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Jon Stewart on the Epic Fox News Election Night Meltdown

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Kragar11/08/2012 3:00:09 pm PST

Buyer’s remorse setting in:

GOP Mega-Donor: These Super PACs Are So Secretive!

…at least one highly visible Republican mega-donor is wondering whether his money was spent the way he wanted it to be. The problem, retired mutual fund executive Foster Freiss told The Los Angeles Times for an article published Thursday, has to do with transparency.

“You have no idea of the financial structuring of a lot of these outside groups in terms of how much went to the actual delivery of a message,” Friess said, “versus how many dollars were taken off as fees to the people running them.”

Friess told the Times he’d ideally like a change to campaign finance rules that would allow donors like him to give their big checks directly to candidates. Nevertheless, having just spent $5 million on a losing effort doesn’t make Friess think the giving to outside groups is going to slow.