Wednesday, May 9, 2012

Reuters: People News: Obama-Clooney fundraiser rakes in celebrity dollars

Reuters: People News
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Obama-Clooney fundraiser rakes in celebrity dollars
May 9th 2012, 18:27

By Kasia Anderson

Wed May 9, 2012 2:27pm EDT

LOS ANGELES (The Wrap.com) - If President Obama has ever acted cool in courting celebrities, on Thursday he'll be dropping that act and heading for the mother lode.

In what's shaping up to be one of the biggest one-off fundraisers in the history of the presidency, Obama will pitch to a houseful of boosters from Hollywood's inner circles at a sold-out event in Studio City.

And it's not just any house - it's George Clooney's 7,354-square-foot crib.

With the exception of a couple supporters - namely, the winner of the Obama campaign's "Obama, Clooney and You" sweepstakes and a plus-one - guests reportedly paid as much as $40,000 each to secure a seat. That tallies up to nearly $6 million from partygoers, plus another estimated $4 million to $6 million from the contest, which gave would-be donors the chance to feast with the stars for a $3 (or more) pledge made via the president's campaign site.

Although some celebs have dialed down their enthusiasm for Obama since the last election cycle, he still has friends in Hollywood - many of whom will be attending the dinner.

And the fundraising game has also changed significantly since Obama's 2008 campaign, as the Supreme Court's controversial 2010 Citizens United ruling made way for Super-PACs and supersized donations to stuff candidates' war chests with unprecedented amounts.

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