Home About Chat Users Issues Party Candidates Polling Firms Media News Polls Calendar Key Races United States President Senate House Governors International

New User Account
"A historical political resource." 
Email: Password:

  Sam Katz in debt after latest run for [Philly]mayor
NEWS DETAILS
Parent(s) Race 
ContributorUser 490 
Last EditedUser 490  Dec 06, 2003 11:10pm
Logged 0
CategoryNews
MediaNewspaper - Philadelphia Inquirer
News DateSaturday, December 6, 2003 06:00:00 AM UTC0:0
DescriptionUndeterred by pre-election polls, Republican Sam Katz went heavily into debt for a massive Election Day operation - the kind that might have gotten him elected had he done it in 1999.

This year, all it got him was deeper into debt.

Katz borrowed $500,000 from a Wilmington bank, guaranteeing the loan personally, to meet his budgets for political advertising and election-day street money. The campaign owes nearly $400,000 more to a variety of vendors, on top of $225,000 that Katz lent personally to his campaign, earlier in the year.
Share
ArticleRead Full Article

NEWS
Date Category Headline Article Contributor

DISCUSSION