Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

SunsetDreams

(8,571 posts)
15. exactly Bain and Financial Industry Gave Over $565,000 To Newark Mayor Cory Booker For 2002 Campaign
Mon May 21, 2012, 10:33 PM
May 2012
A ThinkProgress examination of New Jersey campaign finance records for Booker’s first run for Mayor — back in 2002 — suggests a possible reason for his unease with attacks on Bain Capital and venture capital. They were among his earliest and most generous backers.

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. While the forms are not totally clear, it appears the campaign raised less than $800,000 total, making this a significant percentage.

He 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. It appears that for the initial campaign and runoff, the slate raised less than $4 million — again making this a sizable chunk.

In all — just in his first Mayoral run — Booker’s committees received more than $565,000 from the people he was defending. At least $36,000 of that came from folks at Romney’s old firm.


http://thinkprogress.org/election/2012/05/21/488002/bain-financial-industy-gave-over-565000-to-newark-mayor-cory-booker-for-2002-campaign/

Interesting eh?

Recommendations

0 members have recommended this reply (displayed in chronological order):

No, Hilary Rosen needs to elevated and carried around the room. Bench Booker - no, give him a leveymg May 2012 #1
You know, you can ride the path train all night back and forth between Hoboken and WTC... madinmaryland May 2012 #5
What I wish Hillary Rosen had said: tblue May 2012 #6
He didn't misspeak. Drunken Irishman May 2012 #2
Yup, Rosen misspoke, Booker did not Raine May 2012 #3
+1 qanda May 2012 #7
exactly Bain and Financial Industry Gave Over $565,000 To Newark Mayor Cory Booker For 2002 Campaign SunsetDreams May 2012 #15
And in his interview with Rachel rusty fender May 2012 #22
that whine of his has already gotten weaker. I watched him on CTyankee May 2012 #23
I find the bashing encouraging. senseandsensibility May 2012 #4
booker didn't misspeak. he was loud and clear. spanone May 2012 #8
Yes, nothing would be more demoralizing than a loss in Wisconsin. freshwest May 2012 #9
Although the Koch brother connection with both Booker and Walker is important. freshwest May 2012 #27
Kindly share why you would defend someone vanlassie May 2012 #10
Not defending the indefensible jaysunb May 2012 #11
You can't get work done when your party's rising stars are pissing all over your work. (nt) jeff47 May 2012 #12
I think it's an effective way to lurch the debate back on focus bigtree May 2012 #13
Sounds like something said by a Rothschild supporter. Major Hogwash May 2012 #14
Clue me in jaysunb May 2012 #21
I can GOTV and call booker an asshole at the same time! Logical May 2012 #16
A multitasker! AtomicKitten May 2012 #17
Thanks! n-t Logical May 2012 #18
I Luv Ya ! jaysunb May 2012 #20
Rosen didn't "misspeak" at all. She was right, but political cowards set her adrift. Stinky The Clown May 2012 #19
thank you for your concern datasuspect May 2012 #24
Let them go NNN0LHI May 2012 #25
and it seems like only yesterday B2G May 2012 #26
No, they can speak their minds, and be accountable. Puzzledtraveller May 2012 #28
Latest Discussions»General Discussion»It's time to stop the Cor...»Reply #15