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gateley

(62,683 posts)
Thu Feb 2, 2012, 11:38 AM Feb 2012

Secrecy Shrouds ‘Super PAC’ Funds in Latest Filings (NYT)

Newly disclosed details of the millions of dollars flowing into political groups are highlighting not just the scale of donations from corporation and unions but also the secrecy surrounding “super PACs” seeking to influence the presidential race.

Some of the money came from well-established concerns, like Alpha Natural Resources, one of the country’s largest coal companies, which is backing Republican-aligned American Crossroads, or from the Service Employees International Union, a powerful union allied with Democrats, according to filings with the Federal Election Commission.

Some came from companies closely identified with prominent industrialists or financiers, like Contran, a mammoth holding company controlled by the Texas billionaire Harold Simmons, a patron of a number of conservative groups and candidates, and Blue Ridge Capital, a New York hedge fund founded by the wealthy investor John A. Griffin, a supporter of Mitt Romney.

But some checks came from sources obscured from public view, like a $250,000 contribution to a super PAC backing Mr. Romney from a company with a post office box for a headquarters and no known employees. / snip

Read the rest at: http://www.nytimes.com/2012/02/02/us/politics/super-pac-filings-show-power-and-secrecy.html?_r=1&nl=todaysheadlines&emc=tha2

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