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Firm gives $1 million to pro-Romney group, then dissolves

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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-04-11 09:05 AM
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Firm gives $1 million to pro-Romney group, then dissolves
By Michael Isikoff National investigative correspondent
NBC News
updated 8/4/2011 6:01:38 AM ET

A mystery company that pumped $1 million into a political committee backing Mitt Romney has been dissolved just months after it was formed, leaving few clues as to who was behind one of the biggest contributions yet of the 2012 presidential campaign.

The existence of the million-dollar donation — as gleaned from campaign and corporate records obtained by NBC News — provides a vivid example of how secret campaign cash is being funneled in ever more circuitous ways into the political system.

The company, W Spann LLC, was formed in March by a Boston lawyer who specializes in estate tax planning for “high net worth individuals,” according to corporate records and the lawyer’s bio on her firm’s website.

The corporate records provide no information about the owner of the firm, its address or its type of business.

Six weeks later, W Spann LLC made its million-dollar donation to Restore Our Future — a new so-called “super PAC” started by a group of former Romney political aides to boost the former Massachusetts governor’s presidential bid. It listed its address as being in a midtown Manhattan office building that has no record of such a tenant.

More: http://www.msnbc.msn.com/id/44011308/ns/politics-decision_2012/#.TjqlmGGwXNY
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-04-11 09:06 AM
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1. recommend
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alcibiades_mystery Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-04-11 09:11 AM
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2. "Free speech," according to the fascist assholes on the Supreme Court
Every rich fucker can now do this sort of end run around the already absurdist legalized bribery - er...campaign finance - laws. This is just the pilot stage; watch for this kind of shell company bribery to reach into the tens of millions and above. It would cost me less than a hundred dollars and less than four days of filing time to set up an LLC or similar entity, pump money into it, write large checks to various candidates, and dissolve the entity. In fact, you don't even need to dissolve it. In this case, they dissolved the entity just to make it as in-your-face as possible, perhaps to provoke a Federal Elections Commission action which would similarly be struck down by the conservative owned and operated courts.

And y'all want to see a GOP nominate somebody like Scalia, Roberts, etc. when Ginsburg retires?

Some folks just like pain, I guess.
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cbdo2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-04-11 09:11 AM
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3. This has got to be some kind of fraud.
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Ragrum Donating Member (65 posts) Send PM | Profile | Ignore Thu Aug-04-11 09:13 AM
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4. Kleptocracy
Sad, so sad...circling the drain...
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-04-11 09:13 AM
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5. I like the campaign ad that this will sprout
"Received campaign cash from a money-laundering firm..."
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