Claim: “Obama’s chief of staff [Jacob Lew] made millions from Wall Street, after Wall Street received billions in bailout money.”
Ad(s): Justice for Sale?
Sponsor(s): American Future Fund
Air Dates: May 14-19, 2012
Total Estimated Spending On This Claim: $25,507 ($51,015 Total)
Markets: Charlotte, Colorado Springs, Flint, Ft. Meyers, Grand Rapids, Greensboro, Greenville (NC), Greenville (SC), Jacksonville, Las Vegas, Orlando, Raleigh, Tampa, Toledo, Wilmington, West Palm Beach
Factcheck.org Summary: Lew’s total compensation for 2008 was $1.1 million, down 29 percent from the $1.55 million he earned for his work in 2007. It’s not clear exactly how much he received after Citigroup received bailout funds. One thing is clear: He definitely did not receive “millions from Wall Street after Wall Street received billions in bailout money.” Click here to read more