Campaign 2010

Dec 06, 2007

Representative Latta Has “A Latta” Love For Special Interests

DCCC Press

Dec 6, 2007

Representative Latta Has “A Latta” Love For Special Interests

State Representative Bob Latta and his special interest pals have a lot invested in each other. While gas prices soar to more than $3 a gallon in northwest Ohio, Representative Latta shares in big oil’s big profits. While seniors scrimp to pay for their prescription drugs, Representative Latta shares in big drug companies big profits. And, while middle class Ohioans struggle to afford their health insurance, Representative Latta shares in big health insurance companies’ big profits.

The last thing northwest Ohioans need is another career politician who will put special interests ahead of Ohio’s hardworking families. State Representative Bob Latta, the son of a former congressman, is a candidate in the special election in Ohio’s fifth congressional district.

“A Latta” Love for Big Oil

Representative Latta owns more than $300,000 worth of funds that invest in big oil.

· Latta owns between $315,006 and $700,000 in shares of funds which invest in Exxon, Chevron and Halliburton. [2007 Latta Financial Disclosure]

Representative Latta has made at least $29,000 from funds that invest in big oil in two years.

· Since 2006, Latta has made between $29,212 and $76,000 in capital gains from his ownership of funds which invest in Exxon, Chevron and Halliburton. [2007 Latta Financial Disclosure]

Representative Latta has taken $9,000 from big oil to fund his campaigns.

· Latta has accepted $9,000 from the PACs of BP, Exxon Mobil, Valero and Marathon Oil to fund his campaigns. [Ohio Secretary of State, Latta for Congress FEC Disclosures]

“A Latta” Love for Drug and Health Insurance Companies

Representative Latta owns more than $300,000 worth of funds that invest in major pharmaceuticals.

· Latta owns between $316,007 and $625,000 in shares of funds which invest in Pfizer, Procter and Gamble, and Merck. [2007 Latta Financial Disclosure]

Representative Latta has made at least $29,000 from funds that invest in major pharmaceuticals in two years.

· Since 2006, Latta has made between $29,414 and $99,700 in capital gains from his ownership of funds which invest in Pfizer, Procter and Gamble, and Merck. [2007 Latta Financial Disclosure]

Representative Latta has taken $3,000 from pharmaceutical and insurance industry PACS to fund his campaigns.

· Latta has accepted $3,000 from the Corporate Political Action Committee’s of Pfizer, Merck, Anthem Insurance and Humana to fund his campaigns. [Ohio Secretary of State]

Representative Latta has taken $750 from pharmaceutical lobbyists.

· Latta has accepted $750 from Ohio State lobbyists who have worked on behalf of Bristol-Myers Squibb. [Ohio Secretary of State; Ohio Joint Legislative Ethics Committee]


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