Bernard Madoff may have screwed his investor clients, but he sure spread the wealth around to local politicians.
Madoff contributed $164,650 to various campaigns and political-action committees – including $101,000 to the Democratic Senatorial Campaign Committee – over the past decade, records show.
That largesse helped Sen. Charles Schumer (D-NY), who chaired the DSCC, in his successful quest to win Democratic control of the US Senate.
Madoff also kicked in $6,300 to Schumer’s congressional campaign committees.
Schumer yesterday said he is giving the $6,300 Madoff donation to three charities associated with police and fire unions.
Madoff also welcomed Sen. Hillary Rodham Clinton (D-NY) to the state by donating $1,000 to her initial Senate run in 2000.
Harlem Rep. Charles Rangel has received two $1,000 contributions from Madoff.