527 GROUPS ATTRACT BIG INDIVIDUAL DONORS: Individuals -- many of them wealthy CEOs and executives from some of the nation’s more moneyed businesses -- contributed more than $20.5 million to 527 political action groups in the second quarter of 2010, according to a Center for Responsive Politics analysis. The big winner seems to be American Crossroads, the new conservative organization founded by Republican political strategist and former advisor to President George W. Bush, Karl Rove. The new group collected $2.3 million from the two biggest donors in the second quarter: Wayne Hughes, founder of storage giant Public Storage, and Trevor Rees-Jones, the founder and CEO of Chief Oil and Gas. The Republican Governors Association also brought in $1.3 million from two business-minded individuals: David Koch, a co-owner of oil giant Koch Industries ($1,000,000) and Paul Singer of the hedge fund firm Elliot Management ($500,000).
Thursday, August 12, 2010
American Crossroads Big Donors
Spencer MacColl reports at the Center for Responsive Politics: