ABC News- Despite his vaunted base of small donors, Obama is a favorite among employees of some of the nation’s largest investment banks and hedge funds. One of them, Kenneth C. Griffin, president of Chicago-based hedge fund Citadel Investment Group, gave Obama $4,600 this quarter, the maximum allowed. Other Citadel employees gave him $147,550.
Lehman Brothers employees gave Obama $160,760 this quarter; Goldman Sachs, $103,550; and JP Morgan Chase, $101,950. About half of Obama’s fundraising total for the year comes from about 10,000 donors who have given him the maximum donation.
New York Sen. Clinton has raised $53 million, with $12.6 million of that usable only in the general election. Clinton boosted her revenue in the first quarter by transferring $10 million into her campaign from her Senate election account.
Obama reported $922,000 of debt at the end of the quarter and $16 million in spending for the quarter.
The Clinton campaign said it had spent $12.5 million. Its report had not been filed yet, so the campaign’s debt, if any, could not be determined.
The campaigns had until midnight Sunday to file full financial reports to the Federal Election Commission.
Obama dramatically increased the size of his staff in the second quarter. His payroll went from less than $1 million in the first three months to $3.2 million in the second quarter. The campaign has hired more than 100 staffers and has 29 field offices in Iowa and six in New Hampshire.
