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Gingrich's private ventures are going bankrupt

When he entered the race for the Republican presidential nomination in May 2011, Newt Gingrich was the prosperous head of a small empire commonly known as Newt Inc, which included both for-profit consultancies and nonprofit foundations. Altogether, these entwined ventures pulled in more than $110 million over the past decade. Now the vestiges of this empire are mired in debt, as is Gingrich's campaign fund.

 

Biz group to spend more than $50M on elections

Tom Donohue, president of the U.S. Chamber of Commerce, indicated Monday that reports that the business group would spend $50 million on the 2012 elections are too low.

 

22 states join campaign finance fight

Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.

 

Edwards, mistress could still be called to testify

John Edwards

Attorneys for John Edwards indicated Tuesday their case was winding down, but they were not yet saying whether they will call to the witness stand the former presidential candidate or his mistress....

 

Obama raises nearly $15M at Clooney's place

A little political trivia: President Obama says the photo of him on a political poster with the word HOPE comes from an event in which he is sitting next to George Clooney. "We struck up a friendship," Obama told Hollywood donors gathered at Clooney's house last night. "And this is the first time that George Clooney has ever been photo-shopped out of a picture.

 

Obama team knew early of Edwards affair

The testimony tracks with news reports that Obama's campaign had suspicions about Edwards and Hunter early on, and were also astonished that Edwards sought to angle his way into the Attorney General's job, or even the vice presidential slot. It never came close to happening.

 

Analysis: Edwards prosecutors zero in on intent

As prosecutors head into the final week of their case, the issue of John Edwards’ mindset looms large. During week two of the trial, Cheri Young, wife of former Edwards’ aide Andrew Young, along with former Edwards staffers, described a reckless, feckless Edwards who -- thanks to his extramarital affair with campaign videographer Rielle Hunter -- imperiled his campaign, destroyed his marriage and nearly ruined another, that of the Youngs. Time and again, the testimony brought to mind one phrase: What was he thinking?!

Senh: Yeah, exactly. What the hell was John Edwards thinking. Stuff like this only happens in the movies, not in real life.

 

Aide: Edwards called mistress 'crazy'

John Davis, a former personal assistant to John Edwards, testified Thursday about answering a knock on his hotel door and being told by a campaign videographer that she and Edwards were in love.

 

Ex-aide's wife: Edwards said donations for mistress's expenses were legal

John Edwards

The wife of a former campaign aide for John Edwards takes the stand Monday in a federal court in North Carolina where she is expected to detail her role in helping conceal the one-time Democratic presidential hopeful's affair with a videographer.

 

Lawyers argue over using sex tape at Edwards trial

John Edwards

Opposing lawyers in the John Edwards trial wrangled with a judge over whether to admit into evidence a sex tape of the former presidential candidate and allegations of an affair involving an ex-aide who ended a week on the witness stand Friday....

 

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