Tuesday, April 01, 2008

Why Do New York Financial Interests Like Wisconsin Supreme Court Candidate?

Four employees of a New York hedge firm and one of their spouses have contributed a total of $50,000 to Supreme Court candidate Michael Gableman in the past two weeks.

The question is: Why?

None of these employees or any company employees since 1993 has contributed to any Wisconsin candidates for the legislature or statewide office until Gableman.

The five $10,000 contributions since March 17 came from Paul Singer, Gordon and Jenny Singer, Bonnie Loeb and Jay Newman with Elliot Management Corporation in New York.

Federal campaign contribution records show Paul and Gordon Singer, Loeb and Newman have given several thousand dollars to the campaigns of former GOP presidential candidate Rudolph Giuliani and several Republican political party committees and congressional candidates over the years.

Billionaire Paul Singer was the sole donor – of $175,000 – in 2007 to a Missouri-based group called Take Initiative America, which put the money behind an unsuccessful effort to change the way California electoral votes are apportioned. Democrats say the plan was meant to favor Republican presidential candidates.

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