It’s not a good sign that Giuliani’s senior staff have decided to work without paychecks, and there is no way to spin it otherwise. The amount of money that’s involved is miniscule: about $50,000 per month.

So the campaign must really have a cash on hand problem. Breaking News: Giuliani’s national finance chair, Roy Bailey, no longer has that position with the campaign. Bailey was not only Giuliani’s finance chair, he was one of the founding partners of Giuliani’s consulting firm. ~Marc Ambinder