Tuesday, February 21, 2012

Republican AGs Collect Big Bank Dollars Prior to Signing Settlement

This is interesting. In December, 2011, the month before signing on to the mortgage fraud settlement, the entity charged with electing Republican Attorneys General called the Republican State Leadership Committee collected a bunch of large checks from big banks.

As this IRS disclosure form shows, on December 19, 2011, it received a $10,000 donation from Wells Fargo. On December 30, 2011, JP Morgan Chase PAC made a $15,000 donation to the committee.

But the biggest donation came from Citigroup, On December 9, 2011, the committee received one donation of $30,000 from Citigroup Management and another for $50,000. This brought Citi’s total giving for the year to $188,597.




Republican State Leadership Committee Disclosure Document for 2011

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