DNC chairman, former Virginia Governor Tim Kaine, turned to the Bank of America to secure a $15 million revolving credit line. Then, in the middle of this month, the Democratic Congressional Campaign Committee (DCCC) got another loan from BofA for an additional $17 million.
What was their collateral? It turns out, not much.
....The DNC loan agreement as posted online by the Federal Election Commission (FEC) and signed by former Virginia Governor Tim Kaine (D) on September 16, 2010, says the loan collateral included: “All electronic mail (‘E-mail’) addresses and other contact lists, records and other Information (electronic or otherwise) relating to contributors, supporters and subscribers owned by any of the Borrowers.” The borrowers in this case were the DNC and the DNC Services Corporation.
Answer by ballewal at 1:39 PM on Oct. 29, 2010
Answer by Anouck at 1:47 PM on Oct. 29, 2010
Yeah Anouk....because ALL the Dem ads are peaches and roses. LMAO. They are JUST as poisonous and its disingenuous of you to say otherwise.
Answer by momof030404 at 2:45 PM on Oct. 29, 2010
Answer by tabekat at 2:49 PM on Oct. 29, 2010
Answer by tabekat at 2:50 PM on Oct. 29, 2010
Answer by kerp1960 at 4:15 PM on Oct. 29, 2010