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Investment Banker contributions to the Goldman Sachs Group PAC

Occupation Investment Banker accounts for $3.1 million ($3,148,488) to THE GOLDMAN SACHS GROUP, INC. POLITICAL ACTION COMMITTEE (C00350744). 4,011 itemized receipts sit in the join, mean $785. The occupation’s full book is $30.0 million ($30,023,152), so this company PAC is 10.5% of that title—not a headcount of Goldman Sachs bankers and not a Wall Street recode.

Key figures

  • Investment Banker → Goldman Sachs PAC (C00350744): $3,148,488 in 4,011 receipts.
  • 10.5% of Investment Banker’s $30,023,152 occupation-wide book.
  • Employer and occupation are different FEC fields.
  • Mean $785 is not unique donors.

A company PAC on a tenth of a finance title

10.5% of Investment Banker itemized dollars landed on Goldman Sachs PAC. $26,874,664 (89.5%) went to other federal committees. Candidate committees typically absorb much of a high-dollar occupation’s remainder.

4,011 receipts at mean $785 is a mid-count, larger-check pattern than a labor PAC with tens of thousands of lines. Unique donors are unpublished.

Links: Investment Banker occupation hub, Goldman Sachs PAC committee page, All occupations, All FEC ties. Banker, managing director, and vice president are other keys.

Keep Investment Banker → Goldman Sachs PAC (C00350744): $3,148,488 in 4,011 receipts. on one sentence and the occupation-wide total on another. All FEC ties indexes other occupation-to-committee pages. This snapshot does not replace FEC.gov bulk files.

INVESTMENT BANKER as typed

The occupation-wide total is $30,023,152. Banker and I-banker can exist as other strings. They are not inside $30,023,152 unless stored as INVESTMENT BANKER. Firm name is a different FEC field from occupation.

A Goldman Sachs employee who listed Managing Director would sit outside this occupation key. An investment banker at another firm who listed this occupation and this PAC would sit inside $3,148,488. Employer and occupation do not have to match.

Quote Investment Banker for the occupation-wide $30,023,152 and quote THE GOLDMAN SACHS GROUP, INC. POLITICAL ACTION COMMITTEE (C00350744) for the committee overlay. The overlap remains $3,148,488 across 4,011 itemized receipts, 10.5% of the occupation book, mean $785. Remainder $26,874,664 (89.5%) went to other federal committees that stored the same occupation string. All occupations and All FEC ties keep the pair in the index. Itemized individual contributions only; independent expenditures are outside the source note. Later FEC bulk files override this snapshot. Do not add $3,148,488 to $30,023,152. Do not treat 4,011 as unique donors.

C00350744 as Goldman Sachs PAC

THE GOLDMAN SACHS GROUP, INC. POLITICAL ACTION COMMITTEE received $3,148,488 from this occupation key. Other occupations on the same PAC sit outside the join. $3,148,488 is not the PAC’s all-occupation total.

Independent expenditures are excluded. Cycle year is not in the packet. Cite FEC.gov for the live committee file. Firm PAC receipts are not a substitute for a Form ADV or a headcount.

Amended Schedule A filings move $3,148,488 and $30,023,152. Rewrite only the sentence whose source moved. This /ties/ page is a join snapshot, not a substitute for the occupation hub or the committee file on FEC.gov. Coverage stops at itemized individual contributions grouped by occupation and recipient committee. Unitemized gifts never enter either integer.

What 10.5 percent does not prove

10.5% is this PAC’s share of Investment Banker itemized dollars, not the share of Goldman bankers who give, and not the occupation’s share of the PAC. Inverting the percentage needs the PAC’s all-occupation total, which is not here.

Deal flow, underwriting, and motive are not fields. The join is two FEC labels. Correlation of a bank PAC with a bank-job title is a filing pattern.

Keep Investment Banker → Goldman Sachs PAC (C00350744): $3,148,488 in 4,011 receipts. on one sentence and the occupation-wide total on another. All FEC ties indexes other occupation-to-committee pages. This snapshot does not replace FEC.gov bulk files.

Citation

FEC.gov: occupation Investment Banker $30,023,152; Investment Banker to C00350744 $3,148,488 in 4,011 contributions; mean $785. Not independent expenditures.

All FEC ties indexes sibling pages. Do not add the two dollar totals. Later bulk files override this snapshot.

Quote Investment Banker for the occupation-wide $30,023,152 and quote THE GOLDMAN SACHS GROUP, INC. POLITICAL ACTION COMMITTEE (C00350744) for the committee overlay. The overlap remains $3,148,488 across 4,011 itemized receipts, 10.5% of the occupation book, mean $785. Remainder $26,874,664 (89.5%) went to other federal committees that stored the same occupation string. All occupations and All FEC ties keep the pair in the index. Itemized individual contributions only; independent expenditures are outside the source note. Later FEC bulk files override this snapshot. Do not add $3,148,488 to $30,023,152. Do not treat 4,011 as unique donors.

Questions

How much did investment bankers give to Goldman Sachs PAC?
$3,148,488 in 4,011 itemized contributions from occupation Investment Banker to C00350744. That is 10.5% of Investment Banker’s $30,023,152 occupation-wide total. Mean $785 is arithmetic. Unique donors are unpublished. Independent expenditures are excluded.
Are these all Goldman Sachs employees?
Unknown. The join keys are occupation Investment Banker and committee C00350744. Employer is a different FEC field. Bankers at other firms can appear if they listed this PAC. Goldman employees with other occupation strings sit outside the join. Cite FEC.gov itemized individual aggregates; independent expenditures are excluded.
Is $3.1 million the PAC’s total fundraising?
No. $3,148,488 is the Investment Banker occupation slice only. Other occupations on C00350744 sit on the committee overlay. The occupation hub holds this title’s gifts to every other committee as remainder $26,874,664. Cite FEC.gov itemized individual aggregates; independent expenditures are excluded.
Does managing director count as investment banker here?
Only if the occupation line stored Investment Banker. Managing director is a different key unless FEC stored it as INVESTMENT BANKER. This page does not recode bank titles. Use All occupations to compare neighboring strings. Cite FEC.gov itemized individual aggregates; independent expenditures are excluded.

FEC.gov aggregates of itemized individual contributions grouped by occupation and recipient committee. Not independent expenditures.