Business

Obama releases list of top money ‘bundlers’

admin Contributor
Font Size:

WASHINGTON (AP) — President Barack Obama’s re-election campaign identified its top fundraisers on Tuesday, including 61 people who each raised at least half a million dollars. Altogether, the more than 440 fundraisers collected at least $75 million to help Obama win a second term.

Among them are embattled former New Jersey Gov. Jon Corzine. Obama’s campaign and the Democratic National Committee late last year returned $70,000 in contributions from Corzine and his wife following questions about the collapse of MF Global, the financial firm Corzine ran.

Corzine is no longer raising money for the re-election, campaign officials said.

The campaign divided the list into four groups based on how much money donors raised: $50,000-$100,000, $100,000-$200,000, $200,000 to $500,000 and those who raised more than $500,000 apiece.

The donors represent a broad network of contributors, many of them longtime Democratic Party stalwarts.

The list includes two fundraisers linked to Solyndra LLC, the California solar company that received a $528 million federal loan and then later declared bankruptcy, prompting a federal investigation. Steve Spinner, an Energy Department adviser, raised at least $500,000 and Steve Westly, a venture capitalist who was an unpaid adviser to the department, raised between $200,000 and $500,000.

The disclosure came as Obama headed back out on the money trail, speaking Tuesday night at two high-dollar fundraisers in the Washington area where donors paid $35,800 per ticket to see him. At an event at the posh St. Regis Hotel, the president told donors that Republicans have “the wrong vision for America,” though he didn’t mention any of his opponents by name or reference the voting under way in Florida, where polls were closing in the state’s GOP primary.

Obama said voters needed to know “that this is not an abstract ideological argument, that this is a practical concrete argument,” and that the election is about whether they’ll be able to find a good job with a living wage and get health care for their families. “They’ve got to feel that we are actively advocating on their behalf.”

Obama’s campaign ended the year with more than $81 million in the bank, but Republicans are gearing up in the race for the White House.

The Republican National Committee collected $27 million during the final three months of 2011, compared with $23 million by the DNC. In December, the RNC raised $11.6 million while the DNC collected $8.8 million.

Through the end of 2011, the RNC had $20 million in the bank and $13 million in debt, while the DNC held $12.5 million in cash on hand and $6.5 million in debt.

Though Obama rejects contributions from lobbyists, his top fundraisers include individuals involved in the business of influencing government.

Michael Kempner, among those who raised more than $500,000, is president and CEO of MWW Group, a public relations firm with a large lobbying business. Kempner himself is not a registered lobbyist.

Sally Susman, another fundraiser in the $500,000-plus category, is executive vice president for policy, external affairs and communications at Pfizer Inc., a job that includes directing the pharmaceutical giant’s government relations operations.

California figured most prominently on Obama’s roster of big money “bundlers.” Sixteen are from California and 13 are from New York.

Top fundraisers include movie producers Jeffrey Katzenberg and Harvey Weinstein, and Vogue editor-in-chief Anna Wintour. Actress Eva Longoria was in the second highest tier, bundling $200,000 to $500,000 for Obama’s re-election.

___

Associated Press writer Erica Werner contributed to this report.

___

Online:

Obama campaign fundraiser list: http://www.barackobama.com/pages/volunteer-fundraisers-Q4

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel