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Hillary Clinton Campaign Press Release - Fact Check: Sen. Obama Accepts Over $1 Million From Subprime Lending Industry

March 24, 2008

The Obama campaign's response to the comprehensive plan Hillary laid out to address the housing crisis today was not to discuss their disagreement with her proposal but to assert that Hillary has received contributions from subprime loan companies.

Considering that Sen. Obama has received $1.18 million from subprime lenders and has taken more campaign contributions from the top ten issuers of subprime loans, that attack rings hollow as just words. Sen. Obama has a record of talking about standing up to special interests and then caving to their demands. Hillary has a 35-year record of standing up to special interests and delivering results.

Obama has taken $1,180,103 from the top issuers of subprime loans. [cq.com]

Obama received $266,907 from Lehman. [Cq.com]

Obama received $5395 from GMAC. [Cq.com]

Obama received $150,850 from CS First Boston. [Cq.com]

Obama received $11,250 from Countrywide. [Cq.com]

Obama received $9052 from Washington Mutual. [Cq.com]

Obama received $161,850 from Citigroup. [Cq.com]

Obama received $4600 from CBASS. [Cq.com]

Obama received $170,050 from Morgan Stanley. [Cq.com]

Obama received $1150 from Centex. [Cq.com]

Obama received $351,900 from Goldman Sachs. [Cq.com]

Sen. Obama has taken more money from the top 10 issuers of subprime loans than Hillary. Sen. Obama has received $434,420 from the top 10 issuers of subprime loans. Hillary has received $364,950. [Cq.com; USA Today]

[Click here] to read the full Fact Hub Article.

Hillary Clinton, Hillary Clinton Campaign Press Release - Fact Check: Sen. Obama Accepts Over $1 Million From Subprime Lending Industry Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/296968

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