Wall Street's man in the Senate | Arkansas Blog

Saturday, November 19, 2011

Wall Street's man in the Senate

Posted By on Sat, Nov 19, 2011 at 7:38 AM

WALL STREETS NEMESIS: Elizabeth Warren.
  • WALL STREET'S NEMESIS: Elizabeth Warren.
Does anger at Wall Street and the big bankers for escaping the consequences that befall working-class Americans have election day implications? Massachusetts may be a good measure.

Even more money is pouring into the re-election campaign of U.S. Sen. Scott Brown, a favorite of Wall Street. The financial barons don't like for a minute the prospect of his defeat by Elizabeth Warren, a smart and unshakable defender of consumers. So smart, in fact, that Wall Street opposition forced President Obama to back off appointing her to head an agency she dreamed up. The NY Times describes her as "godmother of the Occupy Wall Street movement."

You could make an ad from this:

Mr. Brown, a freshman who harnessed populist Tea Party anger to win the seat once held by Edward M. Kennedy, has taken more money from the financial industry than almost any other senator: all told, more than $1 million during the last two years, according to data from the Center for Responsive Politics.

Of the 20 companies that accounted for the most campaign donations to Mr. Brown, about half were prominent investment or securities firms like Morgan Stanley, Fidelity Investments and Bain Capital. His donors include such blue-chip names as Gary Cohn, the president of Goldman Sachs, and the hedge fund kings John Paulson and Kenneth Griffin.

Tags: , , , ,


Sign up for the Daily Update email
Favorite

Comments (29)

Showing 1-29 of 29

Add a comment

 
Subscribe to this thread:
Showing 1-29 of 29

Add a comment

More by Max Brantley

Readers also liked…

  • Arkansan on Obama's latest commutation list

    President Obama today announced commutations of the sentences of 111 federal prisoners, including one from Arkansas.
    • Aug 30, 2016
  • Two plead in fraud of sheriff's office

    A former employee of the Pulaski County sheriff and a North Little Rock woman who sold goods to the sheriff's office have pleaded guilty to mail fraud in a scheme to steal from the sheriff's office, according to a news release from the U.S. attorney's office.
    • May 16, 2017
  • A response to police arrests becomes a tutorial on race, class and policing in Little Rock

    John Walker, the 79-year-old civil rights lawyer, and his associate, Omavi Shukur, 29, a young lawyer devoted to criminal justice reform, talked to press this afternoon about their arrests Monday by Little Rock police for supposedly obstructing governmental operations in observing and attempting to film a routine police traffic stop. It was a tutorial on sharp views of race, class and governance in Little Rock.
    • Sep 29, 2016

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation