Documents Detail Tom Steyer’s Ties to Alleged $67 Million Ponzi Scheme

Billionaire environmentalist’s hedge fund named as defendant in investor lawsuit
Tom Steyer / AP

The hedge fund founded and until recently run by billionaire environmentalist Tom Steyer was deeply involved in an alleged Ponzi scheme that siphoned tens of millions of dollars from foreign investors, an analysis of public records shows.

Union Hammers Obama for ‘Gutless’ Keystone XL Delay

‘The administration is making a political calculation instead of doing what is right for the country’
Large sections of Keystone Pipeline in Texas

A top labor union blasted the Obama administration on Friday over what it described as a nakedly political decision to once again delay a decision on the construction of the Keystone XL pipeline.

The Black Book of Tom Steyer

Allegations of fraud plague hedge fund of Democratic super-donor
Tom Steyer believes in American democracy… for now (AP)

The former hedge fund of one of the Democratic Party’s most important donors was involved in a scheme to defraud foreign investors out of tens of millions of dollars, according to documents filed in a Texas court.

Farallon Capital Partners L.P., a fund run by Farallon Capital Management, the multibillion-dollar hedge fund founded by Democratic donor Tom Steyer, became a limited partner in a project to build a large shopping mall near Seattle, Wash., in the mid-1990s after it guaranteed a line of credit for the project.

Raul Grijalva Tries to Tie ALEC to Bundy Ranch

Free market group dismisses congressman’s accusations of illegal lobbying
Rep. Raul Grijalva (D.-Ariz.) / AP

A Democratic congressman is attempting to tie the standoff over publicly owned lands in Nevada to a conservative policy group long reviled by the left in what the group says is a baseless and politically motivated attack.

Begich Earmarked Millions for Bankrupt Green Energy Company

Alaska Dem got $4,400 from geothermal company’s lobbyist after earmark, stimulus award
Sen. Mark Begich (D.-Alaska) / AP

As Sen. Mark Begich (D., Alaska) seeks to shore up his energy policy credentials, a now-bankrupt green energy company to which he steered federal subsidies could cloud his message.

Begich Decries ‘Outsiders’ but Enjoys Support from Billionaire Dems

Pro-Begich super PAC funded by Bloomberg, Katzenberg, Podesta
U.S. Sen. Mark Begich (D., Alaska) / AP

A super PAC with ties to Senate Majority Leader Harry Reid (D., Nev.) and financed by liberal billionaires from New York and Washington, D.C., is dropping huge sums to help reelect a vulnerable Democratic senator who has decried out-of-state influence in the race.