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2016 Postmortem
Related: About this forumBlackstone Dealmakers Line Up for Hillary Clinton in Money Race
At least 16 executives at the worlds biggest manager of alternative assets gave the presidential candidate more than $43,000 in the second quarter.Jul 16, 2015 4:45 PM EDT
Tony James and other top Blackstone Group LP executives are rallying behind Democrat Hillary Clinton with donations. Their boss, Republican Steve Schwarzman, is not.
At least 16 executives at Blackstone, the worlds biggest manager of alternative assets, gave the presidential candidate more than $43,000 in the second quarter, with most of them sending $2,700 each, the maximum allowed, according to Federal Election Commission filings. The donors included Jon Gray, global head of real estate; Laurence Tosi, chief financial officer; and Bennett Goodman, head of credit.
Presidential hopefuls, 16 months before the election, are courting donors in New York -- ground zero for tapping financiers pockets. At the four biggest private equity firms -- Blackstone, KKR & Co., Carlyle Group LP and Apollo Global Management LLC -- more than 80 percent of the at least 56 contributors who listed their employers backed Clinton, according to the filings. The remainder supported Republicans Jeb Bush, Marco Rubio or Ted Cruz.
The private equity executives have pledged their allegiance to Clinton despite her call to change the tax treatment of much of their income. Clinton, in a speech this week in New York, reiterated her support for closing the carried interest loophole that lets wealthy financiers pay an artificially low rate.
Clinton backers at buyout firms included Blackstones Ken Caplan, Tim Coleman, John Studzinski, Byron Wien, Amy Stursberg, Verdun Perry and Brendan Boyle; KKRs Ralph Rosenberg and Alisa Wood; and Carlyles Allan Holt, Sandra Horbach, Mitch Petrick, Jim Atwood, Mike Arpey and Dave Marchick, the filings show.
more...
http://www.bloomberg.com/politics/articles/2015-07-16/blackstone-dealmakers-line-up-for-clinton-in-money-race
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Blackstone Dealmakers Line Up for Hillary Clinton in Money Race (Original Post)
Purveyor
Jul 2015
OP
Since individuals are able to contribute $2700 to a candidate of their choice, guess they are free
Thinkingabout
Jul 2015
#2
Because I post this OP, you ask " Are you attempting to do away with contributions?"
Purveyor
Jul 2015
#3
deminwi
(66 posts)1. Of course they are
It's one thing to give a speech about taxing these criminals, it's another to actually pass policy and actually make them pay taxes. Their pockets will always be stuffed with tax at our expense.
Thinkingabout
(30,058 posts)2. Since individuals are able to contribute $2700 to a candidate of their choice, guess they are free
do make this contribution. Are you attempting to do away with contributions?
Purveyor
(29,876 posts)3. Because I post this OP, you ask " Are you attempting to do away with contributions?"
What a ridiculous assumption, indeed.
Thinkingabout
(30,058 posts)4. That is why I questioned the op.
DemocratSinceBirth
(99,710 posts)5. I thought it was a most insightful assumption, indeed
Purveyor
(29,876 posts)6. Well you just assume away then.
DemocratSinceBirth
(99,710 posts)8. I will with your encouragement, thank you.
Purveyor
(29,876 posts)9. Oh I plan on providing plenty of that, most certainly.
DemocratSinceBirth
(99,710 posts)10. That's one of the reasons I come here.
Purveyor
(29,876 posts)12. On this we shall agree.
Purveyor
(29,876 posts)7. Kick
oasis
(49,394 posts)11. 80 percent of contributors for Hilllary. Jeb, Rubio and Cruz get the scraps.
Liking this trend as we point to the general election.