Sludge
Relentlessly uncovering corruption.

Finance

2018 Midterms Primary category in which blog post is published

Hedge Fund Billionaires Were Democrats’ Main Bankrollers in 2018

A new report shows that three-quarters of the money that individuals donated to pro-Democrat outside spending groups in 2018 came from finance founders and executives.

Finance Primary category in which blog post is published

Dems Overseeing Finance Industry Take Money from Group Supporting Racist Auto Lending

Alerted to the contributions, House Financial Services Chair Maxine Waters tells Sludge she will better vet her campaign contributors.

2020 Primary category in which blog post is published

After City Incentives, South Bend Real Estate Executives Donate to Mayor Pete’s Presidential Campaign

Real estate executives benefited from policies of Mayor Pete Buttigieg’s administration that some criticize as reckless gentrification. Now they’re returning the favor.

Finance Primary category in which blog post is published

Reps Questioning Megabank CEOs Own Stock in Their Companies

Ten of the Financial Services Committee members who will question the CEOs of the largest banks in the U.S. are personally invested in those banks and positioned to benefit from the companies’ growth.

Real Estate Primary category in which blog post is published

How the Real Estate Industry Masks Its Campaign Donations Through the Internet

A website that bills itself as a nonpartisan portal for political participation is run by real estate lobbyists and funnels campaign contributions nearly exclusively from the real estate industry.

2018 Midterms Primary category in which blog post is published

Facing a Consumer Advocate Challenger, Rep. Mimi Walters is Suddenly Popular With Wall Street Donors

For the first time, Walters' top donors this cycle come from the securities and investment industry, and Goldman Sachs in particular.

2018 Midterms Primary category in which blog post is published

Dems in ‘Toss-up’ Races Turn to Wall Street for Campaign Funds

After voting to deregulate the banks, Senate Democrats in close races are funding their campaigns with bank industry money

Finance Primary category in which blog post is published

New York Pension Chief Cashes in on Natural Gas

New York state’s chief investment officer invested millions of retirement dollars in a fossil fuel company – and then joined the company’s board the same week she retired.