From the NY Times:
The New York City comptroller, John C. Liu, reported a sharp drop in his campaign donations on Tuesday, providing the clearest indication yet that his aspirations for the mayor’s office have been hurt by a federal investigation into his fund-raising practices.
After raising $1 million in the first half of 2011 and outpacing his leading rivals for the Democratic nomination, Mr. Liu collected $517,000 in the second half, trailing everyone except Christine C. Quinn, the City Council speaker, who has already amassed the maximum for candidates accepting public money.
Mr. Liu also spent $325,000 in the second half of 2011 — more than six times what he spent in the first — with roughly two-thirds devoted to legal and other expenses related to the investigation.
Mr. Liu’s cash on hand — $1.6 million — remains significant. But in a reminder of just how much has changed since the filings in July, Mr. Liu also ended months of resistance on Tuesday and released the names of 59 bundlers who had solicited contributions for his campaign from friends, relatives, co-workers and others.