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Clinton Campaign Owes More than 2 Million to Mark Penn

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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:12 PM
Original message
Clinton Campaign Owes More than 2 Million to Mark Penn
Man, talk about a bad decision in hiring:


Posted: Thursday, February 21, 2008 9:23 AM by Domenico Montanaro
Filed Under: 2008

We are learning more details of the candidates' January fundraising and spending. Clinton ended with debt of more than $7 million; Obama raised $36 million compared to Clintons' $13.6 million. The Clinton debt does NOT include the $5 million personal loan. "But even that money is illusionary when measured against the reported $7.6 million in debts.

More than $2 million of the red ink is owed to chief consultant and adviser, Mark Penn. But the lengthy laundry list of IOUs also includes unpaid bills ranging from insurance coverage, phone banking, printing and catering at events in Iowa, New Hampshire and California."

-snip

http://firstread.msnbc.msn.com/archive/2008/02/21/687849.aspx
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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:14 PM
Response to Original message
1. Her supporters will take care of it
DOn't worry. They paid that 5 mill loan off very quickly
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:17 PM
Response to Reply #1
6. we'll see after tonight ....and I happily support her
Edited on Thu Feb-21-08 01:23 PM by ElsewheresDaughter
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Lerkfish Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:21 PM
Response to Reply #6
14. I think einstein is hitting himself in the head too hard
:)
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 02:40 PM
Response to Reply #1
35. Well, they bloody well should
after all the crap they spew to carry her bilgewater.
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islandmkl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:15 PM
Response to Original message
2. they haven't paid him yet?...
well, at least, so far, they've gotten their money's worth!
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:16 PM
Response to Reply #2
4. Now we know why he is still on board despite his incompetence and poor standing
among Dems and the media.
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samdogmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:41 PM
Response to Reply #2
32. Penn's gotten $4.5 million so far--I think the promise was $6 million +
Gotta wonder what the money bought? What a waste! It would have been better spent supporting a food bank or a shelter--maybe even could have garnered good publicity and some votes!
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 02:41 PM
Response to Reply #2
36. And they can't fire him so
they're stuck between mark and hard place.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:15 PM
Response to Original message
3. Maybe she is staying in now to gather donations to pay off campaign debt.
Wouldn't be the first time a campaign did that. If she puts up only a few ads and doesn't increase her ground crew significantly in Ohio and Texas in the next few days, then that is DEFINITELY what she's doing.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:19 PM
Response to Reply #3
8. I hope you are right but I have felt lately like her personal attacks were
sounding similar to a certain p(R)esident-If I can't win then I'll ruin it for everyone (ie the Dem Party)
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K Gardner Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:22 PM
Response to Reply #8
15. Exactly
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:22 PM
Response to Reply #8
16. That could be in hope that Obama loses in Nov. and she runs ItoldyouonlyClintonswin
in 2012. And some Dems will probably be stupid enough to believe that.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:24 PM
Response to Reply #16
20. or when he wins will she attempt to sabotage for a run in 4 years (think of what the DLCers
are doing to the current Dm congress)
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Debi Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:33 PM
Response to Reply #20
29. Or her and Bill's behavior during Kerry's 2004 run. n/t
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Hieronymus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:30 PM
Response to Reply #8
25. It seems that way ..
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:17 PM
Response to Original message
5. If I were a Clinton supporter I'd head to her website and max out my credit card....
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:20 PM
Response to Reply #5
10. Why? n/t
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:23 PM
Response to Reply #10
18. To prove my undying loyalty to the rightful heir to the throne of course.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:20 PM
Response to Reply #5
12. please tell me the sarcasm was too obvious to be noted.
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:25 PM
Response to Reply #12
21. Mark Penn must be paid! It's important, damn it.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:27 PM
Response to Reply #21
23. Thanks for the clarification.
sometimes I'm slow from info overload :blush:
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mikelgb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:17 PM
Response to Original message
7. what a waste of money
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bigbrother05 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:19 PM
Response to Original message
9. Well, now we know why the
strategy is not working, he hasn't been paid.:shrug:
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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:20 PM
Response to Original message
11. But she'll be ready to lead on Day One!
It's Day 2+ I'd worry about. She selects her people about as well as Chimpy!
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K Gardner Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:23 PM
Response to Reply #11
17. Ready on Day One.. and not ONE DAY SOONER !!
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:21 PM
Response to Original message
13. Shouldn't that be the other way around...
...considering all of the *excellent* advice he's given them.
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book_worm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:24 PM
Response to Original message
19. they should bill him for mismanaging her campaign.
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Stephanie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:30 PM
Response to Reply #19
26. He wasn't the campaign manager.
Patti Solis Doyle and HRC are responsible for the financial mismanagement.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:32 PM
Response to Reply #26
28. Then BAD campaign strategy!
Edited on Thu Feb-21-08 01:32 PM by mod mom
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loveangelc Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:26 PM
Response to Original message
22. Sad.
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Infinite Hope Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:28 PM
Response to Original message
24. Overpaid...wow. So $12.6 million in debt. When I hear how she raised money after Feb. 5th, I just...
think "yeah, but you have a $5 million loan to repay." Turns out it's $12.6 million. Pathetic financial situation...she needs a month's worth of fundraising just to repay her debts and she needs it at a time when her fundraising is going to decrease due to lack of wins.
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:31 PM
Response to Original message
27. Wow, if this is how she's running her campaign
Do we really want her running the country? I would say no, we're already in too much debt already.
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Debi Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:35 PM
Response to Reply #27
31. Agreed - Obama has $1 million in recent debts - and the funds to pay it off
and is raising more $$ daily. I think I like his money management skills a little better than his opponent.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 01:34 PM
Response to Original message
30. I think Obama should pay off Clinton's debt to Mark Penn...
...after all, Obama has a lot of extra cash to throw around.

...and few people have been so instrumental to Obama's success as Mark Penn.


;-)
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golddigger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 02:12 PM
Response to Original message
33. Obama owes $10 million to axelrod...
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COFoothills Donating Member (216 posts) Send PM | Profile | Ignore Thu Feb-21-08 02:34 PM
Response to Original message
34. She should get a refund n/t
If Mark Penn was my dinner in a restaurant I would send it back.
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