Obama Intelligencer 2008 September 26

Campaign Spending and Fundraising
Obama’s campaign raised $66 million in August and has $77 million in the bank, but this is little compared to the goal of $200 million. From a funding point and party coordination point of view, Obama was hurt by the long battle for the Democratic nomination (Cummings, Groppe).

Financial Markets
In light of recent concerns over the financial markets, Obama has called for increased oversight of banks and streamlining of federal regulations over financial institutions (Schroeder).

Sources
Cummings, J. (2008 Sept. 14). Obama needs more cash to reach goals. Politico on CBS News. http://www.cbsnews.com/stories/2008/09/15/politics/politico/main4448530.shtml, accessed 2008 Sept. 16.

Groppe, M. (2008 Sept. 22). August tops for McCain, Obama fundraising. Indianapolis Star. http://www.indystar.com/apps/pbcs.dll/article?AID=/20080922/NEWS05/80922039, accessed 2008 Sept. 26.

Schroeder, R. (2008 Sept. 15). Wall Street crisis spurs talk on campaign trail. Market Watch. http://www.marketwatch.com/news/story/mccain-obama-urge-reform-wall/story.aspx?guid=%7BEB116219-02C3-4C44-9C94-34BF5B366A4A%7D&dist=msr_1, accessed 2008 Sept. 16.