Follow by Email

Thursday, May 08, 2008

Clinton's Online Funds has slowed

Clinton pledges to fight on despite split primary result
By Patrick Healy and Jeff Zeleny,HeraldTribune


Highlighting the financial woes of Clinton's expensive battle against Obama, campaign officials disclosed that the $6 million in loans she made to her campaign came in three installments since April 11, with the last two payments coming since May 1. Those came after Clinton and her husband Bill extended a separate $5 million loan to the campaign after the Feb. 5 contests.

Hillary Clinton is also willing to put more money into her campaign going forward, said Terry McAuliffe, her campaign's chairman. "Senator Clinton has anted up and is fighting on," he said. Other advisers said in interviews that her campaign was deep in debt and nearly broke, raising questions about what kind of campaign she can run going forward, although the campaign said it was running ads in Oregon and West Virginia.

Clinton advisers said they were concerned that her online fund-raising, which boomed after her Ohio primary victory in March and her Pennsylvania win in April, had slowed by comparison on Tuesday night and Wednesday, and that her donor base was either tightening up somewhat or playing wait-and-see, despite her public appeal for money during her post-primary address on Tuesday night. Unlike her past successes, Clinton aides did not send out near-hourly e-mail blasts bragging about online donations in the 24 hours after the Indiana victory.

Continue Reading

No comments: