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STATE OF THE STATE: Money Gram

Consumer Watchdog In The News

Orange County Register (California)


That warm glow you feel is from former donors to Democrats making nice with Gov. Arnold Schwarzenegger.

Schwarzenegger has collected more than $1 million since his election Oct. 7, much of it from donors who had supported ousted Gov. Gray Davis. Some donors who already gave the maximum, $21,200, to his campaign committee donated to his inaugural committee and his Total Recall committee, which can accept unlimited donations.

Orange-based Ameriquest Capital Corp. had given $100,000 to Taxpayers Against the Recall last summer. Last week Ameriquest gave $100,000 to Schwarzenegger’s Total Recall committee, and Ameriquest co-chairpersons Roland E. and Dawn Arnall each gave the legal maximum to Schwarzenegger’s campaign committee.

Los Angeles developer Edward P. Roski Jr., one of Davis’ biggest donors in 2002, gave $100,000 to Schwarzenegger.

The governor also got $100,000 from insurance giant American International Group. AIG is a leading workers’ compensation insurer — the subject of one of the three special legislative sessions that Schwarzenegger called this week.

The donation upset a consumer group, the Foundation for Taxpayer and Consumer Rights, which highlighted the donation on its new ”ArnoldWatch” Web site.
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Ronald Campbell – The Register – (714) 796-5030 or [email protected]

Consumer Watchdog · November 20, 2003
https://consumerwatchdog.org/privacy/state-state-money-gram/
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