Rep. Barney Frank
having mixed success raising money from the financial services industry for his re-election campaign, according to Roll call
. But at least one familiar fundster is standing by the powerful Democrat.
Campaign finance records show that Frank has received some $60,000 in campaign contributions since Wednesday from insurance, banking and mutual fund executives and their companies’ political action committees including Putnam Investments
], State Street Bank
], Liberty Mutual Insurance Co.
, Fidelity Investments
], BlackRock Capital Management
], Ameriprise Financial Inc.
], Advanced Life Underwriting, Financial Service Centers of America, Independent Insurance Agents and Brokers of America, Webster Bank, and Coastal Federal Credit Union.
In fact, Putnam Investments’ PAC reportedly wrote a $2,500 check to Frank’s re-election campaign Monday and its CEO Robert Reynolds
, also made a $2,400 contribution.
However, Frank isn't having such luck with the alternative investment crowd. “People in the derivatives businesses weren’t too happy with me,” Frank said, in an interview.
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