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Thursday, May 24, 2018

Billionaire Betsy DeVos Can’t Buy Her Way Into The Education Department

The defection of two Republican senators has imperiled President Trump’s nomination of Michigan billionaire Betsy DeVos to serve as Secretary of Education. DeVos has contributed $5,000 to Susan Collins’ campaigns, but Lisa Murkowski’s no-vote was perhaps an even bigger surprise. DeVos’ family businesses have contributed $33,400 to Murkowski’s political campaigns since 1989, according to OpenSecrets.

February 2, 2017

Formula One Chief’s Bribery Trial Ends With Record 100-Million-Dollar Payment

By Andrew Mccathie, dpa Munich (dpa) — Formula One chief Bernie Ecclestone’s bribery trial ended Tuesday after a Munich court accepted his record 100-million-dollar settlement offer. The 83-year-old British billionaire agreed to make the payment within one week. Prosecutors also approved the settlement. “He leaves this court a free man,” a court spokeswoman said. Ecclestone […]

August 5, 2014

Billionaire Steyer To Spend $50 Million To Make Climate Change An Issue In Battleground States

By Evan Halper, Tribune Washington Bureau WASHINGTON — One of President Barack Obama’s wealthiest supporters is pledging to spend at least $50 million in a bid to make climate change the central issue in hotly contested elections in New Hampshire, Florida, Michigan and a few other battleground states. A group run by California billionaire Tom Steyer […]

May 22, 2014

LOL Of The Week: Billionaires Go Shopping For ‘Not Totally Crazy’ Republicans

Billionaire Sheldon Adelson thinks he’s learned something from the 2012 GOP primary. His sudden cash infusion into a Newt Gingrich SuperPAC in late 2011 helped finance the King of Bain “documentary” that made Mitt Romney’s private equity background an issue — in a Republican primary. This assault on the way Bain did business not only […]

March 28, 2014