NEW: Ken Griffin gave $2 million to a Loeffler super PAC on…

A month prior, Griffin gave her $1M. The day the sale went through, he gave to her & Perdue's runoff. No evidence of illegality, but Loeffler's conflicts of interest are inescapable: her husband owns NYSE, she used to work in the industry, & sits on the committee that oversees it

What's more, Griffin donated millions to the super PAC even though Loeffler didn't need the money: She was self-funding. (She loaned her own campaign $23 million — compared to raising a total $3.8 million from everyone else in the world not named Kelly Loeffler.)

The only other person to give more to Loeffler than Griffin was her husband — again, who owns the NYSE. And Griffin's $2M donation was the Republican megadonor's tenth-largest of all time. And this was after MONTHS of headlines about Loeffler's stock trades and conflicts.

Next, Griffin threatened to sue Salon for defamation if we pointed out the arrogance and ignorance of Wall Street on full display. Again, after months of headline reporting about this exact senator and this exact issue.

Who is Ken Griffin? Well, he's one of the 50 richest people in America. He runs a hedge fund and a company that executes trades for more than half of the stock listings on the NYSE. That company increased Griffin's wealth by $5 billion this year alone, in the middle of a pandemic

So Griffin threatened to sue if I pointed out the timing. In October, he hired a spokesperson who once ran as a Democrat in NJ & is pretty well known in journalistic circles. Why would a GOP billionaire megadonor hire a known liberal spox just before a Dem administration? 🤔

The irony — this spokesperson had only months before he was hired insinuated that Loeffler and Perdue had literally *committed crimes* with their stock trades, and also attacked Wall Street's greed.

In short, these people have the arrogance to believe, truly believe, that they can do what they want with their money — in fully disclosed campaign donations — and bully journalists into silence when they dare to point out what they did, knowingly and publicly.

lmao https://t.co/L1h13nsNtm

NEW: Ken Griffin gave $2 million to a Loeffler super PAC on Oct. 9, the day after the WSJ reported that his company made a major buyout that needed to be approved by the NYSE, which Loeffler's husband owns. Me @Salon

More from Politics

You May Also Like