This clip is a great follow up to the clip we saw in class today about Stephen Colbert setting up his Super PAC. In this clip, Colbert’s lawyer advises him that sometimes corporations might not want their name associated with a political contribution. His lawyer then helps him set up a 501(c)(4) Delaware corporation that does nor have to disclose its funders. This is also known as dark money.
At the end of the clip, Colbert’s lawyer admits the difficulty in discerning the different between this process and money laundering. What are your thoughts? Should this be a legal process?
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