Harry Reid Won’t Return Goldman Sachs Donations

by Stephan Tawney on April 28, 2010

Right back at ya, Harry.

Senator Harry Reid (D-NV), at the forefront of liberal financial regulatory reform, won’t return campaign contributions from Goldman Sachs, which was recently charged by the SEC with fraud. He joins President Barack Obama in keeping the company’s generous political dollars.

Then Republicans decided to strike back on the fundraising-in-New-York front, reminding reporters that Senate Majority Leader Harry Reid, D-NV, recently traveled to that famous street in New York, as well, to raise money from none other than financial giant Goldman Sachs, now under an SEC investigation for alleged fraud. Reid was suddenly hit with questions of his own about this fundraiser that raised $37,000, questions he dodged on Tuesday. “Clearly, I’m leading the effort to rein in Wall Street…I”m going to make sure that in this legislation I do everything within my ability to make sure that banks aren’t too big to fail,” Reid told reporters at his weekly news conference. Reid spokesman Jim Manley readily confirmed the meeting and made no bones about the Majority Leader keeping his campaign donations from the bank, reiterating that Reid is slapping the cuffs on bad Wall Street behavior as an explanation.

A reporter directly asked Reid if he would return the Goldman Sachs money, considering Goldman Sachs is under assault from members of Congress and has been tainted with fraud allegations. The Senate Majority Leader, last heard calling Republicans “anti-American”, simply turned and walked away. Now that’s transparency and accountability you can believe in!



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