Wendy Greuel loans $100,000 to her campaign against Eric Garcetti
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City Controller Wendy Greuel, whose campaign for Los Angeles mayor had been dramatically out-spending rival Eric Garcetti, loaned her campaign $100,000, according to documents filed with the City Ethics Commission over the weekend.
The move comes a little more than two weeks before election day, as Greuel faces cash-flow pressures that have forced her to cut back on TV advertising.
A clear picture of the candidates’ financial conditions will emerge on Thursday, when financial disclosure reports are due. But a Times review of fundraising and spending in recent weeks found that Greuel has been raising less money than City Councilman Garcetti, but spending at a faster pace since the March 5 primary.
Garcetti loaned his campaign $50,000 on April 19. The money was earmarked for paying off expenses incurred during the primary race and cannot be used on the current campaign.
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