Profiles in Greed – Mean Mitt’s Billionaire Backers

Mean Mitt Bonds with Billionaire Buddies

 Meet Mean Mitt Billionaire Backers: Sheldon Adelson

“…shares of Las Vegas Sands have climbed more than 3,700 percent from 2008 lows, and Forbes reports he is the nation’s eighth wealthiest man worth an estimated $21.5 billion. His casino empire extends across the United States and Southeast Asia, and the company’s annual report shows more than $9.4 billion in revenues in 2011.

The Las Vegas Sands Corp. has been under investigation by the Securities and Exchange Commission and the Department of Justice for more than a year on possible charges of bribing foreign officials. A former executive’s 2010 wrongful-termination lawsuit also alleges that Las Vegas Sands Corp. was involved with Chinese organized crime groups.”

ABC NEWS: Watchdog: Mob Ties at Chinese Casinos Owned by US Firms?

The New Yorker: A multibillionaire’s relentless quest for global influence.

Total 2012 contributions to super PACs: $26.5 million*

$7.5 million to Winning Our Future

$12.5 million from wife Miriam to Winning Our Future

$1.5 million from a daughter, two stepdaughters and one stepdaughter’s husband to Winning Our Future

$5 million to the Congressional Leadership Fund

Notable federal hard money and 527 contributions:

More than $320,000 to the Republican National State Elections Committee

Notable state-level contributions (see here [4]):

$390,000 to the California Republican Party (2010)

$100,000 to Coloradans Against A Really Stupid Idea (2004)

Corporate ownership: Controlling interest, Las Vegas Sands Corp. [5]

Subsidiaries: Sands China Ltd., Venetian Macau Ltd.

Total spent on federal lobbying (2007-2011): $1.2 million, according to the Center for Responsive Politics [6]

Lobbying issues: Gambling and casinos, labor and workplace issues, trade, travel and tourism restrictions, taxes, banking, aviation.

via Donor profile: Sheldon Adelson.

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  1. Pingback: Show the GOP Mean Machine We Mean Business | #mittismean

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