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Scontras: Pingree donor Donald Sussman's fund received $200m in bailout funds
Dean Scontras has a post up at The Republican Project, titled 'See Chellie Hedge' that adds a whole other dimension to the Pingree/ Sussman relationship:
“Paloma Securities received $200 million of taxpayer dollars each between September 18 and December 31, according to the list of AIG counterparties released.”
Donald Sussman’s Paloma Partners (of Congresswoman Pingree fame) was a counterparty to the failed portion of AIG!!!! In other words, Paloma Partners participated in the controversial credit swap derivatives with AIG. They lost when AIG collapsed. However, they were bailed out. Though being filthy rich, Paloma received $200 million of tax payer, bail out money! Many employees then turned around and donated in excess of $43,000 to Chellie Pingree, according to filings.
(emphasis added)
Read the whole post here.
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1 comments postedLTTE
There is no question who Scontras is representing
October 08, 2010 2:00 AM
To the Editor:
The Portsmouth Herald recently reported that 85 percent of the campaign contributions to Rep. Chellie Pingree came from out of state.
That information begs the question: Is she representing us or someone else?
I think career politicians in Washington are part of the problem today, not part of the solution. Dean Scontras should be given the opportunity to show us he can be fiscally responsible in Washington.
Catherine Haedrich
Eliot, Maine
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