Obama's Bundlers
futureofcapitalism.com

Politico's Ben Smith and Byron Tau take a look at some of President Obama's "bundlers," those who raise a lot of campaign cash for him. A lot of them are in industries that are either highly regulated or subsidized:

Steve Westly, a major investor in the electric car company Tesla, bundled up to $200,000 for the president this cycle — while his company received a $465 million loan from the Department of Energy.

Three smaller loans and grants went to three other companies that Westly is involved in. Obama has since appointed him to a special energy panel. Westly bundled up to $500,000 in 2008 as well and hosted the president at his house during a 2010 Democratic fundraiser.

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Obama's Bundlers
futureofcapitalism.com

Politico's Ben Smith and Byron Tau take a look at some of President Obama's "bundlers," those who raise a lot of campaign cash for him. A lot of them are in industries that are either highly regulated or subsidized:

Steve Westly, a major investor in the electric car company Tesla, bundled up to $200,000 for the president this cycle — while his company received a $465 million loan from the Department of Energy.

Three smaller loans and grants went to three other companies that Westly is involved in. Obama has since appointed him to a special energy panel. Westly bundled up to $500,000 in 2008 as well and hosted the president at his house during a 2010 Democratic fundraiser.

Read More...