Schwarzenegger Shell Game
Governor collects $1,727,766 over last week, nears $6 million mark
Gov Money Line -No. 10 - February 2, 2004
www.RecallMoneyWatch.com
A Product of California Common Cause
www.commoncause.org
IN THIS EDITION
SCHWARZENEGGER SHELL GAME
YES ON PROP 49 COMMITTEE REPORT FILED
GOVERNOR COLLECTS $1,727,766 OVER LAST WEEK, NEARS $6
MILLION MARK
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SCHWARZENEGGER SHELL GAME
*Governor Schwarzenegger has been raising and transferring
funds at breakneck pace of late. Following last week's
unfavorable court ruling regarding personal loans that the
Governor used to finance his election campaign,
Schwarzenegger has shuffled large sums of money between
several of the committees he controls. On January 16th, the
Governor moved $200,000 from his "Arnold Schwarzenegger's
Total Recall Committee" (which had received one of the
large personal loans subject to the legal ruling)into the
newly formed "Schwarzenegger's California Recovery Team"
account. On January 28th and 29th the Governor moved a
total of $1 million from the "Recovery Team" committee into
a new committee he jointly controls with State Controller
Steve Westly called "Californians for a Balanced Budget -
Yes on 57 & 58." Today that committee received its
first contribution other than funds transferred from the
California Recovery Team committee, a $25,000 contribution
from the Consulting Engineers and Land Surveyors PAC in
Sacramento.
LET'S NOT FORGET PROP 49
Forgotten in the midst of his numerous more recent campaign
committees has been Gov Schwarzenegger's campaign committee
to pass Proposition 49--the after school initiative passed
by the voters in November 2002. The governor's "Citizens
for After School Programs, Yes on Proposition 49" filed its
semi annual report that indicated that the committee
collected $164,750 between July 1, 2003 and December 31,
2003. The largest contributions were $97,500 from
salesforce.com, $25,000 from W. Howard Lester, Chairman of
Williams Sonoma, $18,750 from Black, Starr& Frost
Jewelers, and $10,000 from Derek C. Clark, Investments
Director with Deutsche Bank Alex Brown.
The Yes on 49 was the first of what are now six active
campaign committees controlled by the governor. The other
five are:
*Californians for Schwarzenegger, his recall candidate
committee.
*Arnold Schwarzenegger's Total Recall Committee, his
pro-recall committee.
*Californians for Schwarzenegger 2006, his new committee
for the 2006 governor's race.
*Governor Schwarzenegger's California Recovery Team.
*Californians for a Balanced Budget Yes on 57 & 58, the
committee he controls jointly with Controller Steve Westly
in support of the March ballot measures.
**********
SCHWARZENEGGER COLLECTS $1,727,766 OVER LAST WEEK, NEARS $6
MILLION MARK
*The Governor's total contributions received an enormous
boost over the past week. By raking in $1,727,766, the
Governor's total take since his election shot from just
over $4,090,230 to $5,817,996 since the last edition of
this newsletter on January 27. The Governor reported large
contributions to his California Recovery Team account on
both January 29th and 30th. Four contributions of $250,000
and three contributions of $100,000 lead the skyrocketing
total.
The contributions were, by sector:
**FINANCE AND INSURANCE
*$250,000 from investor and rancher William A Robinson of
Tetonia, Idaho. Robinson has previously contributed
$221,000 to Schwarzenegger.
*$250,000 from American Sterling Corporation. American
Sterling previous donated $171,200 to Schwarzenegger.
*$100,000 from Zenith Insurance of Woodland Hills. Zenith
contributed $100,000 to oppose the election of the current
Governor.
*$100,000 from H&S Ventures, LLC of Newport Beach.
*$50,000 from Mark Stern, President of the TWC Group,
Inc.
*$32,966 from The St. Paul Companies, Inc.
*$21,200 from Dick Bingham, a San Francisco merchant Banker
with American Industrial Partners.
**ENTERTAINMENT
*$250,000 from Jerry Perenchio, CEO of Univision. Perenchio
contributed to defeat the recall, to support
Schwarzenegger's campaign as well as to support
Bustamante's campaign and anti-Prop-54 drive.
**TECHNOLOGY
*$250,000 from Paul Folino, CEO of Emulex. Folino
previously contributed $171,364 to Schwarzenegger.
*$21,200 from Kevin Douglas, an executive at Douglas
Telecommunications.
**INDIVIDUALS
*$100,000 from William Cronk of Lafayette, CA.
*$25,000 from Donald Beall of Corona del Mar.
**FOOD COMPANIES
*$25,000 from William Hume of San Francisco, a businessman
with Basic American, Inc.
**REAL ESTATE AND DEVELOPMENT
*$50,000 from Donald Bendetti, a self-employed Laguna Beach
developer.
*$50,000 from Pardee Homes of Los Angeles.
*$25,000 from Crow Orange County Management of Irvine.
*$21,200 from Tom Seeno of Concord.
**OTHER COMPANIES
*$50,000 from Tres Dac, Inc.
*$25,000 from Rob Yellis of California Protection in
Newport Beach.
*$21,200 from Carlisle Hume of San Francisco.
*$10,000 from Stephen McClellan of San Francicso.
**AUTOMOTIVE
*$25,000 from David Wilson of Toyota of Orange. Toyota of
Orange previously contributed $25,000 to support
Schwarzenegger while Wilson personally contributed $21,200.
(In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.)