Thursday, March 05, 2009

Fox 5 NY Reports 'Exclusive' Details of Madoff Money to Democrats, Months After We Did

Nothing like being three months late to the party with an exclusive report.
MYFOXNY.COM - EXCLUSIVE: Fox 5 News has uncovered the whopping amount of money that disgraced financier Bernie Madoff, his sons, brother and wife donated to members of Congress. Madoff is facing accusations of masterminding the largest investment fraud in history and could go to prison for life if tried and convicted.

There is no evidence of any wrongdoing or quid pro quo, but the revelation of the donations raises questions about what influence in Congress may or may not buy. At least one former SEC accountant says that members of Congress have in the past pressured the commission to be a "kinder, gentler cop" with its inspections of Wall Street broker-dealers.

Nobody received more campaign contributions from the Madoff's than New York's senior senator, Charles Schumer. He tops the Madoff donor list at $29,300. His office Told Fox 5 it recently donated $8,000 of that to police and fire endowments.
While it's nice that some media outlets are finally getting around to reporting this story, it's hardly an exclusive.

We first noted Madoff's Democrat connections on December 13, again on December 14, December 15, December 23, January 15, January 23, February 12, and March 3.

But on March 4, Fox 5 NY has an exclusive report.

Shameless.

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