A so-called dark money group has disclosed for the first time a list of contributors who fought President Obama in the 2012 election and it includes at least one Oklahoma City oil and gas company.
The filing by the nonprofit group, Americans for Job Security revealed how Devon Energy contributed millions against President Obama’s re-election effort. The group had claimed it was not a political organization and didn’t have to disclose its donors. But after years of fighting in court, another group called Citizens for Responsibility and Ethics convinced the Federal Election Commission that Americans for Job Security was a political group.
In last week’s filing that covered contributors from 2010 to 2012, the list showed Devon Energy had given $3 million to unseat Obama.
The first Devon contributions were on May 1, 2012. The list showed Devon Energy contributed $1 million and Devon Energy Production Co. gave $1 million.
On August 7, 2012, Devon Energy contributed $500,000 while on August 8, 2012, Devon Energy Production Co. gave $500,000.
The biggest individual donor to the group appears to be Charles Schwab, the brokerage titan worth an estimated $7.8 billion. Over the span of three months in 2012, he donated nearly $9 million. Gap cofounder Doris Fisher—along with her sons Robert, John and William—gave another $9 million according to Forbes.
Forbes reported at least 20 billionaires made up the “dark money” group that opposed Obama.
The biggest individual donor to the group appears to be Charles Schwab, the brokerage titan worth an estimated $7.8 billion. Over the span of three months in 2012, he donated nearly $9 million. Gap cofounder Doris Fisher—along with her sons Robert, John and William—gave another $9 million.
Click here to read entire Forbes article.