Thanks to Citizens United and other recent rulings, the nation’s ultra-wealthy have a lot more latitude than they did a few years ago when it comes to pouring money into the political system. And, according to the latest campaign filings, they aren’t skimping. During February, Ken Griffin, founder of the hedge fund Citadel, and Henry Kravis, co-founder of private equity giant KKR, each gave $100,000 to the super PAC supporting Mitt Romney, while American Crossroads, the group co-founded by Karl Rove, received $500,000 from the financial services firm S.W. Childs Management Corp.
Super PAC Money: Are State Treasurers Preparing A Novel Attack On Mega-Rich Campaign Donors?