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Wednesday
Jun162010

BUSTED: 8 House members to be formally investigated for taking Wall Street cash near financial reform vote

This is quite surprising.  No, really, it is.  Hoocoodanode?

Is your representative one of the 8?  Follow the money.

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The Office of Congressional Ethics is investigating eight lawmakers who held fundraisers within 48 hours of a major House vote on a Wall Street reform bill or received substantial donations from business people with a financial stake in the bill, according to congressional sources and letters.

The probe is focused on whether the timing of accepting the campaign checks created an unacceptable appearance of a conflict, according to sources familiar with the investigation and letters sent by the OCE to lobbyists requesting information. The OCE's spokesman declined to comment for this article, citing the ongoing nature of the investigation.

The office is scrutinizing five Republicans and three Democrats, a diverse group that includes a conservative, Rep. Jeb Hensarling (R-Tex.), and a liberal member of the Congressional Black Caucus, Rep. Melvin Watt (D-N.C.).

Seven of the eight members held fundraisers for their reelection campaigns on Dec. 9 or Dec. 10 -- just before the House voted Dec. 11 in favor of a bill to make broad changes in how Wall Street and financial firms are regulated, according to a Washington Post analysis.

Rep. Tom Price (R-Ga.) held a "Finance Services luncheon" at the Capitol Hill Club on Dec. 10. On the same day, a lobby firm with financial clients, Davis & Harman, hosted a fundraising breakfast for Rep. Earl Pomeroy (D-N.D.) at its Pennsylvania Avenue offices.

Watt held a Dec. 9 fundraiser and soon after withdrew a proposal he had introduced to subject auto dealers to tougher regulations, according to congressional records. The fundraiser generated checks largely from finance groups, including Goldman Sachs and the Investment Company Institute. In an interview, Watt said he will answer the OCE's questions and declined to comment on the investigation.

The House ethics manual instructs members to steer away from accepting campaign donations if the timing creates an unacceptable appearance of a conflict of interest.

The other members under review are Republicans John Campbell of California, Frank D. Lucas of Oklahoma and Christopher Lee of New York and Democrat Joseph Crowley of New York.

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Continue reading at the Washington Post  >>

 

 

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Reader Comments (7)

The fact that it is 5 to 3 should tell you everything you need to know.

Please click so you can listen while you read…
And the Beat Goes On…
http://www.youtube.com/watch?v=umrp1tIBY8Q

Sestak Bribe
Blago Fiasco
Abramoff Bribe
Birth Certificate Forgery
Connecticut SS#
Poor Leadership for Gulf Oil Spill or Lack of Leadership
Setting Up BP Oil Candy Man Czar to Pass Out BP’s Money
Failed Bipartisan Health Care Law
Arizona Immigration Fiasco
Failure to Close Gitmo (Priority Number 1 in Priority Number 1 File Cabinet)
Failure to Deal with Iran
Failure to Deal with Israel
Failure to Deal with North Korea
Lost Godlike Status in Europe
Finding Nobel Peace Prize in the Bottom of a Cracker Jacks Box
Too Much Partying and Salahi Gate
Failure to Quit Smoking
Michelle Obama’s Biggest Loser Campaign
Too Many Executive Orders, Not Enough Executive Experience
Failure on Gays in the Military
Too Many Czars
Picking Up Tiger Wood’s Golf Itinerary While He is at Sex Camp

Daddy, Have We Bombed Iran Yet like that Nice Old Man with the Pretty Sidekick Suggested?
Jun 16, 2010 at 2:13 PM | Unregistered CommenterZarathustra
"Lost Godlike Status in Europe"

I like your list Zara, but scratch the item above OFF of it. The French never trusted us, the Russians HATE us to this day, the Dutch think we're fascists, the Italians only like our rock & roll and cinematic acheivements, the Germans ..well ...YOU take a wild guess at what they think about the nation that bombed most of their civilian cities into RUBBLE.

No my friend, NO 'godlike status' for America in europe within the last 20 years to report.
Jun 16, 2010 at 9:28 PM | Unregistered CommenterRecoverylessRecovery
I can't believe it, BOTH parties are involved (sarcasm)!!!! Square peg round hole, square peg round hole, square peg round hole...

http://www.youtube.com/watch?v=Q47bpOCTcaY

What would Gobie do.
Jun 18, 2010 at 9:04 AM | Unregistered CommenterS. Gompers
liked the list zara...and the sonny & cher song...i remember watching that show as a kid every sunday night...also enjoyed the animal house memory, gomp.;..
Jun 18, 2010 at 10:52 PM | Registered CommenterDailyBail
http://dailybail.com/videos/sonny-cher-flashback-the-beat-goes-on-watch.html

posted your clip here zara on the video page i've been working on...animal house is up next...
Jun 18, 2010 at 11:09 PM | Registered CommenterDailyBail
___________________________________REALITY CHECK:_________________________________

The U.S. Fed would like to be audited about as much as Adolf HItler wanted to be taken prisoner by the Russians. Given that the U.S. Fed (aka GOLDMAN SACHS) actually RUNS THIS COUNTRY thru the White House like a marionette show (and they don't even give a shit about making the strings invisible), the ODDS that they -or ANY top-level federal agency- will EVER be audited is currently NON EXISTENT..
Jun 21, 2010 at 11:26 PM | Unregistered CommenterRecoverylessRecovery

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