MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 27, 2010 Reynolds Backs Franks' Re-Election Bid Rep. Barney Frank (D-Mass.) is reportedly 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 [see profile], State Street Bank [see profile], Liberty Mutual Insurance Co., Fidelity Investments [see profile], BlackRock Capital Management [see profile], Ameriprise Financial Inc. [see profile], 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. Printed from: MFWire.com/story.asp?s=33833 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |