Sunlight Foundation

Financial Bailout: Speaking of fundraisers...

By Bill Allison Sep 24 2008 4:18 p.m.

My colleague Nancy Watzman has identified more than 250 fundraisers held for members of the House Financial Services Committee, including some held by organizations involved in the nation's financial meltdown:

A financial services luncheon on September 16 for Rep. Dean Heller at the Capitol Hill Club. The cost for entry was $500 for individuals, $1,000 for PACs. Heller has collected $190,252 from the financial sector for his congressional elections out of a total of $1,242,583, or 15.3 percent

  • An invitation from the Real Estate Roundtable PAC on September 14 for Rep. Gregory Meeks to watch the New Orleans Saints play the Washington Redskins play at FedEx Field. The cost: $1,000. Meeks has taken $1,015,432 from the financial sector over his congressional career, 27.8 percent of his fundraising total of $3,657,984.

  • A beer tasting for Rep. Tom Feeney on July 30, hosted by a list of lobbyists. These included Maura Solomon, a lobbyist for Citigroup Management Corp. The cost was $250 for a host, $100 to attend, and $1,000 for a PAC. Feeney has taken $1,260,480 from the financial sector in his elections for Congress, 22.1 percent of his total of $5,705,257

  • A sushi reception for Rep. Kenny Marchant on July 29. The party was hosted by Greg Mesack and Doyle Barlett, whose firm, the Eris Group, represents a number of banks, as well as Freddie Mac, Morgan Stanley and the Mortgage Bankers Association. Attendees were asked to pay $2,000 for a host, $1,000 for a PAC, and $500 per individual. Marchant has taken $449,813 from the finance, insurance, and real estate industries for his congressional elections, 23.4 percent of his fundraising total of $1,921,414, or 23.4 percent

  • A summer happy hour for Rep. Michael Capuano on July 24. The party was hosted by REIT (National Association of Real Estate Investment Trusts) PAC and InsurPAC, the PAC for the Independent Insurance Agents of America. Lobbyist hosts included Langston Emerson, who lobbies for the National Association of Real Estate Investment Trusts; Tom Koonce, a lobbyist for the Independent Insurance Agents of America. The suggested contribution was $1,000. Capuano has collected $813,176 from the financial sector over the course of his congressional career, or 18.5 percent of his total fundraising of $4,402,712, or 18.5 percent.

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