Rudy Giuliani 2008 presidential campaign in the Iowa Caucus. Some political observers have opined that the Straw Poll results are bought by campaigns. Giuliani had emerged as the frontrunner after overtaking John McCain in the polls. With the exposure and eventual entrance of Fred Thompson into the field, Giuliani's poll numbers began to drop. But he held on to his status as frontrunner. According to the CBS News Poll taken June 26–28, Giuliani held the lead over Thompson 34% to 21%. In the second quarter, Giuliani revealed that he raised $17 million, first among Republicans and third overall behind Barack Obama and Hillary Clinton. On
Rudy Giuliani not filed a tax return for many years and of several other ethical missteps, in particular a stock transfer to his son. Dinkins filed several years of returns and said the tax matter had been fully paid off, denied other wrongdoing, and said that "what we need is a mayor, not a prosecutor", and that Giuliani refused to say "the R-word—he doesn't like to admit he's a Republican." Dinkins won the endorsements of three of the four daily New York newspapers, while Giuliani won approval from the "New York Post". In the end, Giuliani lost to Dinkins by a margin