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An investigation by the Government Accountability Institute found that more than half of the most politically active 50 campaign bundlers for President Obama were either appointed to a presidential council, committee, board, or other White House post. Many bundlers’ businesses or relatives' businesses also received millions of dollars in taxpayer-funded federal contracts, grants, loans, or other crony perks.
In all, the top 50 bundlers received three council appointments, one ambassadorship, two committee appointments, and a whopping 20 State Dinner invitations. Two bundlers were also placed on a presidential board, and another two were picked for other White House posts. .................
Another Obama bundler who has seemingly gained from his presidential fundraising is Richard Richman, chairman of the Richman Group. In September 2010, the Richmans held a $30,000 a plate fundraising dinner for Obama in their 20-acre estate in Greenwich, Connecticut. They also donated $50,000 to Obama's inaugural. In total, the Richmans have bundled $1,073,750 for Mr. Obama.
And what did they get in return for their fundraising efforts? Richman Group’s Balton-Douglass Park--a $100 million mixed use, mixed income development which will hold 226 apartments in central Harlem--received a $21 million subsidy through the stimulus.