Bill Clinton and Obama hold first joint fundraiser

Aspiring Democratic politician Terry McAuliffe is excited. "This marks the first time that the two Presidents will appear together in this campaign and the first time ever for a fundraiser," his campaign-style website declares. "It promises to be a very special occasion."

"More than 500 supporters expected at reception and 80 at dinner [tonight]," according to the press pool report on the events. "Tickets for reception start at $1,000 per person; tickets for dinner are $20,000 per person. Proceeds go to the Obama Victory Fund, which is joint fundraising committee of Obama for America, DNC and several state Democratic parties." The fundraisers should raise at least $1.6 million.