Los Angeles Times: Obama tech dinner: Company spending figures for D.C. lobbying, campaign contributions

Written by admin on February 22nd, 2011

The Los Angeles Times reports on the corporate campaign contributions from the recent technology companys’ dinner meeting with President Obama.

Los Angeles Times

According to data compiled by the Center for Responsive Politics and noted by the Sunlight Foundation, 6 of the 11 companies represented by their respective CEOs on Thursday night spent millions of dollars last year lobbying federal lawmakers in Washington D.C. through employees and political action committees.

And 10 of the 11 companies and their employees contributed financially to Obama’s 2008 campaign for President.

Only the Westley Group, a Menlo Park venture capital firm, spent nothing on both lobbying in D.C. and Obama’s presidential run — though Twitter did spend zero on lobbying and gave just $750 to Obama.

Stanford Univeristy President John Hennessy accounted for the 12th seat at the dinner table. Stanford donated $448,720 to Obama’s 2008 campaign and spent $370,000 on lobbying in 2010.

Company Lobbying (2010) Obama campaign contribution (2008)
Apple $1,610,000.00 $92,141.00
Google $5,160,000.00 $803,436.00
Facebook $351,390.00 $34,850.00
Yahoo $2,230,000.00 $164,051.00
Cisco Systems $2,010,000.00 $187,472.00
Twitter $0.00 $750.00
$4,850,000.00 $243,194.00
$130,000.00 $19,485.00
Stanford $370,000.00 $448,720.00
Genentech $4,922,368.00 $97,761.00
Westly Group $0.00 $0.00

Leave a Comment