| The mayoral election in Chicago on April 7 is a contest between big money and grassroots organizing. Mayor Rahm Emanuel has raised nearly $20 million for his re-election campaign, while his challenger Jesus "Chuy" Garcia has raised some $3 million. Emanuel, who worked as an aide in the Clinton administration before serving as a congressman from Illinois and President Barack Obama's chief of staff, made more than $18 million in 2 1/2 years working on Wall Street. He has since turned his Wall Street contacts into tremendous fundraising resources.The latest big gift to Mayor Rahm comes from a hedge fund billionaire who has given him nearly $1 million. Ken Griffin is CEO of the hedge fund Citadel, and has donated nearly $1 million to pro-Emanuel groups in the last year, including $750,000 since March 2, according to the Chicago Sun-Times. |
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