Market Hilights

May 7, 2008 4:30PM

Will Hillary Stay in the Race?

By Alexis Glick

Indiana and North Carolina are now behind us — and, while Senator Clinton won by a small margin in Indiana, she did lose North Carolina by a larger margin than anticipated. This has to be bad news for a campaign that needs money to keep the message alive through the next three primaries: West Virginia (5/13), Kentucky (5/20) and Oregon (5/20).

According to political pundits, Senator Clinton would now need two-thirds of the Super Delegates to win the nomination. The sounds of victory could be heard far and wide in the Obama camp and the calls for a Clinton withdrawal will get louder and more aggressive.

So we decided on Money for Breakfast to talk to the financial brains behind each campaign. How would last night’s results change their game plan going forward? What has worked? What hasn’t worked? Keys to their success? How will they plan to adapt?

Shortly after the interview with Hassan Nemazee, Chairman and CEO of Nemazee Capital Corporation and the Clinton campaign’s fundraising chair, a report revealed that Clinton had loaned her campaign $6.4 million dollars. Not good news! She did this several months ago when she gave the campaign a $5 million dollar loan.

On the other hand the Obama camp is flying high and breaking the mold on the Internet. This morning, Jeh Johnson — Obama National Finance Committee Member — talked about the strength of the Internet, last night’s victory and why Obama hasn’t recently hosted a fundraising New York. Here are a few notable soundbites:

“Obama has raised $234 million dollars from 1.5 million donors.”

“In March he raised $50 million on the internet and did not host one fundraiser in New York.”

Watch the video below:

Part I

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Part II

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1 Response to “Will Hillary Stay in the Race?”

  1. Comment by stephenlee

    Hillary should quit. Obama will be our next president because he is a breath of fresh air. While his ideas might not work, he can do no worse than others who have put us in debt to the tune of 9trillion dollars which our kids will have to pay at some point. Great morning show!

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