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The New York Times > Magazine > Wiring the Vast Left-Wing Conspiracy: "In March of this year, Rappaport convened a meeting of wealthy Democrats at a Silicon Valley hotel so that they, too, could see Stein's presentation. Similar gatherings were already under way in Washington and New York, where the meetings included two of the most generous billionaires in the Democratic universe -- the financier George Soros and Peter Lewis, an Ohio insurance tycoon -- as well as Soros's son and Lewis's son. On the East Coast, the participants had begun referring to themselves as the Phoenix Group, as in rising from the ashes; Rappaport called his gathering the Band of Progressives. More recently, companion groups have come together in Boston and Los Angeles.
What makes these meetings remarkable is that while everyone attending them wants John Kerry to win in November, they are focused well beyond the 2004 election. The plan is to gather investors from each city -- perhaps in one big meeting early next year -- and create a kind of venture-capital pipeline that would funnel money into a new political movement, working independently of the existing Democratic establishment. The dollar figure for investment being tossed around in private conversations is $100 million. "