The hedge fund run by billionaire Democratic donor David Einhorn continues to get crushed this summer and is now down 14 percent for the year.
Billionaire hedge fund co-owner Marc Lasry, a mega-donor to President Obama and the Clinton Foundation, says that the “economy is fine” after the Dow Jones industrial average tumbled 1,000 points in the first minutes of trading on Monday.
A donor to the Clinton Foundation and Democratic National Committee (DNC) has been appointed as the chief executive officer of the Federal Reserve Bank of Dallas and member of the Federal Open Market Committee (FOMC).
The CEO and Board of Directors of Solazyme, a company the military paid $149 per gallon for “alternative” fuel, have donated more than $300,000 to Democratic candidates and committees, according to a Washington Free Beacon analysis.
The man described on Monday by the Wall Street Journal as the “new king of subprime lending” is a major Democratic donor.
Hillary Clinton on Monday said she attended the 2005 wedding of Donald Trump, a financial backer of her political campaign and the Clinton Foundation, not because she was sucking up to donors, but because she “thought it would be fun” and “entertaining.”
Hillary Clinton will attend a $2,700 per person fundraiser Friday night at the South Texas home of Alonzo Cantu, a longtime donor who founded a hospital that would have been banned from opening under Obamacare, and cannot expand due to the law.
“Fewer than 400 families are responsible for almost half the money raised in the 2016 presidential campaign, a concentration of political donors that is unprecedented in the modern era,” the New York Times breathlessly reported last Sunday. The popularity of so-called Super PACs, which can raise unlimited funds, has allowed the wealthy to dominate the fundraising scene. “The intensifying reliance on big money in politics mirrors the concentration of American wealth more broadly.” Democracy, we are meant to believe, is at stake.
Hillary Clinton is in Colorado Tuesday for a series of fundraisers, including one at the Aspen house of a former Goldman Sachs executive who was once caught attempting to evade more than $2 million in taxes.
A Democrat-aligned super PAC financed by a pair of dark money groups wrote a seven-figure check to Hillary Clinton’s super PAC in June, infusing a key pro-Clinton outfit with money whose sources are virtually untraceable.