Renaissance Technologies Exec Donates $1M to Pro-Romney Super PAC

Robert Mercer is the co-CEO of RenTech.

A top Renissance Technologies executive has donated $1 million to a super PAC supporting presidential hopeful Mitt Romney's campaign, according to a report published Tuesday on Bloomberg.com.

Robert Mercer, the co-CEO of the East Setauket-based hedge fund, also donated $1 million to Restore Our Future in 2011. He was also the main funder of Concerned Taxpayers of America, a pro-Republican super PAC, in 2010.

The super PAC funding has enabled Romney and his allies to take a financial lead over President Barack Obama, according to the report.

Click here to read the full story from Bloomberg.com.

Michele McTernan August 23, 2012 at 02:00 AM
Renaissance wouldn't be where it is today without a public university, the type of organization that would suffer under Romney's brand of Republican leadership. There's a huge disconnect there.
Reality Check August 24, 2012 at 10:49 AM
...there is no disconnect. Renaissance gives back in so many ways, Frye and Simons especially as founders have done more for SBU than any government handout could possibly do.... Mercer's decision to support Romney speaks VOLUMES as to what these educated minds are thinking....that we need a change for after all, THEY built Renaissance, not Obama!!!
Kay August 31, 2012 at 06:16 PM
Who has in the past and present from Renaissance and other large firms in the 3 Village area have donated to the Democratic Party and Obama's Campaign and Obama's Super Pac. Three Village patch has not reported this information in the past, unless I missed it. The simple fact that Mitt Romney is receiving volumes more in donations then Obama, indicates Americans are putting their money where they think it will do the most good, as in a Change of Leadership..Another Reality Check..
Matt G October 10, 2012 at 01:09 AM
While Mercer has donated 1 million (pro Romney), Simons has donated 2 million (pro Obama). http://reporting.sunlightfoundation.com/outside-spending/committee/priorities-usa-action/C00495861/


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