Was Obama rattled by developing donor scandal story?

◼ President Obama's reelection campaign, rattled by his Wednesday night debate performance, could be in for even worse news. - Paul Bedard/Washington Examiner

According to knowledgeable sources, a national magazine and a national web site are preparing a blockbuster donor scandal story.

Sources told Secrets that the Obama campaign has been trying to block the story. But a key source said it plans to publish the story Friday or, more likely, Monday.

According to the sources, a taxpayer watchdog group conducted a nine-month investigation into presidential and congressional fundraising and has uncovered thousands of cases of credit card solicitations and donations to Obama and Capitol Hill, allegedly from unsecure accounts, and many from overseas. That might be a violation of federal election laws.

◼ Report: National magazine preparing “blockbuster” scandal story on Obama campaign donations - Allahpundit/HotAir

If the term “Doodad Pro” means anything to you, none of this will come as a surprise.... If the term “Doodad Pro” doesn’t mean anything to you, get up to speed so that you have the background needed to appreciate this new story if/when it drops. Start with Patrick Ruffini’s post from the end of the 2008 campaign explaining how lax security on Obama’s campaign donation website created an opportunity for fraudulent donations. The Washington Post picked up the story a few days later, reporting that the campaign not only was accepting money from untraceable prepaid credit cards but that it “had chosen not to use basic security measures to prevent potentially illegal or anonymous contributions from flowing into its accounts, aides acknowledged.” Team O’s defense at the time was that they preferred to manually eliminate any bogus donations that flowed in by scrutinizing their books afterward and rejecting the ones that looked suspicious. Why they’d prefer a time-consuming process like that when they could screen donations before they were accepted with online security measures, as many other campaigns do, wasn’t clear.

Fast-forward four years....

◼ OBAMA RAISES $150M IN SEPTEMBER, TRIES TO BLOCK 'BLOCKBUSTER' DONOR SCANDAL
President Barack Obama’s campaign raised more than $150 million in September, which was a record haul for the 2012 cycle, but the campaign may be actively trying to block a story in the works about a “blockbuster donor scandal” that could put its fundraising numbers under intense scrutiny.