Contributions to Obama Campaign Track Bailout Money
AIG's $43.5 billion in payments to Wall Street banks that gave to the president's election is lost in the ruckus being made over the executive bonuses.
March 17, 2009 - 11:31 am
Three other banks that were significant contributors to Obama received money through AIG:
Bank of America: $274,493
Lehman Brothers, which did not survive long enough to join the list of banks leaching off the work of the American taxpayer, also gave the Obama campaign $276,088.
Individuals identifying themselves as working for the banks above gave Barack Obama’s presidential campaign $3,617,724. In other words, more than 3.6 million reasons for the president to help focus the media’s glare on the relatively minuscule $165 million in AIG executive bonuses, and away from their $43.5 billion portion of $100 billion of taxpayer dollars the administration, by design or incompetence, filtered to other banks through AIG.
In receiving $43.5 billion for their investment of just over $3.3 million, it looks like the banks that gambled on Wall Street certainly got their money’s worth out of their investment in Barack Obama.