Sessions (R-Texas) collected more than $24k in '04 from Ponzi scheme-related firm

[babylonsister]

Sessions collected more than $24k in '04 from Ponzi scheme-related firm
By Tony Romm - 12/30/09 03:25 PM ET


Rep. Pete Sessions (R-Texas) in 2004 collected more than $24,000 from a financial firm since revealed to be part of a massive, billion-dollar Ponzi scheme, federal election data shows.

The contributions came from Stanford Financial -- run by indicted financier Allen Stanford -- and together comprised the second-largest contribution from any firm to Sessions' campaign that year, according to the Center for Responsive Politics, citing official Federal Election Commission reports.

Neither Sessions' spokesperson nor the NRCC was available for comment on those donations Wednesday afternoon. Democratic strategists, however, mobilized in an attempt to capitalize on Sessions' silence, seeking to further pair the congressman with his now-disgraced donor.

"After fighting all year long to protect and defend Wall Street at the expense of main street, it come as no surprise that Representative Sessions still ‘loves’ one of his biggest Wall Street patrons, even after he was arrested for running a $7 billion Ponzi scheme" said Jesse Ferguson, a spokesman for the Democratic Congressional Campaign Committee (DCCC).

"Rep. Sessions may 'love and believe' in this Madoff-esque swindler, but the small business owners across this country wish the Republican leadership would start believing in them, instead," Ferguson added.

The flurry of news about Sessions' relationship with Stanford arrives just as the Justice Department is launching its probe to determine whether Stanford's contributions helped him curry special treatment from other lawmakers.

more...

http://thehill.com/blogs/blog-briefing-room/news/73953-sessions-collected-more-than-24k-in-04-from-ponzi-scheme-related-firm

[aquart]

1. Make him give the money back.