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(s)Elections
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Title: Emanuel says he's collected $11.8 million
Source: Trib
URL Source: http://newsblogs.chicagotribune.com ... -106-million-by-years-end.html
Published: Jan 20, 2011
Author: Kristen Mack, Ray Gibson and David Kidwe
Post Date: 2011-01-21 14:30:35 by Prefrontal Vortex
Keywords: None
Views: 42
Comments: 1

Emanuel says he's collected $11.8 million

Rahm Emanuel's campaign today reported raising $10.6 million. The former North Side congressman also transferred $1.1 million from his federal campaign fund, giving him nearly $11.8 million.

He spent $3.45 million, leaving him with $8.3 million to start the year, according to his campaign disclosure filed with the Illinois State Board of Elections.

Emanuel received $2.6 million in $100,000 chunks, the bulk of which - $1.2 million - came from Chicago private equity investment houses including Citadel Investment Group, Aragon Global Management, Grovesnor Capital Management, and others.

Emanuel also collected $100,000 checks from some Hollywood heavyweights like producer David Geffen, Fox Family Network CEO Haim Saban and William Morris Endeavor agent John Fogelman. Ari Emanuel, the candidate’s brother, is the CEO of William Morris, one of Hollywood's largest talent agencies.

For years, there were no limits on how much anyone could contribute to campaigns in Illinois but following the scandal that brought down ex-Gov. Rod Blagojevich, lawmakers and Gov. Pat Quinn imposed campaign restrictions that affect state and municipal races. They took effect Jan. 1.

The law limits individual contributions to $5,000 each for primary and general elections, while corporations and unions can give up to $10,000 an election. Political action committees cannot donate more than $50,000 per election.

Gery Chico raised $2.3 million through Dec. 31, according to reports filed today. He has since reported another $98,000 in contributions over $1,000 – for a total of $2.39 million raised. He had $2 million on hand to start the year.

Among Chico’s largest contributors were Bo Zhang, the chairman of American Electronic Products, who gave the candidate $30,000 and Patrick Ryan, the former chairman of Aon, who wrote Chico a $25,000 check.

Chico also received $25,000 from Symon Garber, the president and CEO of Chicago Carriage Cab Co. But the candidate gave the money back to Garber, who is facing millions of dollars in city fines for illegally putting salvaged cars on the street as cabs.

Chico returned nearly $50,000 in contributions. That includes $5,000 returned to Richard Simon, a cleaning company executive, and $1,500 back to Chicago United Industries, a city vendor.

City Clerk Miguel del Valle said he'd be running the lowest-budget campaign and his report proved him right. He raised $110,000 through Dec. 31. His campaign said he's collected another $40,000 in contributions since then.

Carol Moseley Braun had not yet filed her report. The deadline is midnight.

Moseley Braun trails in Chicago mayoral campaign fundraising

Former U.S. Sen. Carol Moseley Braun is trailing in campaign fundraising in the race for Chicago mayor.

Disclosure reports filed with the Illinois State Board of Elections show Braun raised nearly $446,000 but only had a bit more than $164,000 left to start the year.

Braun is behind former White House chief of staff Rahm Emanuel, who collected $11.8 million and had $8.3 million on hand; and former Chicago Board of Education President Gery Chico, who raised $2.4 million so far and had $2 million on hand. But Braun also slightly trails little-known candidate Patricia Van Pelt-Watkins, a community activist. Van Pelt-Watkins reported raising $500,000, including a $57,408 in personal loans. She had more than $361,000 left as of Jan. 1.

Van Pelt-Watkins got $296,000 from Joseph L. Stanford, a West Side pastor with Ambassador for Christ Ministries. That includes a $280,000 donation on Dec. 29.

With new limits on contributions kicking in at the start of the year, it will be tougher for candidates to raise large amounts at once. The law limits individual contributions to $5,000 each for primary and general elections, while corporations and unions can give up to $10,000 an election. Political action committees cannot donate more than $50,000 per election.

Braun's top donor is investment guru John Rogers, who has donated at least $100,000. Rogers is the former husband of White House social secretary Desiree Rogers who left the Obama administration last year. He is a frequent donor to Democrats.

U.S. Rep. Bobby Rush gave Braun $25,000. Herbert Hedgeman, a motel owner, donated $35,000 and developer Elzie Higginbottom donated $29,000. Timothy Rand, who runs a liquor business, donated $25,000.


Poster Comment:

So, like, how many actual Chicagoans have donated to Rahm?

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#1. To: Prefrontal Vortex (#0)

Our "foreign Aid For Israel" at work.

"Satan / Cheney in "08" Just Foreign Policy Iraqi Death Estimator

tom007  posted on  2011-01-21   20:19:24 ET  Reply   Trace   Private Reply  


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