WALL STREET ENDORSES PAUL KANJORSKI IN PA-11

By COREY O’BRIEN FOR CONGRESS

Breaking news: Wall Street has endorsed Paul Kanjorski over Corey O’Brien in the Democratic Primary for Pennsylvania’s 11th Congressional District.

While the nation was occupied with the State of the Union address last night, Kanjorski quietly filed his FEC report and disclosed raising $233,141 last quarter to end 2009 with $974,543 cash on hand.

Why did Paul Kanjorski attempt to bury his fundraising report in the State of the Union news cycle? Because during the greatest economic crisis since the Great Depression, Wall Street isn’t just collecting record bonuses – it’s helping Paul Kanjorski set records of his own:

Rank: 1 – Percentage of contributions received from financial, insurance and real estate industries, 2010 cycle (54%)

Rank: 1 – Percentage of contributions received from financial, insurance and real estate industries, career (44%)

Rank: 1 – Contributions from Credit & Finance industry, career ($339,896)

Rank: 1 – “Industry Favorite” – Mortgage bankers and brokers, 2010 cycle

Rank: 2 – “Industry Favorite” – Insurance, 2010 cycle

Rank: 3 – “Industry Favorite” – Credit Unions, 2010 cycle

Rank: 4 – Contributions from Wall Street, career ($3,963,741)

Rank: 4 – Contributions from Insurance industry, career ($995,186)

Rank: 7 – Contributions from Securities & Investment industry, career ($814,618)

Rank: 8 – Contributions from Commercial Banking industry, career ($353,920)

Rank: 11 — Contributions from Real Estate industry, career ($660,634)

Source: The Center for Responsive Politics, www.OpenSecrets.org/capital_eye/finance.php, January 28, 2010. Ranking is among Democrats in the U.S. House of Representatives.

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