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Bush, Kerry Have New
Campaign Donors In Common
Millionaires Raising Millions

By Alex Knott and Agustn Armendariz
10-3-4
 
WASHINGTON - While the 2004 ballot is setting up to be one of the most divisive elections in history, campaign contributors to the candidates are looking more similar than ever.
 
Presidential Candidate John Kerry has received increasingly more donations from employees of companies that have historically made large donations to President George W. Bush's campaign.
 
In fact, Bush and Kerry now share four of the same 10 largest donors this election cycle, all of whom are financial corporations, according to a study by the Center for Public Integrity.
 
Kerry Cycle Patrons Bush Cycle Patrons
 
Harvard University $213,045
Pricewaterhouse Coopers $488,600
Citigroup $169,254.00
Morgan Stanley Dean Witter & Co. $486,125
Skadden, Arps, Slate, Meagher & Flom $169,225.00
 
Merrill Lynch & Co. Inc. $455,904
Time Warner $158,506
UBS AG Inc $368,900
Robins, Kaplan, Miller & Ciresi $150,250
 
Goldman Sachs Group $295,950
UBS AG Inc $138,700.00
Credit Suisse First Boston $271,650
Goldman Sachs Group $127,750
Ernst & Young LLP $267,105
 
Verner, Liipfert, Bernhard, McPherson $124,152
Lehman Brothers Holdings Inc. $263,200
Mintz, Levin, Cohn, Ferris, Glovsky $102,051
MBNA Corp. $251,000
Morgan Stanley Dean Witter & Co. $100,204
Citigroup $246,645
 
Until this cycle, most of Kerry's top contributors had come from the telecommunications industry and law firms. Most of Bush's largest donors remain consistent: financial corporations with executives who have pledged to raise money for the president's reelection.
 
Like Bush, who pioneered the use of bundling fundraisers, Kerry lists more than 500 independent fundraisers of his own 10 of whom are associated with Citigroup, UBS Financial Services, Goldman Sachs and Morgan Stanley. Bush currently lists almost 600 fundraisers, whom the campaign designates as Rangers, Pioneers or Mavericks based on the amounts they have raised. Rangers have raised $200,000.00 or more, Pioneers $100,000 and Mavericks, $50,000.
 
Bush's top career patrons are Morgan Stanley Dean Witter & Co., Merrill Lynch & Co. Inc and Pricewaterhouse Coopers. Kerry's largest career donors are Harvard University, Time Warner and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.
 
A database of each candidate's income and assets can be found in the Buying of the President Document Warehouse.
 
http://www.publicintegrity.org/bop2004/report.aspx?aid=374&sid=200
 
 

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