Sunday, May 18, 2014

Security Tight at Secretive Democracy Alliance Meeting
Democrats have long railed against the lack of transparency in political funding, but security was airtight this week as a hush-hush network of progressive moneymen and activists held a closed-door conference to map out their plan to shift U.S. policy to the left.

At the elegant Ritz Carlton hotel in downtown Chicago, wealthy donors, Democratic politicians, and representatives from left-leaning activist groups met for a conference hosted by the Democracy Alliance, a progressive donor network that funnels millions of dollars to undisclosed activist groups and political causes....

...A tired-sounding Alan Grayson, who is embroiled in a messy divorce involving bigamy and assault allegations, barked schedule changes into his cell phone in the lounge area, backlit by floor-to-ceiling views of the Chicago skyline.

David Axelrod dined at the hotel’s restaurant Deca, which had a sign outside advertising its $100 grilled cheese sandwich filled with “40-year aged Wisconsin cheddar infused with 24K gold flakes.”...

The Black Book of Tom Steyer
Allegations of fraud plague hedge fund of Democratic super-donor

The former hedge fund of one of the Democratic Party’s most important donors was allegedly involved in a scheme to defraud foreign investors out of tens of millions of dollars, according to documents filed in a Texas court....

...The case, which was dismissed on jurisdictional grounds—the court agreed with Farallon that it didn’t operate in Texas and hence could not be sued there—is being re-examined by the Republican politicians and activists scrutinizing the record of the billionaire and controversial environmentalist, who has pledged $100 million to help Democrats in this year’s midterm elections....