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From today's New York Times:

Citigroup was under the microscope after a newspaper report that New York State's attorney general has widened his probe of Citigroup's brokerage unit.

The Wall Street Journal, citing unnamed sources familiar with the matter, said New York Attorney General Eliot Spitzer is looking into a lucrative financing deal and what role Citigroup Chief Executive Sanford Weill might have played.

Spitzer is investigating whether Weill might have pressured Jack Grubman, then a telecommunications analyst at Citigroup's Salomon Smith Barney unit, into raising his rating on AT&T Corp. in order to win a spot in underwriting a large stock offering for AT&T's wireless business.

Citigroup's shares fell 97 cents to $34.21

The Center for Responsive Politics -- which gets its figures directly from the Federal Election Commision -- lists four seperate Political Action Committess for Citigroup. Each has up to three election cycles listed, so we had to crunch some numbers to get their total PAC giving. From 1998 to the present it totalled $1,719,093. Of that, $947,541 -- just over 55% -- went to Republicans.

Citigroup was not so equitable with its soft money donations. From 2001-2002 (so far) they've given $1,031,213. Of that, $680,713, or 66%, went to Republican groups, inlcuding an $85,000 donation to something called "The 2001 President's Dinner".

Must have been a heck of a dinner.

By the way, Citigroup is listed as a donor under the Finance/Real Estate group. They were the second overall donor in this sector, giving $2,071,531 (58% of it to Republicans). This sector's number one ranked benficiary in the 2000 election cycle?

Bush, George W (R) Pres $16,028,084