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Obama: Memo Criticizing Clinton's Ties To India Was "Dumb Mistake"

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Democratic presidential contender Barack Obama (news, bio, voting record) on Monday said his campaign made a "dumb mistake" when it circulated a memo criticizing rival Hillary Rodham Clinton's financial ties to India.

In an interview with The Associated Press, Obama disavowed the memo which carried the headline -- "Hillary Clinton (D-Punjab) -- and referred to Bill and Hillary Clintons' investments in India; her fundraising among Indian-Americans; and the former president's $300,000 in speech fees from Cisco, a company that has moved U.S. jobs to India.