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Inauguration Committee Collects $8M

More than $8 million has been donated by corporations and individuals to fund President Bush's reinauguration ceremonies, according to figures released Thursday.

The team handling the festivities announced more than 20 new contributors, including seven who donated $250,000, the maximum amount sought.

Six of those are in the financial services industry: Corporate Capital LLC (search) of New Orleans; Argent Mortgage Co. (search) of Orange, Calif.; Ameriquest Capital Corp. (search) of Orange, Calif.; Long Beach Acceptance Corp. (search) of Paramus, N.J.; Town and Country Credit (search) of Irvine, Calif.; and Golden Eagle Industries Inc. (search) of Charlotte, N.C.

Oil company ChevronTexaco Corp. (search) also contributed $250,000. Other energy companies whose donations were announced previously include Exxon Mobil Corp. and Occidental Petroleum Corp.

The committee said two weeks ago that it planned to raise $40 million to $50 million for the inaugural events, scheduled for Jan. 18-21.