Campaign Now in Charge of Keeping the Nation’s Books Fined $375,000 for Inept Bookkeeping

The Federal Election Commission has just fined President Obama’s 2008 campaign to the tune of $375,000 for basically not having their books in order — or having no paperwork on the books at all — for a series of donations made toward the end of the campaign:

The fines are among the largest ever levied on a presidential campaign by the FEC and stem from a series of missing notices for nearly 1,200 contributions totaling nearly $1.9 million.

Campaigns are required to file reports within 48 hours on donations of $1,000 or more received during the final 20 days of the campaign. The fine was detailed in a conciliation agreement sent to Sean Cairncross, chief counsel for the Republican National Committee.
[…]
The fines followed an audit of the campaign by the FEC in the aftermath of complaints by the Republican National Committee and others groups. The Obama campaign paid $230,000 in fines and the Democratic National Committee, which ran a joint fundraising committee with the campaign, paid the remainder.

Those “missing notices” wouldn’t happen to be from overseas donations, would they?

Author: Doug Powers

Doug Powers is a writer, editor and commentator covering news of the day from a conservative viewpoint with an occasional shot of irreverence and a chaser of snark. Townhall Media writer/editor. MichelleMalkin.com alum. Bowling novice. Long-suffering Detroit Lions fan. Contact: WriteDoug@Live.com.