Reuters: Analysis: Financial titans rally to Romney's cause

[highplainsdem]

http://www.reuters.com/article/2012/02/01/us-usa-campaign-spending-romney-idUSTRE8100L420120201

(Reuters) - Whenever Republican U.S. presidential candidate Mitt Romney has been down and in need of an enforcer, one has been there.

Restore Our Future, the independent "Super PAC" that supports Romney's campaign, has been a machine of destruction in the race for the Republican presidential nomination, swamping Republican rival Newt Gingrich with attack ads each time he has seemed to threaten Romney's frontrunner status.

Until late on Tuesday, the engines behind the PAC - its donors - were largely secret.

But the group's financial reports to the Federal Election Commission (FEC) reveal that private equity executives, hedge fund managers and other financial heavyweights are key contributors to the fundraising juggernaut that Restore Our Future has become.

-snip-

The article goes on to identify some of these financial titans: three hedge fund managers who gave a million dollars each, a chairman of a healthcare private equity fund who gave half a million and had another fund he owns or manages (it shares an address with the fund he's chairman of) give another half million, hundreds of thousands of dollars from a few Goldman Sachs employees. Fourteen individuals gave at least a quarter million dollars each to Romney's super PAC.

The plutocracy, backing a plutocrat, determined to keep the 99% from having any significant power.