04/11/2009
that's one way to spend your money, i guess
Bloomberg, a former Republican who ran this time as an Independent, spent more than $85 million of his personal fortune on the race — dwarfing the amount Thompson raised — the most cash dispensed for a self-financed campaign ever. This brings the total amount he’s spent for three terms to a quarter of a billion dollars — a drop in the bucket for Bloomberg who is estimated to be worth more than $16 billion. […]
[Last night’s] race was so close in New York that NBC News, after calling the race for Bloomberg, had to retract its call. It wasn’t until more than 96% of the vote was in that the Associated Press called the race for Bloomberg who leads with 50.5% of the vote to Thompson’s 46.2%. That’s nearly $20 million a percentage point. (ezra)
Text posted at 10:58
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