Obama Campaign Targeting Overseas Money

(Politico.com) [Obama's] overseas power centers include London, where high-powered execs like Warner Bros. UK chief Josh Berger and Anthony Gardner of Palamon Capital Partners have promised to deliver as much as $500,000 each to the campaign, and Shanghai, where businessman and Technology for Obama co-chairman Robert Roche has committed to bringing in more than $500,000.

Presidential campaigns have long taken in campaign donations from expats and people living in U.S. territories, but Obama’s campaign is focusing on those donations more than ever.

In 2008, Obama reported having seven bundlers outside the 50 states committed to raising as much as $2.3 million, with the dough rolling in at events like a George Clooney-headlined fundraiser in Geneva, Switzerland. Meanwhile, Sen. John McCain (R-Ariz.) took in $610,000. And in 2004, presidential campaigns took in just under $910,000 total from Americans living abroad. Read The Rest Of The Story