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Mon Dec 3, 2012, 09:02 AM

I know this post will sadden you - turns out Sheldon Adelson lost $150mil on that election



Ok yeah I tried typing that with a sad face but didn't work.

http://www.huffingtonpost.com/2012/12/03/sheldon-adelson-2012-election_n_2223589.html

Sheldon Adelson Spent Far More On Campaign Than Previously Known

WASHINGTON -- Casino magnate Sheldon Adelson vowed to spend as much as $100 million to defeat President Barack Obama and help the GOP take control of Congress. According to two GOP fundraisers with close ties to the Las Vegas billionaire, he made good on that promise -- and then some. Adelson ultimately upped the ante, spending closer to a previously unreported $150 million, the fundraisers said.

Adelson, a fierce critic of Obama’s foreign and domestic policies, has said that his humongous spending was spurred chiefly by his fear that a second Obama term would bring "vilification of people that were against him." As that second term begins, Adelson's international casino empire faces a rough road, with two federal criminal investigations into his business.

This coming week, Adelson plans to visit Washington, according to three separate GOP sources familiar with his travel schedule. While here, he’s arranged Hill meetings with at least one House GOP leader in which he is expected to discuss key issues, including possible changes to the Foreign Corrupt Practices Act, the anti-bribery law that undergirds one federal probe into his casino network, according to a Republican attorney with knowledge of his plans.

<<<<snip>>>>

One of the two gamblers, Ausaf Umar Siddiqui, is being probed about over $100 million of his transactions through the casinos. Separately, he was arrested in 2009 and pleaded guilty to accepting illegal kickbacks in his job as an executive with Fry’s Electronics in California. He is now serving a six-year jail term.

The other big gambler in the probe is Zhenil Ye Gon, a Chinese-born Mexican-based businessman, who reportedly transferred $85 million to Sands casinos several years ago. Ye Gon was indicted in 2007 for dealing in illegal drugs, but the charges were dismissed in 2009.

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Reply I know this post will sadden you - turns out Sheldon Adelson lost $150mil on that election (Original post)
LynneSin Dec 2012 OP
mucifer Dec 2012 #1
lonestarnot Dec 2012 #2
MoonRiver Dec 2012 #3
spanone Dec 2012 #4
Tommy_Carcetti Dec 2012 #5
BlueToTheBone Dec 2012 #6

Response to LynneSin (Original post)

Mon Dec 3, 2012, 09:14 AM

1. Wow it's not funny when you think of the amazing things that could have been

done with that money.



But, it's also amazing that with that kind of money he couldn't buy the government he wants.

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Response to LynneSin (Original post)

Mon Dec 3, 2012, 09:16 AM

2. The sponge that soaked up all that dough from the richies was the best part of the last election.

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Response to LynneSin (Original post)

Mon Dec 3, 2012, 09:18 AM

3. I hope it teaches these Rethug billionaires a lesson.

But I seriously doubt it will.

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Response to LynneSin (Original post)

Mon Dec 3, 2012, 09:21 AM

4. the human turd.

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Response to LynneSin (Original post)

Mon Dec 3, 2012, 09:23 AM

5. The house always......loses?

Shadenfreude, sweet schadenfreude.

Maybe he now knows how some of the saps who patronize his casinos feel.

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Response to LynneSin (Original post)

Mon Dec 3, 2012, 10:06 AM

6. It does sadden me! He didn't spend nearly enough

money. He needs to get his wealth down to about a dollar and 20 cents.

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