Word: tohmatsu
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Dates: during 1999-1999
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...campaign against soft money--which is given to the party rather than to specific candidates--is being aided by an unlikely new interest group, big donors. Corporate leaders are starting to balk at a system that many view as little more than a party-led protection racket. Deloitte Touche Tohmatsu International, which gave more than $225,000 in the '98 election cycle, mostly to the G.O.P., is likely to cease giving soft money this fall after a vote by its board of directors, predicts chairman Ed Kangas. Several other large companies are expected to do the same. About 100 corporate...