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December 2, 2008 11:10:16 AM CST



Barack Trumps Hillary in Battle for Primary Cash

Posted Apr 16, 07 7:47 AM CDT in Politics Glossies 

(Newser) – Barack topped Hill in the primary fundraising race, figures released yesterday showed, and New York mag knows why: Obama has not only won over some key Clinton-family loyalists, but culled a new generation of fortysomething donors with ample assets and Rolodexes to match. The result is Obama's $24.8 million primary war chest, which bests Hillary's by nearly $6 million.

Hillary's campaign comes across as a steamroller, defecters say, while Obama has charmed a flock of New York's biggest bundlers, from relative newbie investment banker Robert Wolf—who has already raised $500K—to longtime Clintonite Orin Kramer. "The market has mispriced him,” Kramer told friends of Obama. “The street thinks he’s a 5-to-1 underdog, but I think he’s undervalued.”

Source New York

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Presidential candidates Sens. Barack Obama and Hillary Clinton.   (Getty Images (by Event))
A smiling, life-sized sculpture of Barack Obama with a blue neon halo circling his head is seen, Monday, April 2, 2007, in Chicago. The work by School of the Art Institute of Chicago senior David Cordero,...   (Associated Press)
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