Reps. Neugebauer and Himes Invest Big in Goldman Sachs
Friday, April 23, 2010
Rep. Randy Neugebauer
When it comes to investing in Goldman Sachs, two members of Congress stand far above the rest: Representatives Randy Neugebauer (R-Texas) and Jim Himes (D-Connecticut). These are the only two lawmakers, according to OpenSecrets.org, whose Goldman investments reached six figures—between $350,000 and $700,000 for Neugebauer and $250,000-$500,000 for Himes.
The next closest congressional investor has less than $91,000, and most lawmakers with Goldman as part of their portfolio report having less than $20,000.
Both Neugebauer and Himes sit on the House Financial Services Committee, which oversees legislation affecting Wall Street and the banking industry.
Goldman has invested in Himes, a first-term congressman who has received $15,150 from the bank, the most that any contributor has given to him during the 2009-2010 election cycle.
-Noel Brinkerhoff
Congressional Members Investment in Goldman Sachs (OpenSecrets.org)
Randy Neugebauer (R-Texas), 2008 (OpenSecrets.org)
Jim Himes (D-Conn), 2008 (OpenSecrets.org)
Jim Hines Profile (OpenSecrets.org)
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