National: A Banner Year for ‘Dark Money’ in Politics | Bloomberg
The 2016 presidential campaign seems certain to feature not only more money than any since Watergate but also more money from undisclosed donors since the days when black satchels of illicit cash were passed around. This so-called dark money, or contributions to entities that are not required to disclose their donors, topped more than $300 million in the 2012 presidential race, and some experts believe that the levels may be far higher this time. Among the risks is that foreign money — barred from playing a direct role in the election — could be surreptitiously funneled into the campaign because it could move through channels where it wouldn’t have to be publicly disclosed.