Democrats, Republicans Awash In Funds From Corporate Criminals, Report Finds
WASHINGTON - July 3 - Thirty-one corporate criminals gave more than $9
million to the Democratic and Republican parties during the 2002 election
cycle, according to a report released today by Corporate Crime Reporter.
Corporate criminals gave $7.2 million to Republicans (77 percent) and $2.1
million to Democrats (23 percent), the report found.
The report: Dirty Money: Corporate Criminal Donations to the Two Major
Parties, was released at a press conference in Washington, D.C.
The top five corporate criminal donors, ranked by total amount of
contributions to the major political parties in the 2002 election cycle
are:
1. Archer Daniels Midland ($1.7 million)
2. Pfizer ($1.1 million)
3. Chevron ($875,400)
4. Northrop Grumman ($741,250)
5. American Airlines ($655,593)
The report checked the political contributions of more than 100 major
companies convicted of crimes from 1990 to this year.
"The Republicans and Democrats are awash in dirty money," said Russell
Mokhiber, the editor of the Corporate Crime Reporter. "They took in more
than $9 million from convicted criminals. Last year, when the heat was up
on WorldCom and Enron, politicians from all stripes returned campaign
contributions from these two tainted entities or sent them on to charity.
The parties should do the same."
The report listed the crimes of the 31 companies, and each of their
contributions to the Republicans and Democrats during the 2002 election
cycle.
http://www.commondreams.org/news2003/0703-09.htm
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