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Posts Tagged ‘Sukhee Kang’

CD-45: Durkee Embezzlement Case Freezes 40% of Sukhee Kang’s Warchest; John Campbell’s Warchest = $1.1 Million

Posted by Chris Nguyen on February 15, 2012

Compared to most Democrats who had Kinde Durkee as their treasurer, Irvine Mayor Sukhee Kang actually fared pretty well (Irvine is the largest city in the new 45th Congressional District, and Kang is a directly-elected mayor).  Kang raised $289,398 and spent $35,715 (for those looking at the FEC summary sheet, please note these figures account for a $1,000 refund), only $188,523 was frozen by the LA County Superior Court, pending resolution of the Kinde Durkee case.  He reports $189,559 cash on hand.  (I realize the math doesn’t seem to add up, but this is what’s on his FEC report.)  Kang’s best case scenario is he has all his money.  His worst case scenario is he gets none of the cash back, but that’s only 40% of what he’s raised compared to the wipe-out Jose Solorio and Lou Correa suffered.

Unfortunately, for Kang, even if he gets all of that money back, incumbent Republican Congressman John Campbell‘s $1,096,043 warchest still dwarfs Kang’s.  Not only that, Congressional finance disclosures indicate Campbell is California’s fourth wealthiest member of the House (behind only Darrell Issa, Nancy Pelosi, and Gary Miller), with a net worth between $8-$33 million.  (Including both houses of Congress, Senator Dianne Feinstein comes in ahead of Pelosi but behind Issa).  When Durkee embezzled $4.6 million from Feinstein’s re-election, the Senator loaned her campaign $5 million.  Needless to say, fantastically wealthy members of Congress can easily drop millions into their campaigns if they feel the need.

In the comparison of remarkably similar warchests, Todd Spitzer has $2,988 more cash on hand than John Campbell.

Republican challenger John Webb raised $23,047 and loaned himself an additional $3,200, but has already spent $23,786, leaving himself $2,460 cash on hand before accounting for debts (I assume the $1 differential on the math is due to rounding on his report).

For people wondering, the Registrar of Voters reports a 16.9% Republican registration advantage in this district.  Despite a challenge from the right and a challenge by the mayor of the district’s largest city from the left, John Campbell will still cruise to re-election.

Posted in 45th Congressional District, Fundraising | Tagged: , , , , , , , , | 4 Comments »

 
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