Wealthy Cruz Donor’s Firm Pours Millions Into Clinton Campaign

Discussion in 'Politics' started by kyredneck, May 10, 2016.

  1. kyredneck

    kyredneck
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    "Renaissance Technologies, a hedge fund founded by billionaire James Simons, donated over $13 million to Sen. Ted Cruz’s failed presidential campaign, through President Bob Mercer. For a guy who’s supposed to be pretty smart with his money, the ROI on that one has got to sting. Nevertheless, now that Mr. Cruz is out of the race, Mr. Simons’ Rennaissance Technologies has begun pouring millions of dollars into Hillary Clinton‘s campaign, as the hedge fund has donated over $2 million to Ms. Clinton so far this election cycle. Euclidean Capital—also owned by Mr. Simons—has given the Clinton campaign over $7 million in contributions, and the figures are likely to increase as Ms. Clinton slowly transitions her attention from Democratic Primary opponent Bernie Sanders to the presumptive Republican presidential nominee, Donald Trump......

    ......A number of deep-pocketed elite have given up trying to buy off Republican politicians in order to support Ms. Clinton—the only establishment-friendly candidate of either party remaining in the race. In response, the Clinton campaign has assembled a group dubbed “Republicans for Hillary” to reach wealthy GOP donors. Ms Clinton not only shares over 60 of the same donors with the former Republican candidate Jeb Bush but is also making new efforts to court additional Bush family donors...."
    http://observer.com/2016/05/wealthy-cruz-donor-pours-millions-into-clinton-campaign/

    Anybody surprised?
     
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  2. InTheLight

    InTheLight
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    Surprised that a hedge fund manager CEO is hedging his bets on his pick for the next President?

    Um....no.
     
  3. kyredneck

    kyredneck
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    ".....Ms. Clinton—the only establishment-friendly candidate...."

    I wonder how that's going to work out for her.
     
  4. 777

    777
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    Yep, I don't know what to make of this yet. It could be just that Simons is just a big Democrat but Mercer (his successor) was a Cruz supporter, so this company ended up just straddling all the bases. But what doesn't sit so well to me is that both of these guys owe billions to the IRS for allegedly illegal offshore trades.
     
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