The former hedge fund of one of the Democratic Party’s most important donors was allegedly 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.
(Reuters) – The Obama administration said on Friday it would extend the period of time for federal agencies to weigh in on the Keystone XL oil pipeline, giving no new deadline.
The move, which likely delays a final decision beyond November mid-term elections, angered Republican and some Democrat lawmakers who have urged President Barack Obama to make the final decision on TransCanada’s project after more than five years of government reviews.
Five Senate Democrats looking at tough reelection fights may face a new obstacle: environmental activists livid at their public support for the Keystone XL pipeline.
Koch Industries on Thursday responded to a pair of congressional Democrats seeking information about their financial interest in the Keystone XL pipeline, noting that the evidence of such an interest is nonexistent.
The Washington Post responded to heated criticism of a story on Koch Industries and the Keystone Pipeline on Friday, noting that it pointed out how frivolous the allegations of Koch critics were in a piece extensively detailing those allegations.
Some lies just won’t go away. In February the Washington Post published an article with the following headline: “Why There’s No Democratic Version of the Koch Brothers’ Organization.” It was the umpteenth attempt to explain, in a particularly simplistic manner, how the millionaires and billionaires who donate money to the Democratic Party are nothing, absolutely nothing, like those meanie cancer research philanthropists Charles and David Koch.
A majority of Democrats want the Obama administration to approve the Keystone XL pipeline, but the project is highlighting divisions between segments of the party’s supporters, according to a new poll.