By David Willman, Los Angeles Times

November 13, 2011
Reporting from Washington—
Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work.

Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire Ronald O. Perelman, one of the world's richest men and a longtime Democratic Party donor.

The BSDNC hasn't bothered to report this Obama bundler yet. The POTUS is racking up an impressive record of Cronie Capitalism now with his buddy Perlman along with Corzine, Sloyndra and Beacon Power.

Corzine, former chairman of Goldman Sachs, was one of Obama's main conduits to Wall Street, a donor base that has been a challenge for the president to hold in line. Corzine has been a major bundler, already reaching the $500,000-plus level as reported by the Obama campaign. He has also been active in arranging meetings between disgruntled donors and the president, including a secret meeting earlier this summer with leaders from a number of Wall Street firms.

http://www.iwatchnews.org/2011/10/31/7225/obama-bundler-jon-corzines-financial-firm-hits-skids-bankruptcy

I like the fact the fact that the BSDNC gingerly reports about Corzine but never can show the cajones to mention that he is listed by Obama as a top ten Bundler. I guess the Progressives just can't handle the truth.

remember which president wiped out all the regulations governing these banks and investment firms? Rermember which president has tried to reinstall those regulations and which party has stopped him? Obama's not perfect and I don't like the people he's hired but given the choice between him or Bush or any of the republican contenders, all of whom have some mental disorder (I've worked with m entally disabled individuals for many years. I can spot one a mile away). At least Obama isn't a loony. We need a Federal Bank. Instead of going through these private firms, the US needs to have their own not for profit bank. Our tax money should go there and our refunds come out of there. SS checks should be distributed and food stamp money (currently it goes through Chase who makes a profit from people's hunger). Now the big banks would fight this and every republican would try and prevent it from happening because they're on the side of the big banks. Bet this CEO made $15 million and I bet his salary hasn't gone down one iota even though the Co is bankrupt.

Of course you are aware that Obama and the Democrats cut Food Stamps for the poor last year in order to pay for raises to his biggest campaign contributors the Teacher's Unions.

Though many in the education community are celebrating last week's Senate vote for the so-called Edujobs bill, I can't find any joy in it. In fact, I am shaken and ashamed because, to pay for it, the Senate snatched $11.9 billion from the Supplemental Nutrition Assistance Program.

That's right: They cut food stamps. For the first time ever, this move would gouge the monthly benefits that low-income families receive.

http://www.huffingtonpost.com/kati-haycock/cutting-food-stamps-to-sa_b_674770.html

Jamie Dimon and Chase were also one of the POTUS's biggest campaign contributors from Wall Street. So much so that Obama put the Head Lobbyist for Chase in the White House as his Chief of Staff. Gee I wonder how Chase got the food stamps account!

Is anyone looking into the DEMS war chest . Bet they will find a whole lot of money given to them by Mr. annomus doner . The rest is most likely off shore somewhere.

bob1/28

Is anyone looking into the DEMS war chest . Bet they will find a whole lot of money given to them by Mr. annomus doner . The rest is most likely off shore somewhere.

Spelling fever---catch it!

Wasen't Corozine orginally from Chicago. That would be his best defense that he was born and raised in Chicago and his mom and Dad taught him how to accumulete money. All the Liberals want to blame Goldman Sachs but this guy was a Liberal from New jersey who was bankrupting the state and collecting money for Barracks Campaign. This is starting to smell like 3 day old fish

Wasen't Corozine orginally from Chicago. That would be his best defense that he was born and raised in Chicago and his mom and Dad taught him how to accumulete money. All the Liberals want to blame Goldman Sachs but this guy was a Liberal from New jersey who was bankrupting the state and collecting money for Barracks Campaign. This is starting to smell like 3 day old fish

Carl Hubert

Wasen't Corozine orginally from Chicago. That would be his best defense that he was born and raised in Chicago and his mom and Dad taught him how to accumlete money. All the Liberals want to blame Goldman Sachs but this guy was a Liberal from New jersey who was bankrupting the state and collecting money for Barracks Campaign. This is starting to smell like 3 day old fish

It's "wasn't", "accumulate", "Corzine" and "Barack"---spell check, all bold, nor double posting can save you. You folks worry about Latinos not speaking English when you can't type it.

No Bail Outs - vote honest Americans and not petty millionaires into congress

Have Goldman Sachs pay as the others pay and demand the sweetheart deal fashioned by former partners and the former CEO of Goldman Sachs Hank Paulson the Treasury head and others, he was the main architect of TARP One. Have Goldman Sachs pay us back the deal was a scam and a profit windfall for GS at the tax-payer expense an inside job.

Indictments even one as over 1,000 indictments were issued due to a financial scandal 1/70 that is one seventieth the size of the Saving and Loan Housing scandal and on one top CEO or giant Hedge fund trader and lax regulators and grossly risk and soundness of investments rendered under Moody's, Standard and Poor and other top risk assessment firms.

Not one top level indictment but the allowance of record bonus money paid out over the last two years.

Goldman Sachs should me forced to strike among many agreement with the Treasury one that sets a time table for Goldman Sachs to pay at 20 cents on the dollar as others firms the sweetheart must be looked into and justice for the American people set in motion. When this company was set to pay its CEO 100,000,000 that is one hundred million in bonus money without offering to pay even a cent to the taxpayer that bailed them out wholesale confidence of the integrity of our financial sysytem and Washington (the peoples government) is questioned and the entire banking sysyem is suspect when the massive amount of wealth accumulated by the managers of these hollow entities is allowed without even a discussion of paying back the tax-payer. Make GS pay back 80% of the estimated $125,000,000,000 one hundred twenty five Billion back to you if not every penny they can now afford to make a financial plan to do so. The documentary that explains how they did it - "Inside Job"

http://www.imdb.com/title/tt1645089/

This documentary lays out in common terms how collusion of Wall Street, Our Government and the banking system worked the system to all their benefit and how they catched the strategy to put all the pieces in place from paid stooges as senator elect representing Wall Street and favorite child now Senator Scott Brown of Massachusetts, how academia was bought and phony biased think tanks as "the Heritage Foundation" , "The Cato" institute "The Free Enterprise Institute", "Freedom Works" and "Americans for Prosperity" all collude even district Fed managers to create the bubble and immensely personally profit from the collapse and create the illusion of sound academic and learned study of their gran royal scam.

They are but a hand few crooks pandering to those that as they feed their dogs feed these persons of trust and with a direct or legal or constructive duty to act in the best interest of The American People - this fiduciary duty was never followed and observed more in violation than in adherence.

Why should not the tax-payer be paid back from at least the crooked deal with Goldman Sachs a clear conflict of interest as presented in this documentary of the facts not fiction miss-information the deliberate lies and slurs to cover this up this and other acts that the tax payer has been and citizens accountable for the growth of these investment banks that borrowed at near zero interest rates from the tax payer through the tax-payers representative i.e., the central bank (the FED) and instead of building America and creating jobs bought out smaller banks and made of themselves TBTF a deliberate plan to create a down side so unbearable that the government will have to now "bail out" if we see another financial collapse as we are on the brink again from our lack to act as a country (The Tea-Baggers and The Party of NOooo along with the Democrats In Name Only) and compromise to deal with our deficit. Now from the shadows a possibly unstable France along with the possibility that Greece will walk away from the debt of $800,000,000,000 that is eight hundred Billion.

Put the ones that brought us to this back in office or vote those in that are not paid off and bought bagmen as Mitch McConnell of Kentucky the Wall Street Darling that calls the shots for Wall Street and the new Wall Stret poster boy Senator Scott Brown - the choice is yours.

"Of the 20 companies that accounted for the most campaign donations to Mr. Brown, about half were prominent investment or securities firms like Morgan Stanley, Fidelity Investments and Bain Capital. His donors include such blue-chip names as Gary Cohn, the president of Goldman Sachs, and the hedge fund kings John Paulson and Kenneth Griffin.

Mr. Brown, in turn, has been an important ally at critical moments, using his swing vote in the Senate to wring significant concessions out of Democrats on last year's financial regulation bill, including helping strip out a proposed $19 billion bank tax and weakening a proposal to stop commercial banks from holding large interests in hedge funds and private equity funds."

http://www.nytimes.com/2011/11/19/us/politics/wall-street-rallies-around-scott-brown-for-senate-race.html?_r=1&pagewanted=all

Good Luck You Will Need It and More............

Corzine is a well known Democrat bundler. He has raised mountains of money for Barak Obama, and a Barak Obama speech on YouTube from NJ July 16, 2009 shows Barak singing Corzine's praises. These crooks all need to be prosecuted. Chicago goons every one of them. History will not be kind to Barak Obama, from his complete lack of leadership to the litany of crooks he has surrounded himself with.

Let me see if I have this right. A Campaign Fundraiser for Obama quits his job and they find 1.2 Billion missing from the Company Funds and Obama is said to be raising over a Billion for his campaign so it is obvious that Goldmand-Sachs is at fault. It sounds like a classic Liberal Left Wing finger pointing case to put the blame on someone else.

Sounds like the Liberal way to do things. Finger pointing

Let me see if I have this right. A Campaign Fundraiser for Obama quits his job and they find 1.2 Billion missing from the Company Funds and Obama is said to be raising over a Billion for his campaign so it is obvious that Goldmand-Sachs is at fault. It sounds like a classic Liberal Left Wing finger pointing case to put the blame on someone else.

Sounds like the Liberal way to do things. Finger pointing

Prediction: The judicial system will go soft on Corzine, one of Obama's cronies.

This bank had sold CDS's on greek debt without having to be regulated (Obamas Fault) He took the bribes to let bankers continue to be anything they want , like unregulated insurers. Shell ones with no funds to pay. Leave it for to big to fail bailouts and put it on our backs...Why isn't everyone pissed? No matter dem or repub that was our money... There are confirmed reports now from other business interest's including Jerry Cerento that this little monster machine (some call corps people, I call them machines) had leveraged itself over 100 times so this is going to be Billions. No big deal, just your future debt to pay on. I sure wish I could guarantee something.. anything.. and get everyone to give me fees I could pocket and when things go south and need paid I say so long shell company... Put it on the tax payers back... Obama is a treasonous.. so is Bush... So is Clinton who started the whole deregulation process... So is Bush senior who began writing these plans... So lets see.. Repub, Dem, Repub, Dem,... Does anyone care to pay attention?.... WE NEED CHANGE.. O yeah.. Obama stole that campaign slogan from RON PAUL last election... I hope everyone wakes up and joins the RON PAUL REVOLUTION for 2012

Carl Hubert

Let me see if I have this right. A Campaign Fundraiser for Obama quits his job and they find 1.2 Billion missing from the Company Funds and Obama is said to be raising over a Billion for his campaign so it is obvious that Goldmand-Sachs is at fault. It sounds like a classic Liberal Left Wing finger pointing case to put the blame on someone else.

Sounds like the Liberal way to do things. Finger pointing

I read your post. Seems to me that you're doing a helluva lot of finger pointing with it's contents. That post of the usual ramblings that formerly took place at a gas station, a greasy spoon restaurant, or a cheap bar. Now, the Internet. The Internet--it's a good thing--a place to share ideas and try to learn from each other.

When a person just blast away with the same rhetoric, day after day, your voice isn't heard by anyone other than the other "ditto heads." Try to understand what others are saying and, on occasion, find neutral ground. If you're out to prove that Conservatives and Liberals are born of different types of vaginas--you're wrong. Each of are products of our life's experiences that form our political beliefs. Me? I'd be closer to voting for Bernie Sanders of VT if he would run.

Last thing--and you can go back to the Old Milwaukee and I'll go back to my weed. Stop it with that bold stuff. It's offensive and it reminds of my granddaughter, Ansley. She makes the most noise to get the most attention.

@sandtrich - ditto

I too made statements of the influence of money and provided links this Hubert needs to put the crack away and stick with the Old Milwaukee his out of his mind statements ring hollow so hollow....

They need a bullet in the back of their heads.

Thanatos is right. The Chinese know how to deal with greedy buggers like these. A swift trial, a short appeal procedure and a sentence carried out. I'm all for it

Make sure your grandma is first in line.

I am not in favor of killing anyone. I just want him voted out of office with a Landslide

Its called big business.

that is supposed to be in safe investments

LOL....Apparently you aren't aware that MF Global was a commodities broker meaning their customers, many who were traders on the floors of the Chicago Mercantile Exchange and the New York Board of Trade, traded commodities.

What?,

The bone of contention here is that MF Global used client money as their own. They apparently tried to shore up their cash position by using these accounts to cover their European bond losses. Too little, too late and too illegal. And now FINRA will be looking at a big loss.

You call yourself a progressive...a democrat!

Actually FINRA doesn't insure anything. They are merely a non-governmental regulator. You must be thinking of the Securities Investor Protection Corporation akaSIPC. Unfortunately for MF Global clients they don't cover Investments in commodity futures. While they may get some money early most of their money will be tied up in Bankruptcy court for a long time and more than likely they will never receive 100%

Goldman Sachs is On the Job Training for the U.S. Treasury Dept.; the biggest thief of all.

Ya, the "free market" means free for the taking, your money that is!

sell a bag of marijuana you go to jail ...... steal millions .... oh well ..... whats wrong with this picture ?

nice handle, Chesty Puller was one of the greatest Marines ever. ooorah

I'm not even close to the to the guys your talking about, but I sure do love my money. I wish I could keep more of it. I think the government is lusting after my money.