Thursday, October 21, 2010

News Alert: Top Corporations Helping U.S. Chamber of Commerce Influence Campaigns

Breaking News Alert
The New York Times
Thu, October 21, 2010 -- 5:53 PM ET
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Top Corporations Helping U.S. Chamber of Commerce Influence Campaigns

Prudential Financial sent in a $2 million donation last year
as the U.S. Chamber of Commerce launched a national
advertising campaign to weaken the historic rewrite of the
nation's financial regulations.

Dow Chemical delivered $1.7 million to the chamber last year
as the group took a leading role in aggressively fighting
proposed new rules to tighten security requirements on
chemical facilities.

And Goldman Sachs, Chevron Texaco, and Aegon, a multinational
insurance company based in the Netherlands, donated more than
$8 million in recent years to a chamber foundation seeking to
limit the ability of trial lawyers to sue businesses.

These large donations -- none of which were publicly
disclosed by the chamber -- offer a glimpse of the chamber's
money-raising efforts, which it has ramped up recently in an
orchestrated campaign to become one of the most well-financed
critics of the Obama administration and an influential player
in this fall's Congressional elections.

Read More:
http://www.nytimes.com/2010/10/22/us/politics/22chamber.html?emc=na

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