Among the recent large donors to Mitt Romney’s Super PAC Restore Our Future are still more corporations “not easily connected to a specific executive or even business,” Nicholas Confessore writes in a February 20 New York Times blog post. LittleSis has found that two of these new Romney backers, neither of whom the Times looked at in depth, derive their wealth from predatory, high-interest lending practices such as car title and payday loans. Both have drawn scrutiny for aggressively pursuing repayment, and both have records of making targeted political contributions to protect the laws that allow them to collect triple-digit interest from their mostly poor customers.
Super PAC Watch: Romney Mystery Donors Include Prominent Predatory Loan Execs
By Ben • Feb 22, 2012 at 15:31 EST