June 18, 2003

Politics: Update on the Donation/Prosecution Continuum

Martin Grass, the former CEO of Rite Aid who pled guilty to fraud charges this week will serve up to eight years in jail. It's important to note that Mr. Grass, like fellow corporate baddies Martha Stewart and Samuel Waksal are big donors to the Democratic Party and its candidates. Grass did give $1000 to the Bush campaign in 2000, but he gave soft and hard money to the tune of about $17,000 to Gore, the DNC and Democratic candidates.

It seems that as with Andrew Fastow, Grass didn't give enough money to collect one of the Bush Justice Department's get out of jail free cards. They are reserved for members of the $100,000 club, natch.

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