Feb 1 2011

Romney Outpaced Potential Rivals in 2010 Fund-raising

As the field of Republican presidential contenders slowly begins taking shape, with prospective candidates working behind the scenes to line up financial contributors, the final fund-raising tallies from last year provide a good starting point for 2012.

Mitt Romney, the former Massachusetts governor, raised $4.7 million for his federal political action committee in 2010, more than any of his potential rivals, according to reports filed on Monday with the Federal Election Commission.

Sarah Palin, the former Alaska governor and the party’s vice presidential nominee in 2008, raised $3.6 million for her political action committee. Tim Pawlenty, the former Minnesota governor, raised $2.1 million. And Mike Huckabee, the former Arkansas governor, raised just under $1 million.

The contributions are intended to help elect Republican candidates — and, of course, to help the potential presidential candidates begin compiling a list of friends who can be helpful as they explore bids for the White House. In addition to the federal committees, several of the potential candidates also raise money through a variety of state political action committees, which allows them to increase their fund-raising potential.

Newt Gingrich, the former speaker of the House, raised the most money by far, with his political committee raising $13.7 million. But his organization is established under a different section of the tax code, compared to the federal political action committees, which allows him to accept unlimited contributions.

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Nov 25 2010

Pentagon Warns of Potential Harm from New WikiLeaks Release

A proposed document dump by the whistleblower website WikiLeaks could damage U.S. relations worldwide, the Obama administration has told Congress. WikiLeaks indicated earlier this week that it could soon release sensitive diplomatic records to the Internet, The Associated Press reported Wednesday. “These revelations are harmful to the United States and our interests,” Pentagon spokesman P.J. [...]


Oct 15 2010

TPG and K.K.R. Approach Seagate for Potential Deal

By MICHAEL J. de la MERCED and PETER LATTMAN 12:09 a.m. | Updated The private equity firms TPG and Kohlberg Kravis Roberts have made a preliminary approach to take over the hard drive maker Seagate Technology, people briefed on the matter said Thursday, in what would be the largest leveraged buyout this year. The overture [...]


Sep 24 2010

Louisiana Senate: Vitter-Melancon Race Stays Quiet Despite Fireworks Potential

With less than seven weeks until Election Day, Louisiana’s senatorial race has unfolded in surprisingly tepid fashion. This dearth of drama prevails because the popular Republican incumbent, David Vitter, is expected to handily defeat his Democratic challenger, Congressman Charlie Melancon. (An Aug. 30 Rasmussen poll puts the spread at 54 percent for Vitter to Melancon’s [...]


Sep 24 2010

Louisiana Senate: Vitter-Melancon Race Stays Quiet Despite Fireworks Potential

With less than seven weeks until Election Day, Louisiana’s senatorial race has unfolded in surprisingly tepid fashion. This dearth of drama prevails because the popular Republican incumbent, David Vitter, is expected to handily defeat his Democratic challenger, Congressman Charlie Melancon. (An Aug. 30 Rasmussen poll puts the spread at 54 percent for Vitter to Melancon’s [...]


Aug 24 2010

Chi-X Acknowledges an Approach by Potential Bidder

Addressing rampant speculation that a bidder might emerge for the pan-European share trading platform Chi-X Europe, the company acknowledged Monday that it had received an expression of interest from an unidentified third party. Chi-X said the approach “may or may not lead to an offer for the whole or partial sale of the company.” “Any [...]