.S. military is the most respected institution in Iraq.")
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