The Auction Blog
Big-Dollar Dependency
BY Sarah Laskow | July 16, 2008
Bundlers raised more than half of John McCain’s presidential campaign dollars, but are responsible for just one-fifth of Barack Obama’s campaign chest, USA Today reports.
Keep It: It’s My Gift to Me
BY Caitlin Ginley | July 16, 2008
Mitt Romney will not seek donations to help pay off his personal campaign loans, The Boston Globe reports. The $45 million Romney gave to his failed presidential bid — the most ever by a candidate in primary campaign — will be “reclassified” as a contribution.
Perfect Match
BY Caitlin Ginley | July 16, 2008
The Federal Election Commission has approved matching funds for six presidential candidates. Democrats Joe Biden, Chris Dodd, John Edwards, and Dennis Kucinich, Republican Duncan Hunter, and independent Ralph Nader will receive more than $7 million collectively for their campaigns, bringing the total of matching funds approved for the 2008 election to about $26.7 million.
A Good Day for “Ms. Bud”
BY Taylor Rausch | July 15, 2008
Cindy McCain is cashing in on InBev’s buyout of Anheuser-Busch, The New York Times reports. The nation’s third-largest A-B distributor, Hensley & Company, is expected to gain $1 million to $2 million from the sale. Outside of her executive role at Hensley, the McCain clan will also gain from her other personal stocks and those owned by her children.
Future Ambassadors
BY Sarah Laskow | July 14, 2008
Stephen and Kimmy Brauer, John McCain’s hosts tomorrow at a St. Louis fundraising reception and dinner, are familiar with the rewards of fundraising. Stephen was a Pioneer-level donor for President Bush, who appointed him ambassador to Belgium in 2001.
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