So, I previously published the Dept. of Elections filing for a Christina School Board candidate, Valene Harris: https://transparentchristina.wordpress.com/2012/05/30/campaign-finance-filing-csd-school-board-election-582012/
and noticed R. Ted Weschler of Charlottesville, VA donated money to her campaign. He also donated to Joanne Johansen in Red Clay as well. He has made other contributions in the past: http://cfis.elections.delaware.gov/cfisquery/controller?JSPName=CONTRIBUTORSEARCHSELECTED&&frmContactNameText=R.%20Ted%20Weschler&&frmAndSw=0
This post isn’t about those who received that money. No candidate would likely turn down a donation, but rather why is money coming from far away and perhaps what else has been done by that person’s money. Let’s see.
First a snippet about him:
The newest addition to the Berkshire Hathaway investing team came to Warren Buffett’s attention in a surprising way.
By Carol J. Loomis, senior editor-at-large
FORTUNE — It is surely unprecedented for a person to spend $5,252,722 to get a job, but in a funny way, that is precisely what Ted Weschler, of Charlottesville, Virginia, did. The details, in all their improbability:
Warren Buffett announced this morning that Weschler, 50, the highly successful managing partner of hedge fund Peninsula Capital Advisors, will soon join Berkshire Hathaway to run a portion of its investments. That move, added to the hiring of Todd Combs last year, is aimed at preparing investment-rich Berkshire for a day when Buffett, who just turned 81, will no longer be running the company’s investments.
And how did Buffett get to know Weschler? It’s here that fact becomes stranger than fiction.
Every year, Glide, a San Francisco church and mission, is the beneficiary of an auction in which the prize for the top bidder is a private lunch with Buffett.
In the first year of the lunch, 2000, the winner donated $25,000 to Glide. The auction price then proceeded to skyrocket, and in 2010, an anonymous bidder won with an amazing $2,626,311 bid.
Then, this year, a bidder also wishing to be anonymous won by upping that bid by $100, to $2,626,411.
So here, in a state of affairs being disclosed publicly for the first time, is the fact: Weschler was the winning bidder in both years.
Now here is a list of his political donations: http://fundrace.huffingtonpost.com/neighbors.php?type=name_address&lat=38.0894550000&oldest=1&lng=-78.4386690000&lname=WESCHLER&fname=R.&off=0
$50,800 donation to cantor victory fund
Q2-2011$30,800 donation to national republican congressiona$10,000 donation to 7th district republican committe$5,000 donation to every republican is crucial (eriQ3-2011$2,500 donation to robert hurt for congressQ3-2011$2,500 donation to robert hurt for congress$2,500 donation to cantor for congress$2,500 donation to cantor for congressPrevious election cyclesQ4-2009$2,400 donation to rob wittman for congress
Q1-2004$2,000 donation to george w. bush