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With Cantor Down, Which Other Politicians Has Goldman Invested In?

Tyler Durden's picture




 

As we showed yesterday, with the shocking departure of Eric Cantor from the political scene, perhaps no firm is more disappointed that it will not generate the hoped 77,500%+ IRR on its "investment" in the Republican politician than Goldman Sachs. Indeed, of all 435 representatives in the House, Cantor was the one person that Goldman had contributed the most cash to in 2014 (surpassed only by 5 other Congressmen, all Senators). But before you panic just how will Goldman survive with its best-funded "representative" on his way out, here is a list of all the other representatives and senators that Goldman has invested its hard-stolen earned cash in just the 2014 year alone.

From Opensecrets

 

 

And that is just page 1 of 3.

And a longer-term breakdown:

* * *

So don't worry: even without Eric Cantor, Goldman will be ok.

 

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Wed, 06/11/2014 - 15:52 | 4845891 Oldwood
Oldwood's picture

I thought Goldman never had a down day?We shall see.

It looks like they have the board covered pretty well. Hedges on every bet?

But not much Tea Partying going on.

Wed, 06/11/2014 - 15:58 | 4845913 yrad
yrad's picture

Hey Goldman! I’m precinct 39 chairman of the Republican Party here in Texas (tho I was a Ron Paul supporter). I can be bought for $200 a month!

 

On a side note, how in the hell do you give Shelia Jackson Lee $3k? Your "investment" is being spent on crack cocain.

Wed, 06/11/2014 - 15:58 | 4845923 Greenskeeper_Carl
Greenskeeper_Carl's picture

Didn't see rands name on the list. Pretty funny that ole Ted Cruz couldn't get his wife's office to pony up more than 1000 though. Paul Ryan is on there too. These people are so full of shit it's not even funny any more.

Wed, 06/11/2014 - 16:12 | 4845971 optimator
optimator's picture

Cruz's wife could be on the really fast track if hubby performs and delivers.  No cash needed.

Wed, 06/11/2014 - 16:29 | 4846023 TeamDepends
TeamDepends's picture

Speaking of cash, word is Diebold is seeking a new maintenance technician for the eastern seaboard region.

Wed, 06/11/2014 - 16:34 | 4846033 BLOTTO
BLOTTO's picture

Last Tuesday, June 3, 2014, pro-amnesty RINO Congressman and House majority leader Eric Cantor was defeated in the Republican Primary election by an unknown, David Brat, despite having outspent Brat by a whopping 4,333% of $5.2m to Brat’s $120,000.

.

More info for consideration

http://fellowshipoftheminds.com/2014/06/11/david-defeats-goliath-in-virg...

Wed, 06/11/2014 - 16:37 | 4846050 Harbanger
Harbanger's picture

I'm enojying watching the Libs cry over Cantors loss on the MSM.  You would think a Democrat lost.

Wed, 06/11/2014 - 16:47 | 4846081 Citxmech
Citxmech's picture

That should tell anyone who self-identifies as a Democrat something, eh?

Wed, 06/11/2014 - 17:11 | 4846193 Burticus
Burticus's picture

Elephant costume, jackass costume, same puppeteers.  Nothing changes in a one-party system.

Wed, 06/11/2014 - 16:15 | 4845977 Citxmech
Citxmech's picture

Ryan better watch out.  His number could be up on his next cycle.

Wed, 06/11/2014 - 16:03 | 4845928 Beam Me Up Scotty
Beam Me Up Scotty's picture

Can't he just pull a Murkowski and run as an independent? Not sure why everyone is counting him out at this point. I guess she won on write in votes. So he could still end up retaining his seat. Maybe without the R behind his name. Goldman would be no worse off.

Wed, 06/11/2014 - 16:15 | 4845980 icanhasbailout
icanhasbailout's picture

No, Virginia has 'sore loser' laws which prohibit it.

Wed, 06/11/2014 - 18:47 | 4846035 r00t61
r00t61's picture

Virginia has a "sore loser" law that prevents a loser in a primary election from then running as an independent in the general election.

https://leg1.state.va.us/cgi-bin/legp504.exe?000+cod+24.2-520

Ironically enough, sore-loser laws were originally instituted to further entrench the 2-party system, i.e., by preventing a non-establishment candidate who for marketing reasons might have chosen to put an "R" or a "D" behind his name in a primary, try again in the general election as an "I."

That it is now being used to prevent an ossified, inbred Demopublican parasite like Cantor from running again is a small slice of justice in an otherwise corrupt and disgusting universe.

PS: The possibility of Cantor running again as a write-in candidate in the general election is a legal grey area; and would probably be subject to great scrutiny should he attempt this strategy.  Then again, being a politician, means by definition that he is a lawbreaker, so who knows what he'll get away with to prevent having power wrested away from him.

Wed, 06/11/2014 - 16:00 | 4845932 wee-weed up
wee-weed up's picture

Jon Corzine is the Top Contributor?

Gee... I wonder where Corzine got all that money to contribute?

Wed, 06/11/2014 - 16:05 | 4845943 Greenskeeper_Carl
Greenskeeper_Carl's picture

Ha no shit. The mystery of where all that money 'disappeared' to has finally been solved. I would have guessed Cayman Islands, but this makes sense too.

Wed, 06/11/2014 - 16:14 | 4845972 wee-weed up
wee-weed up's picture

Yep, Corzine didn't hide that stolen money...

He "invested" it... in buying a top congresscritter!

Wed, 06/11/2014 - 16:47 | 4846084 sessinpo
sessinpo's picture

wee-weed up         Jon Corzine is the Top Contributor?  Gee... I wonder where Corzine got all that money to contribute?

---

Corzine stole and lost client money, not his own money. Thus he has all the money inthe world. The prick should be in jail for life.

Wed, 06/11/2014 - 16:58 | 4846130 wee-weed up
wee-weed up's picture

Gee thanks, sessinpo, I had no clue until you told me!  ;-)

Wed, 06/11/2014 - 17:02 | 4846155 sessinpo
sessinpo's picture

wee-weed up   Gee thanks, sessinpo, I had no clue until you told me!  ;-)

---

Apparently not, otherwise you wouldn't have posted such a message, sarcastic or not.

Thu, 06/12/2014 - 00:19 | 4847461 TheReplacement
TheReplacement's picture

What are you talking about?  That's a type.  Jon Corzine is in prison.  Eric Holder put him there on Obama's orders.  The whole House and Senate held a joint moment of silence in honor of those Corzine victimized.  A celebration of the conviction and sentence was held immediately following. 

Free Jon Corzine!

Wed, 06/11/2014 - 16:02 | 4845937 0b1knob
0b1knob's picture

Didn't Choomboy get about $1 million from GS?   That dwarfs congressional donations.

Choomboy isn't known as president Goldman Sacs for nothing.

Wed, 06/11/2014 - 16:10 | 4845963 Rainman
Rainman's picture

To find out who your local Congresscitter really works for....

                                  http://www.opensecrets.org/politicians/

Wed, 06/11/2014 - 16:35 | 4846040 putaipan
putaipan's picture

did anyone see blankenberg on charlie rose last night? omg-scary.

Thu, 06/12/2014 - 00:20 | 4847463 TheReplacement
TheReplacement's picture

I've never heard him called that before.  President Sucks Goldman, yeah, but not the thing you said.

Wed, 06/11/2014 - 15:51 | 4845896 NOTaREALmerican
NOTaREALmerican's picture

Jeeezzzz,  you make it sound like our politicians are for sale or somethin' .  

Wed, 06/11/2014 - 15:52 | 4845904 Winston Churchill
Winston Churchill's picture

Rent, like any whore.

Thu, 06/12/2014 - 00:22 | 4847470 TheReplacement
TheReplacement's picture

Not really.  Imagine what might happen to you if you tried to rent them.  No they are for rent but only to the real PTB, like a mistress, to be discarded when something better comes along.  Bosses don't let their mistresses fool around with other guys.  That just gets people killed.

Wed, 06/11/2014 - 15:59 | 4845926 McMolotov
McMolotov's picture

These assholes just made my hit list, I mean shit list.

Wed, 06/11/2014 - 15:51 | 4845901 RacerX
RacerX's picture

something tells me they're still going to get their money's worth out of Cantor.

Wed, 06/11/2014 - 15:51 | 4845902 Greenskeeper_Carl
Greenskeeper_Carl's picture

It just blows my mind that these people are that cheap. Not surprised that it happens, not in the least. But it is surprising that all it takes to sway these whores is a few thousand dollars apiece. From a bank that takes in billions, lots of which is made illegally, and all they have to do is pay a small % in fines, not admit wrong doing. And the price of getting away with it is handing these congress critters a few thousand. We get the govt we deserve, I suppose.

Wed, 06/11/2014 - 15:56 | 4845916 Oldwood
Oldwood's picture

Given the tendency for most of these guy's wealth to grow considerably while in service, I would assume most of their "support" comes from lesser visible areas (business interests like land development in Nevada). These numbers are token amounts, to keep our focus not on what the left hand is doing.

Wed, 06/11/2014 - 16:10 | 4845958 Ferrari
Ferrari's picture

Agreed. Sort of like TARP vs. the Fed's back door largesse which was the real deal, yet got so little press. What we see is the best case scenario. The real crimes go on behind the curtain.

Wed, 06/11/2014 - 16:27 | 4846009 atthelake
atthelake's picture

I think we should find a way to take back that ill-gotten wealth.

Thu, 06/12/2014 - 00:24 | 4847474 TheReplacement
TheReplacement's picture

Execute all the treasonous criminal snakes.  After a year the state of Georgia could simply confiscate it as abandoned.

Wed, 06/11/2014 - 16:26 | 4846010 atthelake
atthelake's picture

I think we should find a way to, legally, take back that ill-gotten wealth.

Wed, 06/11/2014 - 15:57 | 4845919 Dr. Engali
Dr. Engali's picture

It's not just what they invest in their campaigns, it's also the returns the politicos get in their 'blind trusts'.

Wed, 06/11/2014 - 16:03 | 4845940 Greenskeeper_Carl
Greenskeeper_Carl's picture

Oh I understand that too. It's just so shameless, how they grease the palms of almost everyone. No matter who is in charge, or what party is running this committee on any given year, the people running the show all have goldmans dirty money in their pockets. And countless others too. I'd like to see the list for JPM, or Lockheed. I bet it looks just like this one, except its got mcstain at the top of all the defense contractors lists.

Wed, 06/11/2014 - 15:52 | 4845906 NoWayJose
NoWayJose's picture

And this is what the US Supreme Court considers 'free speech'....

Wed, 06/11/2014 - 16:10 | 4845957 Duffy Duck
Duffy Duck's picture

Really?  Where'd you read that?

Wed, 06/11/2014 - 16:55 | 4846112 sessinpo
sessinpo's picture

Duffy Duck    Really?  Where'd you read that?

---

Corporate Personhood.

Citizens United v. Federal Election Commission in 2010, 558  U.S. (2010), (Docket No. 0805). The US Supreme Court held that the 1st Amendment prohibits the government from restricting political independent expenditures by corporations, associations, or labor unions.

Where have you been?

 

Wed, 06/11/2014 - 16:11 | 4845968 franciscopendergrass
franciscopendergrass's picture

Money is influence.  I can prove it.  Go to a strip club and see what the strippers are willing to do when you put enough money in front of them.  Does that mean our politicians are whores?

Thu, 06/12/2014 - 00:26 | 4847482 TheReplacement
TheReplacement's picture

Worse than that.  At least with whores anyone with a bit of dough can get a piece.  These guys above are not whores but wholly bought and paid for.  You might have money but they aren't going to go your way unless you are a member of the club.  You are not a member of the club.  They will still take your money though.

Wed, 06/11/2014 - 15:52 | 4845907 stant
stant's picture

The panic on with the tv news clowns is sweet to watch. Dc is already like war time Berlin. I bet dyna corp will get more than the 1 bill $ contract now to beef up security for civil unrest . Hope they are all living in fear. After the crap they have put us through

Wed, 06/11/2014 - 15:54 | 4845911 astroloungers
astroloungers's picture

it would have been faster just to list the critters that got no GS chum. they all should go.....critters should be drafted for a 1 year term.

Wed, 06/11/2014 - 15:55 | 4845915 Dr. Engali
Dr. Engali's picture

Which other politicians has the squid invested in?...... One is too many.

Wed, 06/11/2014 - 15:58 | 4845921 Oldwood
Oldwood's picture

With the lucrative nature of "serving the people" they should at least be paying us, instead of the taxpayer endowing them. Just sayin, corruption should benefit us all.

Wed, 06/11/2014 - 15:59 | 4845924 Bemused Observer
Bemused Observer's picture

How much can one 'hedge' before one's winnings are depleted by covering all the other possibilities?

Wed, 06/11/2014 - 16:15 | 4845929 kchrisc
kchrisc's picture

The organ grinder Goldman will own this monkey just as much as the last one.

"Dance you fucking monkey, dance!"

Wed, 06/11/2014 - 20:58 | 4846916 icanhasbailout
icanhasbailout's picture

I'll take the other side of that bet.

Wed, 06/11/2014 - 15:59 | 4845931 g speed
g speed's picture

the new vetting list along with immigration reform and common core----

Wed, 06/11/2014 - 16:03 | 4845942 Eyeroller
Eyeroller's picture

Here's hoping that Joe Carr unseats Lamar Alexander, who has ignored the voters in Tennessee the same way Cantor ignored his constituents.

Wed, 06/11/2014 - 16:07 | 4845949 are we there yet
are we there yet's picture

No Libertarians or independants on that list.

The less expensive politicians got $3000 donations. Shameful, Upscale D.C. hookers get paid more per consultation. Those poor politicians, how do they make ends meet.

Wed, 06/11/2014 - 16:19 | 4845990 Hmmmmm
Hmmmmm's picture

I think they start by playing footsie in the men's room.

Wed, 06/11/2014 - 16:30 | 4846025 Da Yooper
Da Yooper's picture

They dont

 

just ask Hillary Clintoon

she says she's broke

just dont ask about the 8 million book deal or the millions in speaking fee's or this million or that million

 

other wise she is broke

 

now would she lie ????

Wed, 06/11/2014 - 16:09 | 4845954 franciscopendergrass
franciscopendergrass's picture

I found out today that Cantor was part of the Tribe.  How funny, the Tribe is trying help the Tribe get more votes in Congress.

Wed, 06/11/2014 - 16:12 | 4845969 Duffy Duck
Duffy Duck's picture

and 98% of blacks voted for Obama...

and Goldman was one of his largest contributors, too.

Wed, 06/11/2014 - 16:36 | 4846045 franciscopendergrass
franciscopendergrass's picture

I see a few Tribesmen on that list.

Wed, 06/11/2014 - 16:10 | 4845956 q99x2
q99x2's picture

How about crowd funding politicians that oppose the banks, the Federal Reserve, corporations with rights as individuals, defund the NSA, DHS and will impeach Obama, for 2016

Wed, 06/11/2014 - 16:29 | 4846020 NOTaREALmerican
NOTaREALmerican's picture

Politics is sports for geeks.  Normal people don't care,  really.  

Somebody famous once said:  If voting mattered it would be illegal. 

Wed, 06/11/2014 - 16:51 | 4846097 Greenskeeper_Carl
Greenskeeper_Carl's picture

That would be mark twain. A very quotable guy, at least for the types that frequent ZH.

Wed, 06/11/2014 - 16:12 | 4845970 WTFUD
WTFUD's picture

' It don't mean your weak if you bend and spread your cheeks '

Wed, 06/11/2014 - 16:14 | 4845979 RealityCheque
RealityCheque's picture

Hooray for kleptocracy. Hell i'd give one of the cunts lower on the list the same $3000 to not be goldman's sock puppet.

Wed, 06/11/2014 - 16:21 | 4845995 disabledvet
disabledvet's picture

Why spend a dime?

"There is no recovery only War."

I think theories on "market manipulation" are ridiculous....right up there with Edward Snowden. The level of paranoia is off the charts by those trying to peddle the current stream as "forever" and, well...the democratic process is now beginning to assert itself.

I think we're heading straight for another Nuremberg...by that I mean the Trials. Crimes against humanity are being committed on US soil through the use of secret courts, a genocidal media and a bunch of fanatic nut jobs.

The theory that "this is how we're gonna repay a debt regime" is so ridiculous as to be laughable.

Once this revolt against debt tyranny spreads to the heartland I think outright repudiation will be the order of the day.

I find it hard to believe that Washington DC will wage a "War without Mercy" with "the Front" being "anything West of the Ohio River."

In any case "the paying off debt be creating more debt" continues.

Somebody is lying about their "perfect trading record" however. It's just a question of "how levered to the lie" not the "financial" system is but the actual blocking and tackling of say...public pensions and the value of the money itself.

In short "flow" meets "transfer payment" somewhere in here. You can't just inflate that away.

Wed, 06/11/2014 - 16:20 | 4845997 Derailski
Derailski's picture

Wow, they really get them cheap!

Wed, 06/11/2014 - 16:23 | 4846003 Jack Burton
Jack Burton's picture

Cantor the cunt. About time his sorry ass is gone. He is typical of the one party state in which democrat and republican are allied into the unipolar elite ruler's one party. Obama and Bush let's look at what the two have managed between them over 4 presidential terms. War, economic decline and surrender of America to invasion by the immigrant flood that corporate America seeks to drive wages into the shitter. War without end. Bush launches drone wars, Obama the nobel peace prize winner gets into office and ups the drone wars by ordes of magnitude. Besides wedding parties and day car centers, what has Obama blown up of any use?

Next election we will put either the Clinton Bitch into office or a John McInsane type. Both are 90% agreed on all issues. Only a few meaningless social issues divide them, and the state has no business in our social and sex lives anyways!

Wed, 06/11/2014 - 16:41 | 4846054 JR
JR's picture

Cantor’s internal polling showed he had a 34 point lead over Brat going into the election (Cantor hired Mitt Romney’s pollster).

In these troubled times for Americans, politicians almost never seem to reflect the concerns of everyday Americans. Ditto the media. And, now, this Cantor polling would suggest that politicians, the media, and pollsters are clueless about the real concerns of Americans.

It is the majority leader that typically sets the floor agenda and oversees the committee chairman. And that is why many observers are suggesting that without Cantor an immigration bill supported by the Goldmans et al., will not see serious debate before the November election. It must be remembered that the majority leader shares power with the Speaker; he is elected in his own right by the congressmen of his political party and has some leverage provided that the Speaker cannot override.

Since Cantor will be stepping down from the position next month, candidates for this position and now for Boehner’s as well will be remembering what the voters liked about David Brat.

It was an earthquake, really, in the system.

wrote on May 28, 2014: “Brat also challenged Cantor to sign a new pledge from an anti-amnesty group. If Cantor is such an anti-amnesty stalwart, Brat asked, ‘Why hasn't Cantor signed the no amnesty pledge circulated by FAIR? Has Eric Cantor ever met with ICE officers?’

"’I am calling on Eric Cantor to make public all corporate executives and lobbyists he has met with to discuss cheap labor…’”

But this list of Goldman-purchased members of Congress suggests that this is one international banker that’s getting its money’s worth as the billions in returns stack up, and as Goldman alumni position themselves well as government officials and as legislation and de-regulation favorable to Goldman and Wall Street click continually into place.

This is not to mention, of course, the ever valuable stay-out-jail cards the TBTFs carry.

One wonders, with the way things are going, why politicians even bother to pretend to represent their constituents back home.

By the way, these publicly recorded contributions are merely frivolous when compared with the power Goldman can bring to bear on a member of Congress should he stray off the marked path.

Wed, 06/11/2014 - 16:54 | 4846106 WTFUD
WTFUD's picture

Ok so Cantor will not receive the ' full bonus ' from Goldman for not seeing out a few more terms but the early retirement package for services rendered is still quite attractive.
Give it a year and he could receive a shoo in job in that enterprise or another of the TBTF's. After all as a proven expert asslicker his credentials tick all the right boxes.
CUNT

Thu, 06/12/2014 - 05:35 | 4847706 Not Goldman Sachs
Not Goldman Sachs's picture

Which lobbiest firm or "foundation" will this whore end up at?

Follow the scent of money right up the squids cloaca...

Do NOT follow this link or you will be banned from the site!