Monday, February 6, 2012

Crossroads 'super PAC' drew large checks from nicely-heeled backers - chicagotribune.com

Reporting from Washington—





American Crossroads, a  tremendous PAC  started in element by GOP strategist Karl Rove, acquired $18.4 million about the earlier year from some effectively identified, effectively-heeled individuals.
For example, $seven million arrived from Dallas billionaire Harold Simmons ($5 million from Simmons personally and $two million from his privately held organization)  $five hundred,000 was documented from Crow Holdings, operate by Dallas genuine estate baron Harlan Crow One more $five hundred,000 came from Kenny Troutt, a billionaire communications government also primarily based in Dallas.




A coal industry management organization, Alliance Conduite Holdings, gave $425,000, according to the late-night time filing. The end of the year tally  included $one hundred,000 from Sam Zell, whose attributes incorporate the Tribune Co., operator of the Los Angeles Instances and the Chicago Tribune, between other papers.
The financial disclosure forms, submitted Tuesday night time, did not go over cash lifted by the non-gain affiliate of American Crossroads,  Crossroads GPS. The GPS organization does not have to disclose its donors simply because it is a 501(do)four  &ldquosocial welfare&rdquo business.
The two Crossroads organizations have so much attracted $51 million for the duration of the earlier calendar year, and might increase as considerably as $300 million ahead of the standard election subsequent November. Although shaped only two years in the past, the Crossroads organizations have presently turn into dominant inside of the Republican party, swooping in to battleground races with remarkable accomplishment in 2010, usually outspending candidates and events.

Also notable on the donor listing: $250,000 from Janet Duchossois, whose husband Craig Duchossois is the CEO of the Toronto Maple Leafs Jerseys Illinois-primarily based Duchossois Group. The group&rsquos portfolio, valued at $2 billion, includes Churchill Downs, the historic racetrack that hosts the Kentucky Derby.

The group put in $3.5 million in 2011 and entered the election 12 months with $fifteen.6 million on hand.
melanie.mason@latimes.com
tom.hamburger@latimes.com



report=2012-02-06data


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