Rahm Emanuel has been chosen as Chief of Staff for president-elect Barak H. Obama. Here is some of the fund raising highlights:
Emanuel served as a fundraiser and operative in the Clinton administration.
Emanuel was a chief advocate of the $700 billion Wall Street bailout.
His top source of campaign funds this year was the subprime-rattled UBS (the Swiss bank's PAC and employees gave, corporations cannot give campaign contributions), who benefited from the housing bailout which Emanuel supported and has already shown an interest in expanding.
The $96,900 Emanuel pulled in from hedge funds places him above any Senator besides presidential candidates.
Emanuel garnered from hedge funds more than the top 11 Republican lawmakers, combined.
Goldman Sachs and JP Morgan are also in Emanuel's top-five career sources of campaign cash.
Commercial banks lined Emanuel's pockets, too, with $121,100, placing him fourth among House members.
Emanuel received more money from the securities and investment industry-$600,500 as of September 30-than did any other member of the U.S. House, and more than two presidential candidates (including Joe Biden) and the chairman of the Senate Finance Committee.
