Oct 01, 2012 at 02:07 PM
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Sponsors Drop Out of Presidential Debates

With only two days to go before the first presidential debate, the commission that runs the presidential debates has lost three sponsors in less than a week according to popular political blog, Politico. The latest sponsor to pull the plug on its partnership with the Commission on Presidential Debates is Philips Electronics and the move comes after similar actions by the YWCA and ad shop, BBH.

"[Philips] has a long and proud heritage of being non-partisan in the many countries it serves around the world. While the Commission on Presidential Debates is a non-partisan organization, their work may appear to support bi-partisan politics," Mark A. Stephenson, head of corporate communications at Philips North America said. "We respect all points of view and, as a result, want to ensure that Philips doesn’t provide even the slightest appearance of supporting partisan politics. As such, no company funds have been or will be used to support the Commission on Presidential Debates."

Remaining sponsors include Anheuser-Busch; Southwest Airlines; The Howard G. Buffet Foundation; Sheldon S. Cohen, Esq.; Crowell & Moring LLP; International Bottled Water Association (IBWA); and The Kovler Fund.

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