dollar dollar bill y'all
Mo' Money Mo' Problems
Donors hoping to gain favor with newly elected Mayor Bill de Blasio had one last chance to fill his coffers before his administration kicked into high gear. They took advantage of the opportunity.
New and loyal backers pumped more than $2 million into Mr. de Blasio’s transition effort, new campaign finance filings show. And with Mr. de Blasio already elected, it perhaps isn’t surprising that many of those offering last-minute backing have a financial stake in his administration.
hey big spender
Brooklyn District Attorney Charles “Joe” Hynes, who is continuing to run for re-election despite a bruising primary loss, has poured thousands of dollars into his fellow politicians’ coffers while serving as D.A.–despite a rule barring him from endorsing candidates.
As it begins, so it ends.
Former Gov. Eliot Spitzer has shelled out hundreds of thousands of dollars on sophisticated Obama campaign-style micro-targeting and get-out-the-vote efforts, hiring a small army of staffers instead of exclusively relying on volunteers, to boost turnout in tomorrow’s polls.
According to city Campaign Finance Board records, Mr. Spitzer has spent just over $300,000 on get-out-the-vote efforts over the past five days.
A consultant’s report released today by the city’s Campaign Finance Board suggests the problems with City Comptroller John Liu’s mayoral campaign may have extended far beyond the findings of a federal investigation that resulted in the convictions of a fund-raiser and the campaign’s former treasurer.
I want candy
Despite speculation that Gov. Eliot Spitzer’s sudden jump back into politics would drag Anthony Weiner’s name back into the mud, his campaign appears to be getting off to a good week.
The former congressman, who is now leading the polls in the mayors race, raised an impressive $828,886 dollars over the past two months, according to new disclosures filed with the city’s Campaign Finance Board earlier today.
Money money money
All of the major mayoral candidates have been spending cash at a relative steady clip; but no other candidate has managed to do so as fast as billionaire supermarket magnate John Catsimatidis. The self-financed Republican has spent a whopping $880,000 since he entered the race, including $615,332 in bills over the past two months.
President Barack Obama returned to the city this afternoon for a trio of star-studded fund-raising events.
Mr. Obama’s first stop was the West Village home of movie producer Harvey Weinstein and his wife, fashion designer Georgina Chapman, where about 65 people paying between $16,200 and $20,000 gathered around tables draped in white linen to hear the president speak.
Although federal authorities announced the contractor who headed the controversial CityTime automated payroll project will pay over $500 million in restitution, which will largely to to the New York City’s coffers, Mayor Michael Bloomberg said the sudden cash infusion won’t be a budget panacea.
“We start out for the year after this with something like a 3 billion dollar deficit projected, so this will help close that,” Mr. Bloomberg said while simultaneously cautioning the budget will be one “where we have to make choices of ‘either or.’”
Republican National Committee Chairman Reince Priebus is demanding President Obama return $500,000 in campaign contributions Jon Corzine raised on his behalf now that the FBI is reportedly investigating the collapse of Mr. Corzine’s hedge fund brokerage, MF Global.