Giuliani's run for the presidency ended with a considerable debt. Over a year later, he was still paying it back. During the first quarter of 2009, he gave his campaign $200,000 of his own money. Nevertheless, the campaign was still $2.4 million in arrears, the largest such remaining debt for any of the 2008 contenders. In addition to this considerable debt, Giuliani's "high appearance fees dropped like a stone", in the words of Mark Greenbaum of Salon, following his failure to win the nomination.Greenbaum, Mark (April 3, 2011) Why Mitch Daniels is the Republican to watch for '12, Salon.com
