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Meg Whitman’s ‘outside’ investment pays off

By Laurie Bennett

July 12, 2010 at 9:17am

It’s no secret that former eBay chief Meg Whitman is pouring millions of dollars into her campaign for California governor.

Yet coverage today in The New York Times suggests that not all her spending shows up in regular campaign finance reports.

Early in the election cycle, it appeared that political consultant Mike Murphy would be advising Steve Poizner, Whitman’s opponent in the Republic primary.

Meg Whitman
Meg Whitman

Murphy is well-known in GOP circles, having worked with John McCain in 2000 and Arnold Schwarzenegger in 2003.

He turned his back on Poizner after Whitman invested $1 million in his movie production company, Tools Down! Productions.

He instead began advising the Whitman, collecting fees totalling $665,000 in his first six months of working with her campaign.

Whitman spent $90 million of her own money on the primary, handily defeating Poizner.

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