Merrill 3Q loss widens on mortgage-related charges (AP)

AP - Merrill Lynch says it third-quarter loss widened as it took more than $12 billion in charges from the sale of mortgage-related investments and fallout from the continued credit crisis. Read more…

Freddie Mac and Fannie Mae PACs on Capitol Hill (AP)

19.09.2008 13:25 Finance

Highest congressional career totals for contributions from PACs tied to Freddie Mac and Fannie Mae:

House Minority Whip Roy Blunt, R-Mo., $78,500.

Sen. Robert Bennett, R-Utah, Senate Banking, Housing and Urban Affairs Committee, $71,499.

Rep. Spencer Bachus, of Alabama, House Financial Services Committee, senior Republican, $70,500.

Senate Majority Leader Harry Reid, D-Nev., $60,500.

House Minority Leader John Boehner, R-Ohio, $60,500.

Sen. Christopher Dodd, D-Conn., chairman of Senate Banking, Housing and Urban Affairs Committee, $48,500.

House Speaker Nancy Pelosi, D-Calif., $47,000.

Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, $30,500.

• Fannie Mae's PAC total contributions to congressional races this election cycle through June:

• House: Democrats, $275,950; Republicans, $257,850.

• Senate: Democrats, $82,500; Republicans $83,500.

• The companies' lobbying expenses in first half of this year: $7.4 million.

(Source: The Center for Responsive Politics, with Federal Election Commission records.)

Add comment  Add comment

Name: 
E-Mail: 
Comment: 
Captcha
Enter code: 


Google

Last added

Navigation

Visit Also

Meta