Newsweek's Romano thinks
Hillary may have raised only $7 million in primary--as opposed to
general-election--funds last month, and concludes (reasonably, I think)
that any primary endgame may have less to do with a superdelegate swarm
or a Dean-Pelosi-Reid-Gore poobah intervention than possible bankruptcy:
As the clock ticks down, Clinton will have
fewer chances to gain delegates and votes, and Obama will appear more
and more inevitable. Wins in Indiana and North Carolina on May
6--hardly a sure thing, but possible--would only accelerate that
process. All of which is to say that if Obama "looks like the nominee"
at some point before the convention, Clinton's financial intake may
flatline. In that case, she probably won't have the rainy-day money
necessary to keep fighting (unless it's more of her own). Meaning that
it won't matter what Bill has to say. The bank vault will have already
spoken.
Update: The campaign says "almost all" of last month's money is primary-eligible.
--Michael Crowley