NY Times: Bloomberg Spent $102 Million to Win 3rd Term

[marmar]

Campaign finance reform....Now !!!! :argh:



Bloomberg Spent $102 Million to Win 3rd Term

By MICHAEL BARBARO
Published: November 27, 2009


To eke out an election victory over the city’s low-key comptroller, Mayor Michael R. Bloomberg spent $102 million of his own fortune — or about $174 per vote — according to data released Friday, making his bid for a third term the most expensive campaign in the city’s history.

Mr. Bloomberg, the wealthiest man in New York City, shattered his own records: He poured $85 million into his campaign in 2005 (or $112 per vote) and $74 million into his first bid for office in 2001 ($99 per vote).

And the $102 million tab is likely to rise, because the mayor has not yet doled out postelection bonuses to campaign workers, which have routinely exceeded $100,000 a person in years past. That spending will not be reported until after his inauguration in January.

Mr. Bloomberg has now spent at least $261 million of his own money in the pursuit of public office, more than anyone else in the United States. ...........(more)

The complete piece is at: http://www.nytimes.com/2009/11/28/nyregion/28spending.html?_r=1&hpw