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Tuesday, May 22, 2012

"Bain and Financial Industry Gave Over $565,000 To Newark Mayor Cory Booker For 2002 Campaign."

That's a headline over at ThinkProgress, and it's getting a lot of attention, but let's look at the detail:
Contributions to his 2002 campaign from venture capitalists, investors, and big Wall Street bankers brought him more than $115,000 for his 2002 campaign. Among those contributing to his campaign were John Connaughton ($2,000), Steve Pagliuca ($2,200), Jonathan Lavine ($1,000) — all of Bain Capital....
So 3 guys who work at Bain gave Booker a total of $5,200.
[Booker] and his slate also jointly raised funds for the “Booker Team for Newark” joint committee. They received more than $450,000 for the 2002 campaign from the sector — including a pair of $15,400 contributions from Bain Capital Managing Directors Joshua Bekenstein and Mark Nunnelly. 
So there's another $30,800, for a total of $36,000. Just doing the math. Does Think Progress think that contributions from the financial industry taint the opinions of the politicians? Because... what's the number for Obama?

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