 merrie says: Mr. Schumer has accepted $112,000 in donations from AIG's employees and its political action committee, making him the second-largest recipient among active lawmakers since 1990. "Virtually all the contributions were made over five years ago, and nothing has been contributed since taxpayers needed to step in to save this company from itself," said Brian Fallon, a spokesman for Sen. Schumer. "He hasn't accepted donations since, and will not." Among Republicans, former President George W. Bush has received the most -- $200,000 -- from AIG and its employees, followed by 2008 Republican presidential candidate Sen. John McCain, with $99,000. Through the 1990s and the early part of this decade, AIG's donations were evenly split between Republicans and Democrats. But starting during the 2004 election, AIG employees and its PAC started favoring Democrats. Since then, Democrats have received 60% of the $2.6 million in political donations from the company and its employees. When Mr. Dodd was raising funds from AIG, his donor list included some executives from the company's financial-products division that created the instruments that brought billions of dollars in losses to the company and led to its collapse. A few weeks before Mr. Dodd formally announced that he was running for the Democratic nomination, 33 employees of AIG's financial-products division each contributed $2,100 to his presidential account, or $69,300 total, according to Federal Election Commission records. In March 2007, Mr. Dodd's campaign paid $250 to the financial-products unit in Wilton, Conn., for a "room rental fee." Such itemizations typically are associated with fund-raising events... |
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