Obama Fundraisers-Turned-Ambassadors
On the heels of a big-money fundraiser hosted by Comcast’s top government affairs executive, Joe Biden’s recently-made-official presidential campaign has announced another ritzy affair, hosted by former Ambassador James Costos. A slew of Barack Obama and Hillary Clinton fundraisers will now raise money for Obama’s vice president, Biden, at Costos’ Los Angeles home on May 8. Biden’s campaign announced a huge $6.3 million fundraising haul in the first 24 hours after he announced his campaign on Thursday, topping first-day totals of presidential contenders Beto O’Rourke and Sen. Bernie Sanders (D-Vt.). The press release only listed the average online donation, $41, but not the average overall donation, which is definitely higher. By some calculations, Biden raised at least $3.3 million offline. It costs $2,800 to enter the May 8 event, and if you raise $10,000, you can become a host. Among the hosts are four major fundraisers for President Obama’s 2012 campaign who were later rewarded with ambassadorships to Denmark, Hungary, Spain, and the United Nations. More
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