Wyly Brothers and 2000 Election
The first use of a 527 organization to channel a large sum of money into the election process has been attributed to the billionaire Wyly brothers of Texas. They "played an instrumental role" when helping their desired candidate, Texas Republican George W. Bush, via a $2.5-million advertising campaign they financed using a 527 organization.
Read more about this topic: 527 Organization
Famous quotes containing the words brothers and/or election:
“Men and women are brothers and sisters; they are not of different species; and what need be obtained to know both, but to allow for different modes of education, for situation and constitution, or perhaps I should rather say, for habits, whether good or bad.”
—Samuel Richardson (1689–1761)
“Now that the election is over, may not all, having a common interest, re-unite in a common effort, to save our common country?”
—Abraham Lincoln (1809–1865)