Bank of America to Rick Perry: “We will help you out!”

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The producers of Wall Street: Money Never Sleeps couldn’t have staged better coda: During the meet-and-greet following Texas Governor Rick Perry’s appearance at the New Hampshire Politics and Eggs breakfast this week, a mysterious man approached Perry and apropos of nothing said, “Bank of America. We will help you out.” Then he silently moved on. 

Politico‘s Ben Smith identified the exec as James Mahoney, Bank of America’s director of public policy. A bank spokesperson told Smith that the only “help” Mahoney was offering was nonpartisan policy expertise. But Mahoney is also chairman of the bank’s New Hampshire PAC, which doles out political cash.

The interaction takes place at precisely 40 minutes:

More MotherJones reporting on Dark Money

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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