This past spring Rudy Giuliani promised to leave his security consulting firm to concentrate on his presidential bid, but 10 months into the campaign he’s still working part time for Giuliani Partners.
Giuliani’s continuing involvement with the company makes him the only GOP candidate with a private sector job, and could make it difficult to separate his company’s assets from his campaign spending.
Several of the company’s employees do volunteer work for Giuliani, and for the first six months of his campaign he billed the company for the cost of the security detail traveling with him on campaign trips.
“This is a lawyer’s nightmare,” Republican political consultant Scott Reed, who ran Bob Dole’s 1996 White House campaign, told the Washington Post.
“I don’t think the vulnerability is with voters on the level of his commitment to the race. The concern is really about FEC violations and whether anything this corporation does to help him essentially is making a contribution … in the form of staff time, materials, travel billing or security.”
Giuliani formed the consulting company after he left office as New York City mayor in 2002. The firm has grossed more than $100 million from corporate clients since then, and Giuliani earned about $4.1 million from the company last year, the Post reports.
In April Giuliani announced that he planned to leave Giuliani Partners to concentrate on his campaign. Then in June he said in an interview that he was spending less than 10 percent of his time working for the company and planned to take a leave of absence. But he is still with the company and regularly attends staff meetings in New York.
Political consultant Reed said he would have advised Giuliani to step aside from his company as soon as the campaign began, according to the Post.
“I think it always is wise to close down all of these efforts,” he said, “so that, one, you give the campaign 100 percent, and two, you don’t give your political enemies possible ammunition.”
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