Skip to:

Press

Rossi’s Money Trail: What We Know, What We Don’t Know

Rossi raised Wall Street money at a rate of over $1,500 per day; Number one donor is a Manhattan hedge fund

With increasing focus on the secret money pouring into Washington state, voters should remember that Dino Rossi’s donors who do have to comply with disclosure laws overwhelmingly represent Wall Street interests and the corporate greed that drove our country into an economic ditch.

In just the first and second quarters of this year, Rossi raised $200,436.23 from Wall Street interests. Meaning that Rossi, the first Senate candidate in the country to call for a wholesale repeal of Wall Street reform, raised Wall Street money at a rate of $1,553.77 per day during those two quarters. (Report of Receipts and Disbursements, “Rossi for Senate,” April 1, 2010 through June 30, 2010; Report of Receipts and Disbursements, “Rossi for Senate,” July 1, 2010 through September 30, 2010) In fact, Rossi is so closely connected to the Wall Street interests that his number one donor is Elliott Management, a Manhattan hedge fund.

“When the livelihoods of Washington state families were on the line, Dino Rossi chose to stand with his corporate backers and Wall Street donors. Meanwhile, he is content to sit idly by while millions of dollars in secret, undisclosed money flood the state on his behalf. Dino Rossi’s disclosed donors aren’t on the side of Washington state and neither are his secret supporters,” said Sadie Weiner, Communications Director for the Washington State Democrats.

What we know:

· Dino Rossi has benefitted from $6.35 million worth in secret money – more than any other candidate

· The money Dino Rossi does have to disclose shows whose side he is on. He received $200,436.23 from Wall Street interests in 130 days of being in the race

· The number one donor to Rossi’s campaign is Elliott Management, a New York City hedge fund

· Dino Rossi was the first Senate candidate in the country to call for a wholesale repeal of Wall Street reform

What we don’t know:

· Who is paying for the ads attacking Patty Murray under the guise of shadowy front groups

· What else Dino Rossi promised his corporate Wall Street bankrollers aside from his pledge to reopen the Wall Street casinos and gamble with our money

· Where Dino Rossi was yesterday and why he wouldn’t tell reporters if he was in the state of Washington

10/26/10