Show Us the Money

Published on

Arnold’s disclosure reports
show $3/4 million in contributions over the last two days while the
California governor was on his East Coast swing. More than half a
million of this large sum went to his initiative committee, Yes on 57
& 58. This should raise eyebrows because a series of donations to
this effort to sell $15 billion in bonds came from the financial
community, including the California Bankers Association and a number of
individual banks.

But, what’s conspicuously absent from the reports following his New
York fundraiser are the New York donors. Arnold disclosed just one
contribution from the Big Apple over the last two days ($25,000 from an
investment executive). Where are the New Yorkers that NY Governor
Pataki and Robert Wood Johnson IV invited to the $500,000 a plate

Schwarzenegger’s staff has promised 24-hour disclosure of his
fundraising activities but nothing seems to have come to light from the
affair at One Central Park West. News reports even placed local tycoon
Donald Trump at the event – didn’t the Donald have to contribute to get

Could it be that Arnold has decided to wait until after the election to
report the proceeds of that evening? Or is he hiding the East Coast
donors altogether by funneling the money to the California Recovery
Team, his private charity which was mentioned in the invitation and is
not required to report contributors at all?

With Super Tuesday less than a week away, Arnold must immediately
provide Californians with a list of attendees at his East Coast
fundraisers, and their donations, wherever they went.

Consumer Watchdog
Consumer Watchdog
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