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The two men managed the Reserve Primary money market fund.
"In a primary, money can boost your turnout 30percentt," he said.
Mr. Giuliani brought in $10.5 million in primary money for the third quarter, compared with Mr. Romney's $10 million.
Longer term, the dollar could find itself eclipsed by China's yuan as the primary money in usage in the world.
Unlike Mr Romney, Mr Obama did not face any nettlesome primary opponents, so still has primary money to spare.
The primary money in a failed campaign can be given by the candidates to charity or, in limited amounts, to other candidates and political committees.
Similar(28)
The Patriot Act allows America to designate entities or even whole classes of transactions as "primary money-laundering concerns".
Last year, the United States Treasury identified a Lebanese bank, Beirut-based Lebanese Canadian Bank SAL, as a primary money-laundering facility for Hezbollah and Lebanese drug traffickers.
Since the bank had been found to be of "primary money-laundering concern," the Treasury Department could turn it into an international pariah by forbidding American financial institutions to deal with it.
That is the section of America's Patriot Act of 2001 that gives the Treasury sweeping powers to act against those who facilitate financial crime, anywhere in the world, by labelling them a "primary money-laundering concern".
If the Treasury found that a bank or nation that was the source of the deposit was "of primary money-laundering concern," banks would have to get as much information about a foreign depositor as they would about someone in the United States.
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CEO of Professional Science Editing for Scientists @ prosciediting.com