12/2/11
Pat Cave Hosts A Romney Fundraiser In Washington, D.C.
“ROMNEY TO BRING POLICY TEAM: Annah and Pat Cave, Mimi and John Kneuer, and Brooke and King Mueller are hosting a fundraiser Dec. 2 at the Capitol Hill Club for GOP presidential candidate Mitt Romney. The draw: Dr. Lanhee Chen, policy director, and former Rep. Vin Weber (Minn.)—now of Clark & Weinstock—special adviser on policy to Romney. The cost: $500 per person or $1,000 per PAC.” [Politico Influence, 11/11/11]
Romney Fundraiser, Patrick Cave Lobbied For Bank Accused Of Aiding Terrorists.
“Mitt Romney is coming to D.C. for a $500-per-person fundraiser later this week—and one of the event’s hosts lobbied on behalf of the Arab Bank, which has been accused of aiding terrorists. Patrick Cave, founder of The Cypress Group, lobbied for several years on behalf of the Arab Bank while the bank was defending itself in a suit alleging it had helped facilitate the transfer of Saudi funds to Palestinian suicide bombers’ families.” [Smith, Politico, 11/28/11]
Cave Confirmed The Nature Of His Firm’s Lobbying Work For Arab Bank Was Primarily In Dealing With The Congressional Fallout Of The Lawsuits And Encouraged Bank To Settle With Treasury.
“Cave confirmed the nature of his firm's lobbying work for Arab Bank to POLITICO, saying it was primarily in dealing with the congressional fallout of the lawsuits: ‘We encouraged [Arab Bank] to settle with the Treasury Department and cooperate with the Treasury Department and we were successful in communicating to the Congress any concerns they may have about the business.’” [Smith, Politico, 11/28/11]
Lawsuits Against Arab Bank By The Families Of Victims Of Terrorists Attacks By Suicide Bombers Alleged To Have Received Transfers From The Bank Remain Ongoing.
JTA wrote of Romney donor, Patrick Cave’s association with Arab Bank: “The bank has faced lawsuits from families of victims of terrorist attacks. Among other things, the suits alleged that the bank facilitated the transfer of Saudi money to the families of Palestinian suicide bombers. According to this Jerusalem Post story from September of this year, the lawsuits are still very much alive.” [JTA, 12/1/11]
Source: DNC
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