Campaign Correspondence Suggests Giuliani’s Committee Is in a Financial Hole

[RamboLiberal]

Source: NY Times

Winding down a presidential campaign that sputters — like cleaning up after one of those great Hollywood epics that remain unfinished — can be a complicated, joyless task. After the dream dies, there are lots of bills to pay and loose ends to tie up.

A half-dozen senior officials of the Rudy Giuliani Presidential Committee conferred this week on how to wind down their affairs, and at least one piece of their correspondence painted what appeared to be a bleak picture of the dormant campaign’s financial situation.

“We are deeper in the hole than I thought we would be,” John Gross, the campaign’s treasurer, wrote in an e-mail message to several senior campaign aides that was obtained by The New York Times.

“Windown is likely to be less than projected, but travel expenses are higher,” Mr. Gross continued. “We cannot prefer any one creditor. We probably could make a 10% payment to all qualified creditors at this point, but probably not much more.”

Mr. Gross did not reply to e-mail requesting comment on Tuesday night, but a senior campaign official cautioned against reading too much into Mr. Gross’s message. That official, who discussed the campaign’s finances on the condition of anonymity, said that all creditors would be paid and that a report to be filed this month with the Federal Election Commission would show that the campaign had roughly $9 million on hand at the end of January, with about $2 million in debts.



Read more: http://www.nytimes.com/2008/02/13/us/politics/13giuliani.html?_r=1&oref=slogin

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Just like Rudy to stiff them!

[Bicoastal]

1. Rudy's going to have to pay his staffers with $9.11 paychecks...

:rofl:

[Judi Lynn]

2. Maybe they'd consider accepting compensatory stays in the apartment Rudy fixed up ostensibly for the

9/11 rescue workers, which was used, instead, by Rudy's friend, Bernard Kerik, and Fox personality Judith Regan.

[rasputin1952]

3. Have you seen this...The Rudy Store...

http://www.rudy2008store.com/?gclid=CK3Y36iJv5ECFQIglgodxWOEDA

Seems to me they are really hitting the skids...:eyes:

Jeebus...

[NJCher]

4. Get Your Brownshirt Gear Here!

Just what I want from the Rudy Store:


The Rudy Signature Bat

Ideal for beating protestors over the head.



Cher

[rasputin1952]

5. LOL...Great minds think alike!

:rofl:

[LiberalFighter]

6. 7.95 for a yard sign? The designs aren't good either. No wonder he didn't get off the ground.

[rasputin1952]

7. $19.95 for a women's pink BB cap...if that's 50% off...

who would buy a $40 BB cap in the first place...:D