High Noon

by admin on January 29, 2009

A noontime roundup of business and politics.

Lincoln of Arkansas Supports Hometown Boys

Sen. Blanche Lincoln has indeed been a direct beneficiary of Wal-Mart’s political largess, with donors associated with the company giving Lincoln over $35,800 in her career.OpenSecrets.org In addition, she has received $44,000 from Tyson Foods, the poultry giant with its own checkered record of worker abuses and hostility to union. OpenSecrets.org

Pentagon Nominee May Make $500,000 on Raytheon Stock

The man nominated to be the Pentagon’s second-in-command could make at least a half-million dollars next month with vested stock he earned as a lobbyist for military contractor Raytheon. Common Dreams

Big Pharma Has a Prescription for Congress

Big Pharma continues to give heavily to Congress with Pfizer leading with contributions of $$1,601,425 in 2008. Wyeth, its soon-to-be-swallowed competitor, gave an impressive $583,371 during that same period. OpenSecrets.org

BofA Cashes Out Working People

Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community’s top legislative priority. Huffington Post

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