Sen. Blanche Lincoln cancels Goldman fundraiser as firm turns toxic
source: http://www.politico.com/news/stories/0410/36168.html
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- HowdyDo
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Sen. Blanche Lincoln, under fire for keeping a $4,500 contribution from Goldman Sachs’s political action committee, has canceled a fundraising lunch with Goldman executives that was scheduled for Monday and would have netted many times that amount for the Arkansas senator’s reelection campaign.
The cancelled fundraiser, which was to have been held at Goldman’s Lower Manhattan headquarters, is emblematic of the investment bank’s swift fall from well-connected fundraising powerhouse to political pariah – a fate sealed Friday when the Securities and Exchange Commission charged the firm with defrauding investors.
“In light of the S.E.C. lawsuit against Goldman Sachs, Sen. Lincoln will schedule no future campaign-related events with the firm and will accept no further contributions from the firm's political action committee or its employees,” Lincoln’s campaign spokeswoman Katie Laning Niebaum said in a statement to POLITICO.
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The cancelled fundraiser, which was to have been held at Goldman’s Lower Manhattan headquarters, is emblematic of the investment bank’s swift fall from well-connected fundraising powerhouse to political pariah – a fate sealed Friday when the Securities and Exchange Commission charged the firm with defrauding investors.
“In light of the S.E.C. lawsuit against Goldman Sachs, Sen. Lincoln will schedule no future campaign-related events with the firm and will accept no further contributions from the firm's political action committee or its employees,” Lincoln’s campaign spokeswoman Katie Laning Niebaum said in a statement to POLITICO.
READ MORE AT LINK
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- groups:
- Community, US Politics, US Congress Watch, Wall Street
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- tags:
- Toxic, Goldman Sachs, Fundraiser, Goldman, 1 more
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HowdyDo
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YEE-HAW!!! TAKE THAT, GOLDMAN!!
- 2 years ago
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HowdyDo
