Hillary has $24 million cash on hand for primaries

[Herman Munster]

http://www.forbes.com/feeds/ap/2007/04/15/ap3613884.html

Hillary Rodham Clinton banked a daunting $24 million for the Democratic presidential campaign at the end of the first quarter even as rival Barack Obama outraised her in a display of fundraising prowess.

Clinton, the senator from New York, raised $19 million for the primary election, trailing Obama, who reported raising $24.8 for the primary.

Obama reported $18.2 cash on hand for the primary.

John Edwards raised $13 million for the primary, placing him third in fundraising among leading Democrats. He reported $10.7 million in the bank at the end of the quarter.

Clinton's cash on hand received a big boost from a $10 million transfer from her Senate campaign account and from surprisingly low spending during the first three months of the year. She reported operating expenses of $5 million, with about one-fifth of it spent on staff salaries.

[Colobo]

1. Wrong, she's got $19 million for the primaries so far

[Herman Munster]

3. no

Cash on hand is all that matters.

How much do you have in the bank for the primaries?

Hillary $24 million
Obama $18.2 million

[Canuckistanian]

2. And most of those dollars came with strings attached

And do we know who owns her now?

[Boojatta]

4. I know some people don't trust banks, but that's going too far.

She really shouldn't keep that much cash on hand. Why doesn't she put some of that cash into short-term non-bank investments? Not only will she earn some interest, but the money will be safer.

(Sorry, but I'm on a roll as captain literal tonight.)

[Herman Munster]

7. people with that kind of money in banks

get money market interest rates. She's getting 5% minimum.

[ProgressiveAmPatriot]

5. Here we go again... flame away n/t

[still_one]

6. looks like I will have to make another contribution to Obama /nt

[Tierra_y_Libertad]

8. $24 million would go a long way if given to charities.

Which is why we don't give to politicians who'd rather talk about helping people rather than actually doing so.