A Republican fundraiser held May 20 at the Riverside home of State Sen L. Scott Frantz reportedly raised about $1.5 million to support GOP Presidential Candidate Mitt Romney's campaign.
In addition, Sen. Frantz — who is well known for his fundraising activities on behalf of the Republican Party — and three other Greenwich investors, Chris Shumway, Paul Tudor Jones and Stephen Zide, have contributed a combined $1.5 million to Restore our Future, a Super PAC supporting Romney, according to a report in the Hartford Courant titled "Greenwich: Ground Zero For Campaign Cash."
The article by the Courant's Christopher Keating also refers to a recent fundraiser at the Greenwich home of investor Leonard Tannenbaum that was attended by Party-endorsed Candidate For U.S. Senate Linda McMahon, NBA Basketball star Grant Hill, and Founder and President of Greenlight Capital David Einhorn, among other "movers and shakers," however it does not say when the event took place or how much was raised.
The Romney campaign has thus far raised an estimated $8 million in Connecticut, with much of it raised in Greenwich, according to the report.
Meanwhile "Democratic fundraising in Connecticut has been anemic when compared with the 2008 cycle," Keating writes.
Helping to boost GOP fundraising to record figures this cycle is the recent Citizens United v. Federal Election Commission U.S. Supreme Court decision, a controversial ruling which allows US corporations to make unlimited donations to political campaigns via Super PACs.
a small group of protestors from the recently-formed “99% Spring” group of Stamford gathered along US Route 1 in Riverside during the May 20 fundraiser. They were there not so much to protest the fundraiser per se, but rather to call on the political candidates to reverse Citizens United and end big money control of the political process, according to group organizer Jonathan Tunik.
