Smorgasbord of Senators Hankering to Chat for Cash

By Garsson, Robert M. | American Banker, September 9, 1991 | Go to article overview
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Smorgasbord of Senators Hankering to Chat for Cash


Garsson, Robert M., American Banker


Smorgasbord of Senators Hankering to Chat for Cash

After the highly publicized Keating Five scandal, surely nobody is trying to buy a U.S. senator. Still, it may be possible to rent one for an hour or two.

Consider a recent invitation extended by the Texas Roundtable, a political action committee formed by the National Republican Senatorial Committee. On the cover is an imposing looking table with seats for six Senators.

The top of the invitation describes the event in lofty terms: "The Hon. Phil Gramm. Six Leading U.S. Senators. A Gathering of Minds. The Texas Roundtable."

Inside, the invitation gets to the point: Tickets for seats at the roundtable go for $3,000 a pop, $5,000 per couple.

Those with some spare cash and a hankering to talk politics are invited to choose from a list of six senators, all of whom are up for reelection next year.

"Please mark your top five senators in order of preference," the invitation asks. Those who attend will be given an opportunity to talk to the senators of their choice in a small gathering and to dine with the six that evening.

Sen.

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