Extortion (30 page)

48. U.S. House of Representatives, “Department of Defense Appropriations Bill, 2013,” Report 112-, 112th Cong., 2nd sess.,
http://appropriations.house.gov/ uploadedfiles/defense-fy13-fullcommitteereport.pdf
.

49. U.S. House of Representatives, Committee on Appropriations, “Press Release: House Appropriations Committee Releases Fiscal Year 2013 Defense Appropriations Bill,” May 7, 2012,
http://appropriations.house.gov/news/documentsingle.aspx?DocumentID=294116
(accessed April 17, 2013).

50. “Operating Expenditures—Congressman Bill Young Campaign Committee (2012 Election Cycle),” available at: FEC.Gov,
http://www.fec.gov/fecviewer/CandCmteTransaction.do
.

51. MapLight, “U.S. Congress—Find Contributions: Legislator, C. Young; Date, March 15–31, 2012” (see ch. 1, n. 2; accessed April 17, 2013).

52. Ibid.

53. MapLight, “U.S. Congress—Find Contributions: Legislator, C. Young; Date, January 1–March 31, 2012” (see ch. 1, n. 2; accessed April 17, 2013).

54. MapLight, “U.S. Congress—Find Contributions: Legislator, C. Young; Date, April 1–December 31, 2012” (see ch. 1, n. 2; accessed April 17, 2013).

55. Van Scoyoc Associates, “Our People,”
http://www.vsadc.com/people
(accessed April 17, 2013).

56. Van Scoyoc Associates, “Our Clients,”
http://www.vsadc.com/clients
(accessed April 17, 2013).

57. David S. Fallis and Dan Keating, “In Congress, Relatives Lobby on Bills Before Family Members,” Washington Post, December 29, 2012.

58. Bill Adair and Wess Allison, “Rep. Young’s Earmarks Help His Children’s Employers,” Tampa Bay Times, April 8, 2008.

59. Ibid.

3. Protection: For a Price

1. “Couple Plans ‘Mafia-Free’ Wedding
,” BBC News, April 1, 2009.

2. “A Bullet for a Businessman
,” Bloomberg Businessweek, November 3, 1991.

3. Alan Dershowitz, introduction to Silverglate,
Three Felonies a Day
.

4.
Opensecrets.org
, “Bundlers,”
http://www.opensecrets.org/pres08/bundlers.php?id=n00009638
(accessed May 3, 2013).

5. Chart sources:
http://www.opensecrets.org/pres08/bundlers.php?id=N00009638
(2008 election);
www.opensecrets.org/pres12/bundlers.php
(2012 election).

6. “Obama Slams ‘Fat Cat Bankers,’” CBS News, December 13, 2009,
http://www.cbsnews.com/video/watch/?id=5975092n
(accessed May 03, 2013).

7. Roger Parloff, “Why Wall Street Could Go to Jail,” CNNMoney,
http://money.cnn.com/galleries/2008/fortune/0812/gallery.parloff_quotes.fortune
(last updated January 6, 2009; accessed May 3, 2013).

8. Tom Gardner, “Hundreds Should Go to Jail,” The Motley Fool, January 29, 2009,
http://www.fool.com/investing/general/2009/01/29/hundreds-should-go-to-jail.aspx
(accessed May 3, 2013).

9. Lindsey Ellerson, “The Note: Obama to Bankers: I’m Standing ‘Between You and the Pitchforks,’” ABC News, April 3, 2009,
http://abcnews.go.com/blogs/politics/2009/04/obama-to-banker
(accessed May 3, 2013).

10. Eamon Javers, “Inside Obama’s Bank CEOs Meeting,” Politico, April 3, 2009.

11. Lucy Madison, “Obama: ‘Occupy Wall Street’ Reflects ‘Broad-Based Frustration,’” CBS News, October 9, 2011,
http://www.cbsnews.com/8301-503544_162-20116707-503544/obama-occupy-wall-street-reflects-broad-based-frustration
(accessed May 3, 2013).

12. Jessica Desvariex, “Pelosi Supports Occupy Wall Street Movement,” ABC News, October 9, 2011,
http://abcnews.go.com/Politics/pelosi-supports-occupy-wall-street-movement/story?id=14696893
(accessed May 3, 2013).

13. Joshua Altman, “DNC Chairwoman: Occupy Wall Street Embodies How ‘Working People Feel,’”
The Hill
, October 11, 2011.

14. Robert Reich, “Only $4.2 Billion to Buy This Election?” October 27, 2010,
http://robertreich.org/post/1419481402
(accessed May 3, 2013).

15. Peter H. Aranson,
American Government:
Strategy and Choice
(Cambridge, Mass.: Winthrop Publishers, 1981), pp. 252–53.

16. “Links to Printed United States Senate Permanent Subcommittee on Investigations: Hearings and Reports 106th–112th Congresses,” March 15, 2013,
http://www.hsgac.senate.gov/download/report-and-exhibit-links-wall-street_the- financial-crisis
(accessed May 3, 2013).

17. Halah Touryalai, “Goldman Sachs CEO Lawyers Up Amid DOJ Investigation,”
Forbes
, August 22, 2011.

18. April 8, 2011—One week before the report is released, Goldman managing director Bruce Heyman gives $30,800 to the Democratic National Committee and $5,000 to Barack Obama.
April 11, 2011—Two days before the report is released, Goldman senior director John Farmer writes a $25,800 check to the Democratic National Committee.
June 7, 2011—Susan Scher, a banker at Goldman in New York City, contributes $5,000 to Barack Obama and $5,000 to the Democratic National Committee.
June 19, 2011—Goldman managing director Sanjeev Mehra gives $5,000 to the Obama campaign and $30,800 to the Democratic National Committee. His wife also makes a donation. Mehra had never given to Obama before.
June 21, 2011—Jonathan Lopatin, a senior executive at Goldman, writes a $20,000 check to the Democratic National Committee and a $5,000 check to the Obama campaign. This is his first-ever contribution to Obama, and by far his largest contribution ever to an individual candidate (
Opensecrets.org
, “Donor Lookup,”
http://www.opensecrets.org/indivs/index.php;
MapLight, “U.S. Congress—Find Contributions”
http://maplight.org/us-congress/contributions
).

19. Goldman Sachs reported in its Form 10-Q that the Justice Department announced on August 9, 2012, that it would not press criminal charges against the firm or its employees arising out of the issues raised by the staff report of the Senate Permanent Subcommittee on Investigations. See U.S. Securities and Exchange Commission, “The Goldman Sachs Group: Form 10-Q,” September 30, 2012,
http://www.sec.gov/Archives/edgar/data/886982/000119312512458820/d41105 3d10q.htm
(accessed May 3, 2013).

20. Peter Wallsten, “Obama Plans to Turn Anti–Wall Street Anger on Mitt Romney, Republicans
,” Washington Post, October 14, 2011.

21. Josh Gerstein, “Carney Defends Obama Meeting Wall Street Donors at White House,” Politico, June 14, 2011.

22. Heidi Przybyla, “Obama Seen as Anti-Business by 77% of U.S. Investors,” Bloomberg, January 21, 2010.

23. Eamon Javers, “For Fundraising, Obama Relies Even More on Wall Street,” CNBC, July 22, 2011,
http://www.cnbc.com/id/43854224
(accessed May 03, 2013).

24. Anna Sale, “Graphic: Obama Campaign Sees Fundraiser Turnover,” WNYC, February 17, 2012,
http://www.wnyc.org/articles/its-free-country/2012/feb/17/amongst-glitzy-galas-ny-finance-and-business-bundlers-still-raise-most-obama
(accessed May 3, 2013).

25. Devin Banerjee, “Levy: Obama Needs McDonald’s Fundraiser for Wall Street,”
Bloomberg
, June 20, 2012.

26. Permanent Subcommittee on Investigations, “Opening Statement of Senator Carl Levin at Hearing on Tax Haven Banks and U.S. Tax Compliance: Obtaining the Names of U.S. Clients with Swiss Accounts,” March 4, 2009,
http://www.levin.senate.gov/newsroom/press/release/?id=1cc17ddd-d117-4dc1-83e3-7dc150a9e168
(accessed May 3, 2013).

27. “UBS in Settlement Talks with SEC over Mortgage Bond Deal—WSJ,”
Reuters
, March 23, 2013; “SEC Charges UBS Global Asset Management for Pricing Violations in Mutual Fund Portfolios,” January 17, 2012, www.sec.gov/News/PressRelease/1365171488750#.UgLEmbYnhFs.

28. Andrew Ramonas, “DOJ Drops UBS Tax Evasion Case,” Main Justice: Politics, Policy, and the Law, October 22, 2010,
http://www.mainjustice.com/2010/10/22/doj-drops-ubs-tax-evasion-case
(accessed May 3, 2013).

29.
Opensecrets.org
, “2012 Presidential: Barack Obama’s Bundlers”; see, for example, U.S. Department of Justice, “Justice Department Reaches Settlement with Bank of America to Resolve Allegations of Discrimination Against Recipients of Disability Income,” September 13, 2012,
http://www.justice.gov/opa/pr/2012/September/12-crt-1116.html;
U.S. Department of Justice, “Federal Government and State Attorneys General Reach $25 Billion Agreement with Five Largest Mortgage Servicers to Address Mortgage Loan Servicing and Foreclosure Abuses,” February 9, 2012,
http://www.justice.gov/opa/pr/2012/February/12-ag-186.html
; Phil Mattingly, “U.S. Won’t Prosecute Goldman Sachs, Employees over CDO Deals,”
Bloomberg Businessweek
, August 10, 2012,
http://www.businessweek.com/news/2012-08-09/justice-finds-no-viable-basis-for-charges-against-goldman
.

30.
Opensecrets.org
, “2012 Presidential: Barack Obama’s Bundlers,” March 25, 2013,
http://www.opensecrets.org/pres12/bundlers.php
(accessed May 3, 2013).

31. Matthew Goldstein, “SEC Closes Fairfax Investigation on Hedge Funds—Sources,” Reuters, December 8, 2011.

32. Jen Sabella, “Obama New York Fundraiser with Rahm Emanuel Moved,” Huffington Post, July 14, 2011.

33.
Opensecrets.org
, “Barack Obama’s Bundlers.”

34. Katie Thomas, “Pfizer Settles U.S. Charges of Bribing Doctors Abroad,”
New York Times, August 8, 2012.

35. Sarah Fulmer and April Knill, “Political Contributions and the Severity of Government Enforcement,” paper presented at the meeting of the American Finance Association, San Diego, March 1, 2012, p. 16.

36. “Obama, Wall Street, and Lobbyists,” Christian Science Monitor, April 22, 2010.

37. Mike Allen, “Obama Campaign Adds Senior Adviser,” Politico, October 24, 2011.

38. Justin Elliott, “Top Obama Campaign Aide Lobbied for Bank Bailout,” Salon, January 9, 2012.

39. Keach Hagey, “NPR Host’s Husband Joins Obama Campaign,” Politico, October 24, 2011.

40. Collins Johnson Group, “About Us,”
http://thecollinsjohnsongroup.com/about.html
(accessed May 5, 2013).

41. Nicholas D. Kristof, “Taxes and Billionaires,”
New York Times, July 7, 2011.

42. MapLight, “U.S. Congress —Find Contributions: Legislator, John Boehner; Interest Group, Finance/Insurance/Real Estate and Securities & Investment; Date, June 8–9, 2011 (see ch. 1, n. 2; accessed May 5, 2013).

43. Ibid.

44. “Know Your Power Couples,” The Daily Beast,
http://www.thedailybeast.com/newsweek/galleries/2008/12/24/photos-know-your-power-couples.html
(accessed May 5, 2013).

45. Timothy P. Carney, “K Street: More Shakedown Than Bribery?”
Washington Examiner
, February 14, 2012.

46. SKDKnickerbocker, “Anita Dunn,”
www.skdknick.com/about/anita-dun
(accessed May 5, 2013).

47. Patrick Howley, “The Democrats’ Hedge Fund Shakedown Comments,” Washington Free Beacon, January 14, 2012.

48. “Bio: Hilary Rosen,” Huffington Post,
http://www.huffingtonpost.com/hilary-rosen
(accessed May 5, 2013).

49. Elizabeth Wasserman and Jonathan Allen, “Barack Obama, Trustbuster?” Politico, August 16, 2012; Eric Lichtblau and Eric Lipton, “Strategizing for the President, and Corporate Clients, Too,” New York Times, October 19, 2012.

50. Thomas Catan, Jeffrey A. Trachtenberg, and Chad Bray, “U.S. Alleges E-Book Scheme
,” Wall Street Journal, April 11, 2012.

51. John Aloysius Farrell, “Obama Sues Publishers, Who Respond with a Fundraiser,” National Journal, March 25, 2012,
http://www.nationaljournal.com/blogs/decoded/2012/05/obama-sues-publishers-who-respond-with-a-fundraiser-25
(accessed May 5, 2013).

52. Library of Congress Thomas, “Bill Text Versions—112th Congress (2011–2012), H.R. 3523,”
http://thomas.loc.gov/cgi-bin/query/z?c112:H.R.3523
: (accessed May 5, 2013).

53. MapLight, “U.S. Congress—Find Contributions: Legislator, James Clyburn; Interest Group, Communications and Electronics Industry; Date, March 1–April 30, 2012 (see ch. 1, n. 2; accessed May 5, 2013).

54.
Opensecrets.org
, “Lobbyist Profile: Alexander, Stacey,”
http://www.opensecrets.org/lobby/lobbyist.php?id=Y0000039600L&year=2012;
and “Lobbyist Profile: Mason, Marcus,”
http://www.opensecrets.org/lobby/lobbyist.php?id=Y00000114 11L
(accessed May 5, 2013).

55. Govtrack.us, “House Vote #192 in 2012: H.R. 3523 (112th): Cyberspace Intelligence Sharing and Protection Act,” April 26, 2012,
http://www.govtrack.us/con gress/votes/112-2012/h192
.

56. Alicia Mundy, “U.S. Effort to Remove Drug CEO Jolts Firms
,” Wall Street Journal, April 26, 2011.

57. John Stanton, “Former Baucus Aide at Center of Flap over Insurer’s Mailings on Health Reform,” Roll Call, September 23, 2009.

4. The Underground Washington Economy

1. Matthew Mosk, “Fundraisers Tap Those Who Can’t Say No,” Washington Post, August 7, 2009; and Clyde Wilcox, “Design Campaign Finance Disclosure in the States: Tracing the Tributaries of Campaign Finance,”
Election Law Journal
(December 2005): 376.