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#1 Rangel, Other Reps, Party in Caribbean With Citi Funds
01-30-2009, 10:01 PM
- Join Date
- Aug 2005
"Good Old High Time Charlie Rangel Partys While America Burns !"
Six Democratic members of Congress enjoyed a Caribbean junket sponsored by Citigroup after Congress had approved the $700 billion bailout of financial services firms in October.
The National Legal and Policy Center, a watchdog group, has asked Neil Barofsky, the Special Inspector General for the Troubled Asset Relief Program, for a formal review of the Citigroup’s sponsorship of the trip by House Ways and Means Committee Chairman Charles Rangel and five others.
The NLPC says the trip violated House rules.
The purported purpose of the Nov. 6-9 junket was to attend the Caribbean Multi-Cultural Business Conference on the island of St. Maarten, but “the primary purpose of attending for most participants appeared to be to take a vacation,” according to the NLPC, which had a representative at the event.
The NLPC said in a statement: “The ‘lead sponsor’ was Citigroup, which contributed $100,000. Citigroup was certainly aware that it would be a major recipient of bailout funds. It was also aware that its fortunes had become increasingly reliant on Congressional actions.
“Citigroup should have also been aware that corporate sponsorship of such an event was banned by House rules adopted on March 1, 2007, in response to the [lobbyist Jack] Abramoff scandal and the infamous golf trip to Scotland.”
In addition to Rangel, other members of Congress who attended were Donald Payne of New Jersey, Sheila Jackson-Lee of Texas, Carolyn Cheeks Kilpatrick of Michigan, Bennie Thompson of Mississippi, and Donna Christensen, the delegate to the House from the United States Virgin Islands.
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01-31-2009, 10:50 AMThe NLPC says the trip violated House rules."If every poor man is to come here and start requesting money for all his children, the applicants will never be satisfied and the nation's finances will collapse." Emperor Tiberius: Tacitus:Annals
01-31-2009, 12:55 PM
- Join Date
- Jan 2009
Rangel should be held accountable.
01-31-2009, 01:53 PM
- Join Date
- May 2008
The sad part is that by attending meetings each day for only a short period of time, the junket will not be considered a violation of this House rule. San Fran Nan is not going to do anything about it.
CITI led by Rubin, Director, forks over 100 grand to reward Rangel and his cronies for bailouts. Looks like influence peddling or pay to play to me.
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