Tuesday, September 20, 2011

Bill Clinton, Matt Lauer, and Dunkin' Donuts

In September, 2011, The Today Show's Matt Lauer sat down for an interview with Bill Clinton about the 2011 meeting of the Clinton Global Initiative that was about to get underway in New York.

Near the end of the segment, Lauer got more personal and asked the former president about his healthy new vegan lifestyle. "Thirty seconds to end on a lighter note," Lauer said. "When you were president, you were known for your appetite. Man, you loved the doughnuts, the junk food, anything southern fried. Now we sit here and you've just turned 65, you've had a quadruple bypass and you're a vegan. Does that suck?"

Although Lauer's comments no doubt steamed some vegans and senior citizens, Clinton took it in characteristic stride. “Who’d of thought it?” he laughed. “No, no, you know, when you get older your appetites change and abate and you're more interested in having another good day so I'd like to have as many good days as possible and this seems to be the best way to get it."

Of course, the former president was once famous for his love of McDonalds and Dunkin Donuts, but what's not so well-known is that Hillary Clinton reportedly spent $1,200 of campaign funds to splurge on Dunkin' Donuts during her 2008 presidential campaign. But, according to this article in the New York Times, that expense was just icing on the cake:

An hourlong investigation by the New York Times has found, in the ten months ending in January, that the Clinton campaign reported expenditures of $1,884.83 at Dunkin’ Donuts in New Hampshire and Florida (which she won) and in Virginia (which she didn’t), and $504.02 at Krispy Kreme stores in South Carolina (which she also lost)...

Her bakery bills totaled $5,950.53 (at Dunkin’ prices, about 12,000 doughnuts). Andrea Rowell, assistant manager at the Dunkin’ Donuts in Concord, N.H., where the campaign spent $273 one day last month, said the workers ordered coffee, too. “It wasn’t just doughnuts,” she said.

Now, that's a lot of dough to spend on doughnuts, but it's nothing compared to the amount of stock-market dough that Dunkin' Donuts made that year with its initial public offering. According to this Reuters news report:

Investors eagerly bought the shares of Dunkin' Donuts parent Dunkin' Brands Group Inc sending them up as much as 56 percent on their first day of trading on Wednesday. The stock gained almost 47 percent to close at $27.85 after hitting an session high of $29.62 during its first day of Nasdaq trading.

Although it's not known if the Clintons bought any shares, Hillary could probably save a lot of dough during her 2016 campaign by baking some donuts at home with this recipe for Homemade Glazed Doughnuts from The Pioneer Woman.