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Tag : John McCain

  1. April 30, 2009, 8:00 am

    MONEY & POLITICS: Will GOP Miss Specter’s Generous Ways?

    By now, it’s old news that Senator Arlen Specter switched parties to join the Democratic majority in the Senate. Earlier this week PaperTrail took a look at the money that Specter might be giving back in the coming months, if Republicans take him up on his offer to return campaign donations “upon request” The move raises another interesting question though: Specter’s PAC has been quite generous to his former Republican caucus-mates. Will his GOP colleagues, in addition to blasting his move across the aisle, also return his PAC’s money? After all, quite a few of them have taken it. Read more

  2. March 30, 2009, 3:41 pm

    POLITICS: Public Financing is Dead; Long Live Public Financing

    When we last wrote about John McCain, he had just lost the presidential election by a 365 to 173 Electoral College landslide after being massively outspent by the Obama campaign’s fundraising juggernaut. The Republican nominee’s financial disparity stemmed, in part, from his decision to accept $84.1 million in public funds, forgoing any campaign contributions for the general election campaign. Meanwhile, Obama raked in $150 million in private donations during September alone. Read more

  3. March 30, 2009, 8:00 am

    FINANCE: Obama Top Recipient of AIG’s Hefty Campaign Contributions

    The American International Group, more commonly known as AIG, has become the poster child for the financial bailout. The company has received $170 billion from the Treasury Department and Federal Reserve since September 2008, and recently landed in a world of hurt when it was revealed that some $165 million of that money was given as bonuses to its employees — many of whom worked in the insurance giant’s financial arm. Read more

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