Is anyone still surprised that GOP is shilling for Wall Street?
First, GOP top brass huddles with Wall Street brass before opposing Wall Street reform bill.
Now, Ben Smith reports that just six (6) days ago, Steele & Mittens had a huge fundraiser at the home of John Paulson, a man who ran Goldman Sachs hedge fund and made billions by defrauding his customers.
Republicans Mitt Romney and Michael Steele headlined a Republican National Committee fundraiser six days ago at the home of the hedge fund titan at the center of the Security and Exchange Committee's fraud charges against Goldman Sachs.
A spokesman for the RNC confirmed the Tuesday evening event at the Manhattan home of John Paulson, who made a fortune betting against the housing market, and whom Goldman is accused of working to structure products sold to unwitting investors.
Paulson appears not to be facing charges. The RNC spokesman declined to comment on the gathering and a Romney spokesman didn't respond to an email on the topic.
Republicans have by and large fought regulations on derivative trading that would dramatically impact the businesses of hedge fund managers like Paulson.
The Goldman charges have sprayed a toxic political cloud out from one of Wall Street's wealthiest corners, raising questions for politicians of both parties, like New York's Senators Kirsten Gillibrand and Chuck Schumer, who raised heavily from Goldman Sachs, and for the recipients of contributions from the politically-active Paulson.
Though many hedge fund managers lean Democratic, Paulson has split his giving, offering maximum six-figure contributions both the the Democratic Senatorial Campaign Committee and to the Republican National Committee. Paulson, ranked 45 on Forbes' list of America's richest individuals, made maximum contributions to the presidential campaigns of Mitt Romney, John McCain, and Rudy Giuliani in 2008, but has also given to key Democratic senators for the finance industry, including Chris Dodd and Max Baucus.
Paulson hasn't given directly to Schumer, though he maxed out to Schumer's committee. But he did host a fundraiser for the senior New York senator earlier this month, describing him in the invitation as "one of the few members of Congress that has consistently supported the hedge fund industry."
Republicans Mitt Romney and Michael Steele headlined a Republican National Committee fundraiser six days ago at the home of the hedge fund titan at the center of the Security and Exchange Committee's fraud charges against Goldman Sachs.
A spokesman for the RNC confirmed the Tuesday evening event at the Manhattan home of John Paulson, who made a fortune betting against the housing market, and whom Goldman is accused of working to structure products sold to unwitting investors.
Paulson appears not to be facing charges. The RNC spokesman declined to comment on the gathering and a Romney spokesman didn't respond to an email on the topic.
http://www.politico.com/...
Some bloody money, eh, GOP?
In the meantime, on Thursday, Pres. Obama will speak at Cooper Union, a stone throw away from Wall Street. He should not pull any punches