Friday, August 29, 2008

'Rainmaker' lobbyist aids Biden

The Washington Times reports:
When Sen. Joseph R. Biden Jr. started a new political fundraising committee three years ago, he turned to a longtime Washington insider for help - the partner of a lobbying firm co-founded by his son.

William Oldaker, a federal lobbyist whom one watchdog group dubbed "the rainmaker," and his associates have held dual roles as insiders for Mr. Biden's political committees and the lobbying firm co-founded by his son R. Hunter Biden.


Since 2005, Mr. Biden's fundraising committee, Unite Our States, has raised more than $2 million, including at least $115,000 in donations from employees and clients of Mr. Oldaker and his son's lobbying firm, D.C.-based Oldaker, Biden and Belair.

One Chicago law firm specializing in asbestos lawsuits paid the lobbying firm $220,000, while its employees have given Mr. Biden's campaigns and fundraising committee more than $70,000 in donations, Federal Election Commission records show.

Oldaker, Biden and Belair has increased its lobbying revenues from $500,000 in 2002 to $3.5 million last year, according to the Center for Responsive Politics. Since 2005, the firm has received more than $10 million from corporate lobbying clients and political campaigns. Mr. Biden has used Oldaker, Biden and Belair lawyers to provide legal services for his campaigns.
You'll want to read this whole article.