08/07/2008 05:12 am ET | Updated May 25, 2011

Richardson Helping Clinton Retire Her Debt

Governor Bill Richardson is set to announce today that he's hosting a pair of fundraising events for Hillary Clinton in New Mexico August 17, which is being cast as one of the higher-profile installments of Obama's effort to help Clinton retire her debt.

Though Richardson seems to be hosting the events in his capacity as an Obama backer, it's also a move which could repair Richardson's own relationship with the Clintons -- some of whose supporters resented his Obama endorsement . It could also soothe Clinton backers concerns that Obama isn't raising enough money for Clinton.

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