Federal authorities today charged a prominent Texas businessman and three of his companies with running a "massive, ongoing fraud" involving the sale of $8 billion in certificates of deposit.
And the folks at the Center for Responsive Politics ran the numbers and found that money manager Robert Allen Stanford is a big political giver. Between its PAC and its employees, Stanford Financial Group, the website estimates, "has given $2.4 million to federal candidates (including both candidate committees and leadership PACs), parties and committees since 1989, with 65 percent of that going to Democrats.
The top recipients of cash in the current Congress include Sen. Bill Nelson, who received $45,900; Rep. Pete Sessions, R-Texas), who collected $41,375; and Sen. John McCain, R-Ariz., who brought in $28,150.
http://news.yahoo.com/s/mcb_washington/20090218/pl_mcb_washington/washington200902reportjohnmccainbillnelsonbeneficiariesoflatestfirmchargedwithfraudhtml____________________________________________________________________________________________________