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Sunday, October 5, 2008

Why We Have Bailouts

Top 10 Corporate PAC Contributors:

Goldman Sachs $739,521
UBS AG $419,550
Lehman Brothers $391,774
Citigroup Inc $492,548
Morgan Stanley $341,380
Latham & Watkins $328,879
Google Inc $487,355
JPMorgan Chase & Co $475,112
Sidley Austin LLP $370,916
Skadden, Arps et al $360,409

Merrill Lynch $349,170
Citigroup Inc $287,801
Morgan Stanley $249,377
Wachovia Corp $147,456
Goldman Sachs $220,045
Lehman Brothers $115,707
Bear Stearns $108,000
JPMorgan Chase & Co $206,392
Bank of America $133,975
Credit Suisse Group $175,503

(Data from Center for Responsive Politics )

side note: Corporations operating in American Samoa - $33 million in pork in bailout package
*Largest employer in Samoa is Starkist *Starkist's parent company is Del Monte
*PAUL PELOSI (Nancy's husband) has a 17 million share interest in Del Monte
*Del Monte is headquartered in San Francisco

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