Education Reform Now Dumps $2.1M Into Newark Super PAC To Defeat Ras Baraka
Just yesterday the Star Ledger reported on the intriguing campaign finance issues swirling around the Newark mayoral race.
According to ELEC filings, between April 11, 2014 and May 1, 2014, DFER aligned Education Reform Now, has poured over $2 million dollars into the Super PAC Newark First.
As I wrote yesterday, on April 11th (the same day the money started rolling in) Joe Williams, Education Reform Now President and DFER Executive Director, sent out a rallying cry for Jeffries.
The $2.1 million from Education Reform Now is certainly the largest donation to Newark First, but it's just the tip of the iceberg in terms of the hedge fund/investment bank/education reform juggernaut that has been unleashed in this mayoral race.
The Mack family alone, lead by ex Morgan Stanley CEO and current Cuomo advisor John Mack, has donated $172,000 to Newark First. Multiple donations have come in from Jenna, Stephen and John Mack, ranging from as little as $5,000 to as much as $126,000, between March 27,2014 and April 25, 2014.
Lee Ainslie, CEO of Dallas, TX hedge fund Maverick Capital, kicked in another $26,000, bringing the total contributions from the financial sector to Newark First to $198,000.
And this is just the money that went into the Super PAC! What about the money donated directly Mother Crusader: Education Reform Now Dumps $2.1M Into Newark Super PAC To Defeat Ras Baraka:
On the other side of the city, Baraka charged that Jeffries was hiding the identity of his donors through an independent expenditure group — Newark First — which records show has raised more than $1.3 million from a handful of donors,including an $850,000 contribution from Education Reform Now, a politically active education reform organization. (emphasis mine)But it looks like they may not have dug deep enough.
According to ELEC filings, between April 11, 2014 and May 1, 2014, DFER aligned Education Reform Now, has poured over $2 million dollars into the Super PAC Newark First.
As I wrote yesterday, on April 11th (the same day the money started rolling in) Joe Williams, Education Reform Now President and DFER Executive Director, sent out a rallying cry for Jeffries.
Looks like they were able to shake loose a little more than $10. $2,099,990 more to be exact.Joe Williams made his pitch on the DFER website on April 11th, touting Jeffries' "reform cred."Raised by his grandma in Newark’s South Ward, Shavar has dedicated his career to helping kids as president of the city’s Boys and Girls Club, head of Newark’s School Advisory Board, and founding board president of TEAM Academy Charter. Yet despite his reform cred, he remains in a close race leading up to the May 13th election. His opponent, Ras Baraka, promises to undo progress made during Cory Booker’s tenure, and has $ pouring in from the Newark Teachers Union endorsing his campaign.Donate just $10 to Shavar by clicking here. (emphasis mine)
The $2.1 million from Education Reform Now is certainly the largest donation to Newark First, but it's just the tip of the iceberg in terms of the hedge fund/investment bank/education reform juggernaut that has been unleashed in this mayoral race.
 |
| Jenna, John, Christy and Stephen Mack |
Lee Ainslie, CEO of Dallas, TX hedge fund Maverick Capital, kicked in another $26,000, bringing the total contributions from the financial sector to Newark First to $198,000.
And this is just the money that went into the Super PAC! What about the money donated directly Mother Crusader: Education Reform Now Dumps $2.1M Into Newark Super PAC To Defeat Ras Baraka:
