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New 'super PACs' help 2016 mega-donors customize their political clout

New 'super PACs' help 2016 mega-donors customize their political clout

For discerning, super-wealthy donors looking for a distinctive way to advertise clout, the 2016 presidential election offers a new perk — their own specially tailored "super PAC." Political professionals working on behalf of Texas Sen. Ted Cruz and for former Texas Gov. Rick Perry, both Republicans, have set up multiple super PACs with nearly identical names, all in the interest of catering to the wishes of the well-heeled, particularly the moguls willing to write seven-figure checks. The idea is to convince these donors they will have a measure of control over how their money is spent. "Whether they have $5,000 or $5 million, they want to be able to participate in...

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