![John Liu, New York City comptroller, speaks to a reporter prior to a speech by U.S. President Barack Obama on financial reform at Cooper Union in New York, U.S., on Thursday, April 22, 2010. Obama called on the financial industry to drop its](https://pyxis.nymag.com/v1/imgs/a8c/01c/8d10f34a9d9aa9a649237a5a827fd427f0-16-johnliu2.rsquare.w330.jpg)
John Liu, the scandal-ensnared city comptroller, is still holding fund-raisers for … something. It’s definitely not for reelection to his current office, according to a Post source, who told the paper that “he’s either running for mayor or not at all.” A mayoral race would be awfully fraught, to say the least. So what might Liu want with a restocked campaign chest? According to political consultant Hank Sheinkopf, “Liu’s campaign fund is turning into a legal-defense fund.” To date this year, he’s spent $162,354.92, more than $100,000 of which went for legal fees and crisis management. That’s compared with just $82,305 in cash raised. Seems unsustainable, but hey, we’re not comptrollers ourselves.