fundraiser

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Bush, in Unguarded Moment: 'Wall Street Got Drunk'

President says the 'hangover' will take some time to cure

(Newser) - President Bush has a new analogy about the nation's financial meltdown. "There is no question about it. Wall Street got drunk," the president said at a Houston fundraiser after asking audience members to turn off their video cameras. "That's one reason I asked you to turn off...

Rangel's Fundraising for 'Me' Monument Questioned

Solicits cash from firms linked to his panel

(Newser) - New York Rep. Charles Rangel has raised eyebrows with fundraising efforts for a new center Republicans labeled his “Monument to Me.” After securing a $1.9 congressional earmark, Rangel is soliciting money from firms affected by his House Ways and Means Committee to build the Charles B. Rangel...

Bernie Mac's Act Too Salty for Obama

Comedian earns rebuke for his racy jokes at fundraiser

(Newser) - Bernie Mac landed in hot water for making off-color jokes about women while introducing Barack Obama at a Chicago fundraiser yesterday, reports the Chicago Sun-Times. His last quip—which had the word "ho's" in it—drew complaints from a heckler. When Obama came on, he chided the comedian playfully....

Mac Supporter's Firm Funded Colombian Terrorists

Lindner's Chiquita also trafficked in arms

(Newser) - A billionaire who co-hosted a $2 million party for John McCain last week paid almost as much to a Colombian paramilitary group through his former company, the Huffington Post reports. Under Carl Lindner, Chiquita funneled $1.7 million to AUC, a group the US deems a terrorist organization—and one...

Red Cross Disaster Fund Is Broke

As economy wreaks havoc with donations, relief agency down 'to zero'

(Newser) - The American Red Cross, reeling from dealing with catastrophic floods in the Midwest, is facing its own disaster as it runs out of money to pay for relief aid. The charity has raised just $3.2 million to pay for shelters, food, and other costs—a fraction of the $40...

Giuliani Will Stump for GOP, for a Price

Rudy wants a cut of fundraising proceeds to pay off campaign debt

(Newser) - Rudy Giuliani has offered to appear at fundraisers for cash-strapped Republican candidates but with strings attached, the New York Times reports. The former New York mayor wants a cut of the proceeds to go towards paying off his presidential campaign's $3.6-million debt. The debt includes a $500,000 personal...

Obama Moves to Clean Up DNC Money Machine

Opens fundraisers to press; lobby groups barred from giving

(Newser) - Barack Obama moved today to make his campaign more transparent, in keeping with his theme of bringing change to Washington. Obama will open all his fundraisers to the press, Politico reports. He’s also cleaning up his party’s fundraising efforts; starting today, the Democratic National Committee, like Obama’s...

Shakira Shakes Cash Loose for Charity
Shakira Shakes Cash Loose
for Charity
May 18, 2008 11:30 AM CDT

Shakira Shakes Cash Loose for Charity

Pair of star-studded shows take on Latin American poverty

(Newser) - Shakira, Ricky Martin, and dozens of other Spanish-speaking pop stars performed at simultaneous fundraising concerts in Mexico City and Buenos Aires yesterday, reports the LA Times. “It is doable, we can really eradicate poverty,” said the Colombian singer, whose shows benefited Alas, a charity that helps Latin America's...

Obama Slammed for Calling Small Towners 'Bitter'

Candidate described small towners as 'bitter'

(Newser) - Barack Obama is catching flak for comments made to an audience of wealthy Californians about small towners, Reuters reports. Talking about people in towns where jobs have vanished, the candidate said, "It's not surprising they then get bitter, they cling to guns or religion or antipathy toward people who...

Elton Gives Hillary $2.5M Boost
 Elton Gives Hillary $2.5M Boost 
Apr 10, 2008 7:11 AM CDT

Elton Gives Hillary $2.5M Boost

Brit rocker blames misogynistic attitudes for his girl's fall

(Newser) - Elton John may not be able to help out with his vote, but the aging British rocker was happy to boost Hillary Clinton's campaign by playing a fundraiser, the AP reports. "I've always been a Clinton supporter," John told the audience. "There is no one more qualified...

GOP Nod Sure, McCain Hitting Big-Money Trail

Key Bush donors needed to keep pace with Dems' machine

(Newser) - John McCain has wrapped up his party’s endorsement—but not its money machine, the New York Times reports. McCain faces a tough task in winning over the so-called “Pioneers” and “Rangers,” donors who chipped in $274 million for George W. Bush in 2004. Over half haven’...

Pa. Governor a Risky Ally for Clinton

Blunt, gaffe-prone Rendell could make or break campaign

(Newser) - Ed Rendell could be Hillary Clinton’s greatest asset in Pennsylvania—or he could explode in her face, Politico reports. Pennsylvania’s governor is popular and authentic, and he knows how to raise money and find the state’s voters. But Rendell shoots from the hip, and often hits his...

Clinton Funders Might Resort to Outside Ads

Legal issues unclear; meanwhile, McCain nabs top Bush-backer

(Newser) - Concerned about Hillary’s wallet, some big Clinton funders may resort to running ads on her behalf through independent organizations, the Wall Street Journal reports. Several, including Esprit founder Susie Tompkins Buell, are exploring the move, which would require them to sever ties with the campaign. Even if they did,...

Hsu Hit With Another Fraud Suit
Hsu Hit With Another Fraud Suit
Sep 22, 2007 11:03 AM CDT

Hsu Hit With Another Fraud Suit

California investors say he swindled them and coerced contributions

(Newser) - In the latest legal woes to befall disgraced fundraiser Norman Hsu, a California investment company filed a lawsuit yesterday claiming he defrauded investors out of $23 million and demanded political contributions as a prerequisite for doing business. The allegations come a day after the feds filed criminal complaints against Hsu,...

Hsu Swindled Investors of $60M: Feds

'Ponzi scheme' bizman sought to be part of celeb campaign circuit

(Newser) - Businessman Norman Hsu swindled $60 million from investors across the country and made illegal campaign contributions to Hillary Clinton and others, federal prosecutors say. In a criminal complaint unsealed in Manhattan yesterday, the feds say Hsu broke US election law by reimbursing some of the political donors who participated in...

Hsu's Life Spent on the Run
Hsu's Life Spent on the Run
Sep 8, 2007 10:52 AM CDT

Hsu's Life Spent on the Run

Fallen Dem fundraiser's past checkered with bankruptcies, fraud, a kidnapping, and more

(Newser) - Fallen and fugitive, Norman Hsu was disowned last week by the very Democrats who thrived on his mysterious largess when details of a 1992 grand theft charge emerged. But the Journal reports that charge wasn't unique to a man whose past is filled with bankruptcies, sketchy investments, a string of...

Dem Moneyman May Be on the Lam Again

New warrant issued for Hsu after California court no-show

(Newser) - A top Democratic fundraiser is in more trouble after failing to appear in a California court today for a bail hearing, the San Francisco Chronicle reports. A judge revoked Norman Hsu's $2 million bail and issued a new warrant for his arrest. “It could be a mistake, somehow, on...

Jerry Lewis Raises Record $64M
Jerry Lewis Raises Record $64M
Sep 4, 2007 7:17 AM CDT

Jerry Lewis Raises Record $64M

Eclipses last year's total by $3 million to help fight Muscular Dystrophy

(Newser) - Comedian Jerry Lewis certainly didn't take the day off: his 42nd Labor Day telethon yesterday pulled in a record $64 million for the Muscular Dystrophy Association. "We did it. We did it. We can go shopping," enthused the 81-year-old showman after pulling in $3 million more than last...

Feds Probe Hsu for Using Mail Carrier's Family

Fundraiser may have funneled donations through others

(Newser) - The Feds are probing claims that top fundraiser Norman Hsu used a mail carrier and his family to donate to the Dems, the Wall Street Journal reports. Officials suspect that Hsu reimbursed the family for their donations, which were similar in amount and timing to Hsu’s. Hsu denies the...

Clinton Will Regift Fugitive Fundraiser's Donation

Major Dem contributor is a wanted man

(Newser) - Hillary Clinton will give away $23,000 she received from a major Democratic fundraiser who has turned out to be a wanted fugitive. Norman Hsu has raised or donated more than $1 million in recent years, but California prosecutors says he disappeared in 1992 after pleading no contest to a...

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