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    Major Obama Bundler Steve Westly Rewarded With Convention Speech

    Venture corporatist Steve Westly benefitted personally and financially from President Obama’s push for green energy after supporting the president with major campaign contributions. Tonight he’ll take the stage in Charlotte, NC, for a high-profile speech. Westly heads up the California-based venture capital firm the Westly Group. He bundled more than $500,000 for Obama’s … More

    Politically Connected VC Firms Double Down on Taxpayer-Backed Companies

    Some highly-connected venture capital firms are upping their investments in green energy companies after those companies received taxpayer backing. A pair of top investment firms have increased their stakes in two companies that benefited from federal “investment.” By 2010, solar company Solexel had received investment from some of the most politically-connected venture … More