Democratic donors and operatives talk money

iWatch News:
"The effort to bolster Obama is the most ambitious. Sweeney is poised to start it in the next few weeks with Bill Burton, a former deputy director of communications at the White House. Sweeney and Burton have met in recent weeks with potential donors in Los Angeles and New York and have had some early success: Hollywood producer Jeffrey Katzenberg has indicated he plans to help them.

It will strive to compete with deep pocketed GOP groups such as American Crossroads and Crossroads GPS, which together roped in $71 million last year with the guidance of Karl Rove, former President George W. Bush’s political guru. The two entities have said they hope to raise $120 million for the 2012 elections."