Executives at Goldman, Sachs & Co. last month attempted to change a voluntary municipal industry ban on campaign contributions so several highranking company officials, including departing chairman Stephen Friedman, could contribute large sums of money to the campaigns of state and local officials covered by the restrictions.

A Goldman executive on Friday confirmed that Friedman, several members of Goldman's management committee, and a host of municipal market executives who live on Manhattan's Upper East Side, wanted to play a greater financial role in the U.S. congressional campaign of New York City councilman Charles Millard.

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