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Fund Raising

BUSINESS
July 21, 2011 | By Joe Flint, Los Angeles Times
Looking to build some good will with British lawmakers, News Corp. said it would no longer pay legal bills for Glenn Mulcaire, the private investigator convicted in 2007 of hacking into phones for the media giant's now closed News of the World tabloid. In a statement, News Corp.'s Management and Standards Committee, the media company's in-house watchdog, said it had decided to "terminate any arrangement to pay the legal fees of Glenn Mulcaire with immediate effect. " That News Corp.
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NEWS
July 15, 2011 | By Matea Gold
The long-shot nature of Rick Santorum's presidential bid was underscored Friday when the former U.S. senator from Pennsylvania revealed his fund-raising haul from the last quarter: a paltry $582,000. Santorum spent $353,000, leaving him with just $229,000 on hand, according to documents his campaign filed with the Federal Election Commission . Just under a quarter of the donations he received were in increments less than $200. Not surprisingly, the largest share of his money -- $161,000 -- came from Pennsylvania.
NEWS
May 25, 2011 | By Peter Nicholas, Washington Bureau
President Obama's Jewish fund-raising network is trying to calm uneasy donors who fear that his blueprint for Middle East peace would jeopardize Israel’s security.  Although Obama's core fund-raising volunteers aren’t panicking, they say his outline for a peace deal has created unexpected obstacles that make it more difficult to meet short-term fund-raising targets. Obama laid out his vision of a Middle East peace accord in two addresses over the last week: a major speech Thursday and then a kind of do-over before the powerful pro-Israel lobby AIPAC on Sunday.
NEWS
March 8, 2011 | By James Oliphant, Washington Bureau
NPR is distancing itself from remarks made by a fund-raising executive who said the American "tea party" movement is a comprised of "white, middle-America gun-toting" and "seriously racist, racist" people. The comments, apparently made by Ron Schiller, NPR's exiting vice president for development, were recorded in a "sting" set up by conservative activist James O'Keefe, best known for mounting a similar prank on ACORN. They came as part of a recent lunch in Washington Schiller had with two men posing as members of the "Muslim Action Education Center," a fictitious organization the men claimed had ties to the "Muslim Brotherhood of America.
BUSINESS
December 1, 2010 | By Tom Petruno, Los Angeles Times
Los Angeles-based mutual fund giant American Funds took 80 years to create just 30 fund portfolios. Now it's launching three funds in the span of three months. The sudden burst of activity has raised eyebrows in the investment business because it comes as American Funds continues to suffer cash outflows from its bread-and-butter stock funds, which for decades had been among the industry's most popular with small investors. With the public largely turning its back on U.S. stocks since 2008, American's new funds will offer investors more of what they've wanted for the last two years: bonds.
NATIONAL
November 30, 2010 | By David G. Savage, Tribune Washington Bureau
The Supreme Court announced Monday it will hear a challenge to Arizona's public funding of state campaigns, setting the stage for a ruling that could doom efforts to limit the impact of private money in elections. The court's decision next year will be the latest in a series of campaign-funding law rulings, in which the conservative majority has struck down both state and federal laws while saying that that free speech calls for free spending in politics. In January the justices struck down the 63-year-old federal law that barred businesses and unions from funding election ads. Good-government reformers have held out the hope that taxpayer funding of campaigns could keep candidates focused on the interests of ordinary voters, rather than on the special interests of their big donors.
NEWS
October 4, 2010 | By Michael A. Memoli, Tribune Washington Bureau
With just four weeks remaining, Democrats are banking on their congressional majorities being saved by two main factors: money and an uncertain effort to return to the polls the thousands of the infrequent and first-time voters who helped put Barack Obama into the White House in 2008. The Democratic National Committee announced Monday that the party had raised $16 million in September, its best fund-raising month of the 2010 election cycle and one of the best by either party for any midterm year.
NEWS
October 1, 2010 | Michael A. Memoli, Tribune Washington Bureau
Former Alaska Gov. Sarah Palin will offer a major boost to the Republican National Committee in the final weeks of the midterm campaign, with a starring role at two major fund-raisers in California and Florida, a party source confirms. The first of two "Victory 2010" events is set for Oct. 16 in Anaheim. Ticket prices range from $20.10 for advance purchases, $90 for a reserved seat, or up to $1,000 to attend a reception with Palin that includes a photo opportunity. The second rally, one week later, is in Orlando, Fla. Palin has been a one-woman political force in 2010, backing dozens of Republican candidates ?
IMAGE
September 5, 2010 | By Ellen Olivier, Special to the Los Angeles Times
"What a Pair!" organizers Jody Price and Ruth Stalford paired up with "the beer chicks," Christina Perozzi and Hallie Beaune, and the Library Alehouse in Santa Monica on Tuesday for a class in "Beer Pairing 101. " "What a Pair!" is an annual musical revue, slated for Sept. 25, that features celebrity duets and benefits breast cancer research at the John Wayne Cancer Institute . Over a seven-course dinner, Perozzi and Beaune, authors of "The Naked Pint: An Unadulterated Guide to Craft Beer," gave a course-by-course description of the different styles of beer — explaining why, for example, Allagash White beer goes with ricotta cheese and Rodenbach beer complements chocolate.
NATIONAL
April 6, 2010 | James Oliphant
Republican National Committee Chairman Michael Steele, who is already under attack for his handling of party finances and lackluster fundraising, is facing a new threat to his leadership: an independent GOP group spearheaded by some party luminaries that will compete for campaign dollars. Steele shrugged off calls for his resignation Monday, but then handed his critics perhaps even more ammunition by suggesting that he was being held to a higher standard because he is the first African American to lead the party.
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