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The U.S. Supreme Court's Citizens United decision unleashed the specter of unlimited corporate political donations in U.S. elections. So far, however, it's mostly rich individuals doing the donating.

New York, NY--Demos views the mortgage servicing deal reached today between a coalition of state Attorneys General and 5 major Wall Street banks as an important stepping stone in the effort to secure justice for homeowners victimized by the foreclosure crisis.

A new report from two public-interest groups confirms fears "that the cash for big-ticket campaign spending like TV advertising is increasingly controlled by an elite class of super-rich patrons not afraid to plunk down a million bucks or more for favored candidates and causes."

The mortgage servicing deal reached today between a coalition of state attorneys general and five major Wall Street banks is an important stepping stone in the effort to secure justice for homeowners victimized by the fraud and abuse behind the foreclosure crisis.

It’s no secret that super PACs skew toward the wealthy set. However, a new study from Demos (editor's note: Demos is The American Prospect's publishing partner) and U.S. PIRG highlights how few people are running the money game this election cycle and how secret some of their contributions can be.

Washington, D.C. – Today U.S. PIRG Education Fund and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.

One of the effects of the Supreme Court's Citizens United decision is that it allowed corporations to give unlimited amounts to independent expenditure political action committees capable of supporting or opposing political candidates.

But a new report from the non-profit group Demos shows that the majority, 55.6 percent, of donations to super PACs in 2010 and 2011 still came from individuals rather than for-profit entities.

A joint analysis by Demos and US PIRG released today takes a detailed look at the increasing (and deleterious) impact that so-called Super PACs are having on elections in the United States.  Super PACs are independent political action committees that can accept unlimited and often undisclosed financial contributions from donors to campaign for or against candidates or issues during an election.

Super PACS “represent much of what is wrong with American democracy rolled neatly into one package,” said Marites Velasquez of Illinois PIRG, announcing a new report showing that fundraising monsters suddenly dominating our elections are funded by a very small number of very rich people.