Enron Overtaken as Bush's Top Financial Supporter

[radfringe]

Enron Overtaken as Bush's Top Financial Supporter
http://www.nytimes.com/pages/politics/trail/index.html
By GLEN JUSTICE

Enron is dropping in the rankings, if not from the rhetoric, in this year's presidential race.

The bankrupt energy trader has lost its standing as the top campaign contributor in President Bush's political career, a position it held for years, as company executives gave Mr. Bush $602,625 throughout his tenure as Texas governor and his days in the White House, according to the Center for Public Integrity.

Enron fell to second place in January behind the MBNA, a leading issuer of credit cards. MBNA took the top spot, with its employees giving more than $603,000 to Mr. Bush.

Campaign finance experts say the change symbolizes a continuing shift in the president's financial support, moving away from his usual backers like oil and gas companies and toward financial-services companies that have become increasingly supportive.

---snip---

Among those companies that made Mr. Bush's list in January are Merrill Lynch at about $586,000, PricewaterhouseCoopers at $576,000; UBS AG Inc. at $488,500, Credit Suisse at $485,000, Ernst & Young at $426,000 and Goldman Sachs. The totals count money contributed by company employees and political action committees.

In several cases, company leaders also raised money for Mr. Bush. Several chief executives - Henry M. Paulson of Goldman Sachs, John J. Mack of Credit Suisse First Boston and Stanley O'Neal of Merrill Lynch - were among Mr. Bush's elite six-figure fund-raisers.

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just charge it?

[pinniped]

1. MBNA just saying thanks for supporting the bankrupty reform bill.

n/t

[Robb]

6. Bingo. nt

[Barad Simith]

2. "Campaign finance experts say the change symbolizes a continuing shift...

...in the president's financial support"

LOL!

Yes, when the corporation goes bankrupt due to fraud and mismanagement, all their employees are laid off, and their corporate officers start going to prison! WTF kind of dumbass analysis is that?

[underpants]

11. How long did it take MBNA to overtake a bankrupt company?

That is pretty sad.

[dusty64]

3. Ick! A perfect reason to

NOT do business with mbna. I cancelled my account after I heard of their attempt to ram that bankruptcy bill through. Evil POS company.

[Media_Lies_Daily]

4. MBNA = financial NeoCon Brownshirts.

[NC_Nurse]

5. I'll be cancelling my MBNA card

immediately!
I had no idea!!!x(

[Drifter]

7. Me too ...

I have one that I don't use any more. I haven't used it in about 5 years. I still get the occasional call from them that always starts "We would like to thank you for your past business". I will only get one more of those calls, cause I'm going to get them to cancel my account.

Cheers
Drifter

[kysrsoze]

9. Dammit! Of course I have an MBNA card. Well, that's OK 'cause

I'm just about to pay it off (due to home refinancing). I'll cancel it after this month and tell them why.

[Stephanie]

8. My WORKING ASSETS card is MBNA!

What's up with that?

Are there any GOOD credit cards? I will happily switch.

[Magleetis]

10. I think this company

was on the last Frontline program. They provide tax shelters for the very rich. It all makes perfect sense. I really used to like this country.

[FloridaPat]

12. MBNA is also on the list of companies outsourcing jobs.

Capital One is NOT on the list. They have reasonable rates - 9.5%. No I don't have any financial interet in Capital One. Just unemployed computer programmer getting more ticked off by the day. And now having a fight with MBNA!

[Ruby Romaine]

13. thanks fot the tip

maybe i'll get a capitol 1 card

[moondust]

14. Capital One does outsource.

I called their Customer Service once about an account and immediately detected an accent. I asked the rep where he was located and he reluctantly said India. I started asking some questions about his job and he quickly connected me to somebody in Tampa.

Lou Dobbs' list of outsourcing companies includes Capital One:

Lou's List