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Companies Cautious About Inauguration

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  • Description

    FBN's Adam Shapiro on corporations helping to fund Obama's inauguration.

  • Duration 2:02
  • Date

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We -- two weeks away from president Obama's inauguration but it looks like some of -- three all from four years ago.

Is GO NA gone are the events expected to draw the smaller crowds of this year but spectators aren't the only ones shying away -- -- -- -- about tell us.

Isn't news from today out of have you guys on major contribution -- to the committee for the inauguration -- mean you can contributed an unlimited amount that's what's different this time around.

There and that president in 2009 said no corporate donations this time around bring -- the corporate donations and so far count on my think it's roughly twelve.

Companies so far just twelfth.

Have come up to the pool AT&T Microsoft Genentech Centene court streamlined circle financial innovations just to name a few.

And they are listed on a list of donors benefactors.

That the inauguration committee put out on Friday night it was a document dump.

Bush did sing about this list is it's only a list the names in 2009.

The list actually included.

Names of people who donated there were no corporations which -- Steve Ballmer from the CEO of Microsoft he donated 50000 dollars and that was the cap no cap this time around.

It also said where he worked -- you could figure out okay someone who works at Microsoft has gave -- inauguration committee fifty grand.

This time around.

Not happening.

And this is a problem for people who are government watchdogs for instance I got this quote from the Center for Responsive Politics we spoke to them and ask them why this lack of transparency.

By the administration might be troubling and they said we're always disappointed when political organizations move towards.

Less disclosure now Fox Business has contacted the inauguration committee.

To find out if they'll tell us how much has AT&T how much is Microsoft.

How much of these different companies again just a few of them so far how much -- they donated since there's no cap on how much they can donate.

Also called Microsoft and -- T to fight it if they would tell us.

How much did you donate.

Why did choose to do it are you patriotic corporation are get some kind of sinister ulterior motive take -- -- That's where we stand on on this -- Thank you Adam Adams -- Kara thank.

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