Mystery Firm Donates Record $5.3M to GOP PAC

Biggest corporate donor of 2012 cycle

By Matt Cantor,  Newser Staff

Posted Nov 5, 2012 11:33 AM CST

(Newser) – A somewhat murky outfit called Specialty Group has become the election's biggest corporate donor, handing $5.3 million to a conservative super PAC over the course of 10 days last month. But that's about all anyone knows about the company, founded just a month ago and based in Knoxville, Tenn. Its business address is a private home, it lacks a website, and its lawyer—the only name linked to the company—has a disconnected phone number, NBC reports. A look at some of the other big-time super PACs and corporate donors:

  • The second-biggest corporate donor is Oxbow Carbon, owned by William Koch, brother of David and Charles.
  • Third is Contran, a firm owned by Texas donor Harold Simmons.
  • Chevron is something of a rarity among Fortune 500 groups who are also major donors; it gave $2.5 million to a group linked to John Boehner.
Some 85% of corporate cash went to Republican-allied groups, while 11% went to Democrat-affiliated organizations. But the biggest donations have come from businesspeople's personal coffers.

This Oct. 30, 2012 file photo shows people voting early at the Salt Lake County Government Building in Salt Lake City, ahead of the Nov. 6 election.
This Oct. 30, 2012 file photo shows people voting early at the Salt Lake County Government Building in Salt Lake City, ahead of the Nov. 6 election.   (AP Photo/Rick Bowmer, File)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
40%
1%
4%
11%
16%
28%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment