Million-Dollar Donors Flood Calif. Ballot Props
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Associated Press: Led by California's two largest utility companies, million-dollar donors have contributed more than 40 percent of the nearly $140 million raised so far to support or oppose 11 measures on the state's general election ballot. The parent companies of Pacific Gas & Electric Co. and Southern California Edison have given $27.5 million altogether to defeat Proposition 7. About a dozen individuals also have contributed at least $1 million to ballot measure campaigns this fall, including Arizona billionaire Peter Sperling, who has given nearly $7.3 million to the campaign backing Proposition 7. Clean Energy Fuels Corp., a natural gas company founded by Texas oilman T. Boone Pickens, has given $7.2 million to support another energy-related measure, Proposition 10. And Broadcom co-founder Henry T. Nicholas III has given a total of $5.8 million to support two anti-crime measures, Propositions 6 and 9.
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