Many Senators Have Stakes in Large Companies
Graham, whose main wealth comes from his family's development company, held stock worth more than $50,000 in Coca-Cola and smaller amounts in GE, IBM and Microsoft.
Edwards, who earned millions as a trial lawyer, has a large, diversified portfolio of investments, including several manufacturing companies, such as 3M Co. and GE.
Aides to Allen and others said the senators' investments do not influence their votes. Charles Lewis, director of the Center for Public Integrity, said that it was "hard to point a finger and say it is a conflict of interest" but that the investments create the impression that "they're all peas in the same pod with the same interests."
The report from Sen. Hillary Rodham Clinton (D-N.Y.) showed that speaking fees earned by her husband, former president Bill Clinton, declined precipitously -- from $9.5 million in 2002 to $4.4 million last year -- as he spent more time on his soon-to-be-released memoirs.
Sen. Clinton joined Daschle and many other senators as writers-in-residence in the Senate. She reported $2.3 million in royalties for her memoir, "Living History."
Daschle reported $583,250 for "Like No Other Time: The 107th Congress and the Two Years That Changed America Forever" but is giving all proceeds after taxes and expenses to charity. Former majority leader Trent Lott (R-Miss.) reported a $53,000 advance for his memoirs. Others reporting advances or royalties included John McCain (R-Ariz.), Robert C. Byrd (D-W.Va.) and Zell Miller (D-Ga.). Kerry reported $89,000 in royalties for "A Call to Service."
In a whole different category, Sen. Ted Stevens (R-Alaska) reported receiving a sled dog as a gift from a sports fishing group in Alaska -- and buying the dog's twin for $250.
Staff writers Charles Babington and Spencer S. Hsu and staff researchers Brian Faler, Lucy Shackelford and Julie Tate contributed to this report.
© 2004 The Washington Post Company
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