Index
RSS Feed
Search
« MORNING MEMOS: Proposed legislation, SCA 22, measure would limit out-of-state freshmen at University of California; Marina del Rey, approval, plan for wetlands park, waterfront pedestrian promenade; analysis, Jerry Brown take hike "won't solve everything".... | Main | POLITICS (National): John Edwards trial, defense rests, "surprised" courtroom hears medical details about Rielle Hunter, Edwards' former mistress, neither Edwards nor Hunter called to the stand... »
Thursday
May172012

POLITICS: Rep. Laura Richardson, Forbes list of politicians with most campaign debt, "dubious distinction" of being only member of Congress on the list....

* Daily Breeze:  "Rep. Richardson makes Forbes list of politicians with most campaign debt" - From the DB:

   South Bay Rep. Laura Richardson had the dubious distinction of being the only member of Congress named as one of the top 10 U.S. politicians with the most campaign debt, according to a list compiled this week by Forbes magazine.

   With $439,785 worth of campaign debt, Richardson's designation is "unusual for amassing such a large backlog of unpaid bills in elections with only token opposition," the business magazine wrote. The three-term congresswoman, whose district includes Carson, was the only person on the list whose debt was not amassed running for president.

   In a statement released Wednesday, Richardson said half of the debt was accumulated during the 2007 special election that brought her into office following the death of Rep. Juanita Millender-McDonald. Expenses incurred during the 2008 and 2010 election cycles have been paid, she said. The other half of the massive debt came from legal expenses that accumulated during an ethics investigation. . . . . . . . .

   ****

   Richardson is one of several state and federal Democratic candidates whose campaign funds were allegedly embezzled by treasurer Kinde Durkee, who was arrested last September.........