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More Info on Financial Disclosures: Clinton, McCain, Romney All Rolling in Cash

We blogged a while back about the financial disclosures of many of the candidates, noting that some folks -- including Romney, McCain, and Clinton -- were granted extensions in filing their paperwork. We now have more information.

Hillary Clinton and Bill Clinton have assets valued from $10 million to $50 million (the massive window is a product of FEC rules) with the former president raking in speaking fees of more than $10 million in just the last year. The bulging bank account comes after the pair left the White House with millions in debt from legal fees. Two days ago I hit Senator Clinton pretty hard for being the "Big Money" candidate in the Democratic primary, so it's worth noting that she's made a bid for some financial transparency -- along with Bill, she has liquidated a family trust worth between $5 million and $25 million that had investments in oil and pharmaceutical companies, military contractors, Wal-Mart, and FOX News parent company News Corp. The cost of avoiding future conflicts of interest (and being hit for investing in decidedly non-progressive entities) is substantial, because of capital gains taxes the Clintons will have to pay.

Elsewhere, filings showed that the McCain family has $24.3 million in assets, almost all held by Cindy McCain and the McCain children. Cindy McCain controls an Anheuser-Busch distributorship in Arizona that is said to be among the largest in the nation.

And former Bain executive Mitt Romney is worth the most out of the bunch, with assets totaling $190 million to $250 million. Yahtzee!

Posted by Jonathan Stein on 06/15/07 at 5:14 AM | E-mail | Print | Digg | de.licio.us | Reddit | Newsvine | Yahoo! MyWeb | StumbleUpon | Netscape | Google |