Mitchell Wade and Iran
Wade and the two partners, who have been large contributors to Republican political campaigns, formed the Iranian Democratization Foundation in April 2004, according to incorporation papers filed in Washington.
The timing coincides with a push by opponents of the theocratic regime in Tehran to appropriate more money for democracy programs.
In November 2004, Congress approved spending $3 million to promote democracy in Iran. Secretary of State Condoleezza Rice last month asked Congress for a large boost in funding, to $75 million.
Absent an assist from Cunningham, you have to assume that Wade was canny enough to know where to look to find a new source of crony earmark funds.
UPDATE: We'll more like backdated. TPM has more on Wade's plans for Iran.