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Home Front Economy
Following the money in the Wall Street shakeout? Start here.
2008-09-28

OpenSecrets.org has many, many resources for anyone interested in following the money as Washington policymakers craft their solution to the shakeout that continues on Wall Street. Here's a guide to what we at the Center for Responsive Politics have for you online:

* Overviews of federal campaign contributions and lobbying by the finance, insurance and real estate sector
* Within that sector, we have similar data for the two industries getting the most attention right now: the securities and investment industry (contributions, lobbying) and commercial banks (contributions, lobbying)
* How much have members of Congress received from these industries? OpenSecrets.org can show you: securities/investment, banking. Play around with the dropdowns and slider menu to change the timeframe or see totals to specific members of the House and Senate.
* Which companies are the biggest contributors within these industries and how do they split their money between Democrats and Republicans? Banking. Securities/investment.
* For the biggest givers in American politics, which would include most of the major investment firms and commercial banks in the news right now, OpenSecrets.org has detailed "Heavy Hitter" profiles. You can review their contributions and lobbying over time and see how much they've contributed to particular politicians. Here's the full list, and here's direct access to Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Merrill Lynch, Bank of America and American International Group (AIG).
* Don't forget Fannie Mae and Freddie Mac. We have a list of politicians who've received contributions from their PACs and employees. And we have profiles of contributions and lobbying by the mortgage banking industry.
* In addition to all that's linked above, we've posted a number of other analyses in our Capital Eye blog over the last couple of weeks. You can find these posts here.

Start digging!
Posted by:3dc

#6  Too late in curbing the golden parachutes for some; they alread make their killing. Paulson already got his when he left Wall Street.
Posted by: JohnQC   2008-09-28 20:01  

#5  Nancy Pelosi had some serious holdings in AIG. Would it be correct to say that because of the bailout that her losses are, er, ah diminished now? Talk about conflicts of interest.
Posted by: JohnQC   2008-09-28 17:46  

#4  Am I correct in assuming the heavy hitter monies went largely to the blue state recipients--than would be the donks. Unions, real estate, lawyers association, etc.; the usual suspects in the base of donks.
Posted by: JohnQC   2008-09-28 17:45  

#3  Thanks 3dc, I've been looking for something like this to try to make sense out of the influence peddling going on in Washington in other words who gets what?
Posted by: JohnQC   2008-09-28 17:39  

#2  ...shakeout...shakedown....

there. fixed
Posted by: Jumbo Theremble2006   2008-09-28 16:09  

#1  Truely a dragnet.
Posted by: newc   2008-09-28 14:14  

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