For years, researchers have reported on the market success of companies that invest heavily in lobbying, so a small California-based investment firm decided to offer a chance for its investors to benefit from that success.
Between 2011 and 2013, the state Board of Elections made 164 referrals to district attorneys across the state for excessive corporate campaign contributions. Not a single prosecution resulted, however, prompting the board to stop sending referrals. Meanwhile, corporations continue to regularly make contributions in excess of the $5,000 annual limit.
Campaign finance package agreed to with Legislature off to a weak start.
Homeless shelter operator Isaac Leshinsky holds $168 million in city contracts — and his operation is about to get one more
Barnes & Noble founder Leonard Riggio exceeded Campaign Finance Board limit more than tenfold
New donors include Wall Street giant Maurice Greenberg and civil-service unions
An office with small power lures big taxpayer financing, $4 million and counting
Cuomo pitches public funding of campaigns and tougher limits on donations