Tuesday, March 25, 2008

McCain Repays Controversial Bank Loan

Related Posts: Why Does the DNC Want to File a FEC Complaint Against John McCain?, Loan May Prohibit McCain from Exiting Public Campaign Financing System, John McCain Requests Withdrawal from Presidential Election Financing System, McCain Took Out $3 Million Loan to Finance Campaign, McCain Campaign Exceeds Spending Limit

  • John McCain's campaign raised $11 million in February.
  • $923,000 of the funds were used for a payment towards the bank loan he took out in November.
  • A campaign official now reports the entire loan was paid off in March.

Sources: http://online.wsj.com/article/SB120607246339654371.html?mod=googlenews_wsj, http://www.boston.com/news/nation/articles/2008/03/21/mccain_had_8_million_at_start_of_march_pays_back_debt/

Related Posts: Why Does the DNC Want to File a FEC Complaint Against John McCain?, Loan May Prohibit McCain from Exiting Public Campaign Financing System, John McCain Requests Withdrawal from Presidential Election Financing System, McCain Took Out $3 Million Loan to Finance Campaign, McCain Campaign Exceeds Spending Limit

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