Lowden reveals deep pockets
December 19, 2009 - 10:00 pm
WASHINGTON -- A potential challenger of Senate Majority Leader Harry Reid is disclosing stock holdings valued at more than $50 million, revealing that she has resources available for a campaign.
Sue Lowden is one of the favorites among nearly a dozen Republicans in Nevada with hopes of taking on Reid, D-Nev.
A financial disclosure report Lowden recently filed with the Senate Office of Public Records shows that she and her husband own stock valued at more than $50 million in Archon Corp., a Las Vegas investment and gaming company.
She also serves as treasurer and secretary at the Pioneer Hotel Inc. and the Sahara Las Vegas Corp. Both casino companies are subsidiaries of Archon.
A spokesman for the Lowden campaign said she is not ruling out using personal funds in a campaign.
Brandon Hall, a spokesman for the Reid campaign, said no amount of money will change the fact that Lowden can't deliver for Nevada the way Reid can.