Elizabeth Warren ended Senate campaign in debt despite record fund-raising

[Playinghardball]

Elizabeth Warren – who knows a thing or two about debt and bankruptcy – disclosed today that she has a surprising debt of her own to pay down.

Even after raising a whopping $42 million for her Senate race this year - more than any other congressional candidate in the country – the senator-elect from Massachusetts told her supporters that her campaign does not have enough cash to pay its bills.

In an e-mail, the Harvard Law professor - considered one of the nation’s preeminent scholars of American debt - asked for donations to help her wash away the red ink.

Warren did not say how much debt she needs to pay down, but blamed the shortfall in part on the thousands of volunteers who flocked to her campaign, saying “that meant even more last-minute coffee and pizza.”

“One of the results of our embarrassment of riches was, well I’ll come out and say it - we ended up with a little bit of debt,” Warren wrote. “Everyone, we need a little more money to pay off our final bills. Can you help one more time?”

http://www.boston.com/politicalintelligence/2012/12/05/elizabeth-warren-ended-senate-campaign-debt-despite-record-fund-raising/MyG97UUyotVS7AZtpq03PI/story.html

[Larkspur]

1. She's worth it!

[madokie]

2. I'm tapped out from giving to President O

If I could I would give to Elizabeth. After all she is a fellow Okie and someone who has and will continue to make us all proud (-:

My hope is she will be on Hillary's ticket come 2016

[Mass]

3. Did she really blame this on volunteers? Hard to believe!

[gcomeau]

5. It was tongue in cheek. -eom

[Mass]

8. Well, I'd be curious to know how much money she needs.

[arthritisR_US]

9. Oh come on, she wasn't blaming volunteers

she was talking of an unforeseen expense.

[Mass]

10. She got $42 million and I certainly already gave more than I could afford.

I think she could have the common decency when she asks for money to show some transparency. How much is the campaign in debt?

Anyway, I'm done.

[msongs]

4. wall street lobbyists will gladly help her on this issue....for a price.

after all, a close look at congress would likely show a cabal bought and sold by wall street lobbyists already

[annabanana]

7. I sure would rather that WE

pay off this debt.

I'm so glad she's there, a coupla bucks won't hurt.

[Nye Bevan]

6. She's worth about $15 million.

http://www.huffingtonpost.com/2012/01/27/elizabeth-warren-wealth-income_n_1237607.html

If she only needs "a little" money, why does she need to request donations?