Billionaire businessman William Koch once operated green energy plants on multiple continents and had a reputation for being more politically moderate than his better-known brothers, Charles and David — the principal owners of Koch Industries, Inc..But William now rejects the “apocalypse of global warming.” He says investing in alternative energy is “foolhardy.” And ahead of the 2012 election, he criticized President Barack Obama for trying to “socialize” the country. Read more»
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Super PACs and nonprofits unleashed by Citizens United have spent more than $840 million on the 2012 election, with the overwhelming majority favoring Republicans.The Supreme Court decision helped Romney neutralize Obama's fundraising advantage. Read more»
Joe Ricketts, a billionaire who pioneered online stock trading by founding TD Ameritrade Inc., was far and away the biggest donor to super PACs last month, having given $11.4 million to the Ending Spending Action Fund. Read more»
A million-dollar donation by a foreign-owned corporation to a Republican super PAC that backs Mitt Romney has raised legal concerns and opened up the controversial Citizens United Supreme Court decision to new criticism.
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As super PACs carpet bomb the airwaves with negative ads, Republicans hold the financial advantage. Read more»
Super PACs have not led to a tsunami of contributions flowing from the treasuries of Fortune 500 corporations, contrary to expectations — at least not yet anyway.
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Of the $43.2 million raised by Restore Our Future, the pro-Romney super PAC, $20.5 million came from finance industry donors. Read more»
Thanks to a small number of wealthy individuals, the outside spending groups known as “super PACs” that are working to put the four leading GOP candidates in the White House collectively raised more than the candidates themselves in January. Read more»
News companies and their executives donated more than $350,000 to conservative super PACs in 2011, according to financial disclosure forms filed Tuesday with the Federal Election Commission. Read more»