http://tinyurl.com/5kobhh
- - - A son of Democratic vice presidential candidate Joe Biden was paid an undisclosed amount of money as a consultant by MBNA, the largest employer in Delaware, during the years the senator supported legislation that was promoted by the credit card industry and opposed by consumer groups. Barack Obama's presidential campaign said Biden helped forge a bipartisan compromise on the measure, which is now law and makes it harder for consumers to obtain bankruptcy protection in the courts. MBNA's consulting payments to Hunter Biden, first reported by The New York Times, followed his departure in 2001 from the company, where he had been an executive. Obama opposed the bankruptcy law, enacted in 2005, while Biden supported it. ... At the time Hunter Biden was receiving consulting payments from MBNA, he also was a Washington lobbyist at a firm he had co-founded. "He was not a lobbyist for MBNA, and his work had absolutely nothing to do with the bankruptcy bill. Zero. Nothing," said Wade. Resurrecting Biden's role in the bankruptcy legislation could undercut one of the Obama campaign's lines of attack: That his Republican opponent, John McCain, is insensitive to the financial woes of middle-class Americans. ... When the Senate Judiciary Committee approved the bill early in 2005, Biden, Dianne Feinstein of California and Herb Kohl of Wisconsin were the only Democrats to vote with the Republican majority. Biden also voted for the bill on final passage in the Senate, while Obama voted against it. MBNA employees have poured more than $200,000 into Biden's Senate campaigns over the past two decades, making donors working for the credit card company the senator's largest source of campaign money. ... In the lawsuit filed last year in state court in New York, Anthony Lotito says that he got a call from Jim Biden in early 2006 saying that Sen. Biden was concerned with the impact that Hunter's lobbying activities might have on the senator's expected campaign for the 2008 Democratic presidential nomination. According to the lawsuit, Jim Biden said his brother had asked him to seek Lotito's assistance in finding employment for Hunter in a non-lobbying capacity. The lawsuit says that Lotito later was cut out of a business arrangement with Jim and Hunter Biden to purchase Paradigm Hedge Funds, a business in which the Bidens now own a controlling interest. - - - Well that explains why Joe Biden said today that attacks on the children of candidates are off limits. Ah, change we can believe in! LOL. - Bob _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
