This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Obama Takes on Clinton's Debt

Presidential candidate Barack Obama (D., Ill.) reportedly has agreed to ask his supporters to help retire the debt of former rival Hillary Clinton (D., N.Y.).

According to reports from the Associated Press, Obama has asked his largest campaign bundlers to do all they can to help Clinton, who was forced into debt to compete with the donation-rich Illinois senator. Obama has not yet asked for help from small donors, many of whom have donated online.

Obama has pledged to help with at least $10 million of Clinton's debt.

According to the Center for Responsive Politics, Clinton's debt amounts to $22,523,860. Much of that debt was funded from a personal fortune she and husband Bill Clinton amassed from books and speaking arrangements after President Clinton left the White House. Hillary Clinton announced plans to pay off vendors prior to personal loans.

Clinton's fundraising team has already begun coordinating efforts with Obama's campaign. Many expect his campaign to raise anywhere between $300 million and $500 million to face Sen. John McCain (R., Ariz.) in the general election, surpassing the record totals from the 2004 election. Obama opted out of public financing last week.

Clinton and Obama plan to campaign together Friday in New Hampshire. Bill Clinton publicly endorsed Obama earlier in the week.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $128.85 -0.39%
FB $80.22 0.77%
GOOG $574.01 0.06%
TSLA $199.85 0.15%
YHOO $43.86 2.90%


DOW 18,084.76 -118.61 -0.65%
S&P 500 2,097.44 -10.34 -0.49%
NASDAQ 4,967.0720 -12.8290 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs