Karl Rove, whose outside spending groups poured close to $400 million into 2012 races, will place calls to big donors Thursday and brief them on the election results, according to Politico.
Karl Rove’s Crossroads outfit is holding a phone calls for its big donors Thursday to sum up the race, said Stan Hubbard, a Minnesota media mogul and mega-donor. “Obviously, somebody made a mistake and didn’t do things right. There’s no question about that,” he said.
Romney and his allies spent $1.2 billion dollars on the race, compared to $1 billion spent by Obama and his allies, according to a POLITICO analysis of records on Federal Election Commission data and public statements. Nearly 40 percent of Team Romney’s spending came from super PACs and other unlimited outside money groups, compared to about 12 percent for Team Obama.
Rove may have some angry donors on the line, reports the Huffington Post. "The billionaire donors I hear are livid," a Republican operative told the HuffPo. "There is some holy hell to pay. Karl Rove has a lot of explaining to do … I don't know how you tell your donors that we spent $390 million and got nothing."