Sunday, 29 March 2015
Last updated 1 day ago
Apr 17 2012 | 12:09pm ET
Altima Partners' Joseph Carvin hopes to make $174,000 next year, and he's ponied up more than $1 million to do so.
Carvin is seeking the Republican nomination to challenge U.S. Rep. Nita Lowey (D-N.Y.) in her suburban New York Congressional district. And, as promised, he's all but financing his campaign on his own, contributing $1,032,000.
Other donors have given Carvin just $75,000 since he threw his hat into this ring last month, after dropping out of the race for the G.O.P.'s nod to challenge Sen. Kirsten Gillibrand (D-N.Y.)
Lowey, already sitting on an $890,000 warchest, raised $270,000 last month and has more than $980,000 in cash on hand, not much less than Carvin's $1.05 million.
Lowey has not faced a serious Republican challenge in a decade. But her new district is somewhat less favorable to Democrats; it includes fewer of the southern Westchester County communities that generally favor Democrats. President Barack Obama carried the new district, which includes all of Rockland County in addition to portions of Westchester, with 57% of the vote, compared to 62% in the old district.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…