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Obama Meets the $66 Million Gang

The 15 banking CEOs who met with President Obama today in Washington head financial institutions that spent at least $45 million on lobbying in 2008, and gave

Jul 31, 2020
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The 15 banking CEOs who met with President Obama today in Washington head financial institutions that spent at least $45 million on lobbying in 2008, and gave $21.2 million in political contributions in 2007-2008, according to OpenSecrets.org, the Center for Responsive Politics’ Website that tracks money in politics.
Before the meeting, Obama saidhe would use the meeting “to reiterate his message that each of us must look beyond our own short-term interests to the wider set of obligations we have to each other in order for America to succeed.”
Following the meeting, John Stumpf of Wells Fargo said, “
Well, its never too late to start.
Here’s a list of the CEOs who met with Obama, followed by their respective institutions’ lobbying expenditures in 2008 and total campaign contributions from political action committees and employees in 2007-2008:
  • Jamie Dimon, JP Morgan Chase
Lobbying: $5.39 million
Contributions: $802,516
  • Ken Chenault, American Express
Lobbying: $5.78 million
Contributions: $573,167
  • Ronald Logue, State Street
Lobbying: $750,000and $980,000
Contributions: $24,500
5)
Contributions
Contributions
Contributions
Contributions
Contributions
Contributions: $2.23 million
Contributions: $1.12 milion
12)
Contributions: $1.12 million
Contributions:$3.81 million
15)
Contributions: $2.34 million
Hajra Shannon

Hajra Shannon

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Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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