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Tag Archive: Maine

Stealthy Wealthy: A Texas donor plays state PACs

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W.E. "Ed" Bosarge Jr. isn't a household name, but the $2 million he gave in federal contributions and the $1.2 million more he chipped in to state level political action committees--much of it in his home state of Texas--in the 2011-2012 election cycle have made him well known to politicians. So well known, in fact, that a pair of bills pending in the Texas House or Representatives would commend him and his wife Marie Taylor Bosarge on their accomplishments.

A financial wizard who got his start working flight control systems for Saturn rockets, Bosarge has interests beyond ...

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Stealthy Wealthy: Donald Sussman, Rep. Pingree make strange bedfellows

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In the five or so years since hedge fund manager Donald Sussman and Rep. Chellie Pingree, D-Maine, have known each other, the investment tycoon has made his mark in her state, becoming its top political donor in 2012 and a major backer to Democratic super PACs. He's also found ways to bankroll her campaign, while buying a controlling interest in the local papers that cover her district.

Sussman, the billionaire manager of boutique hedge funds which manage about $8 billion in assets, married Pingree in 2011. She's the former president of campaign finance watchdog Common Cause. In his ...

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