I bet it was neither. They aren't raising any money and that's what's disturbing them. McAwful was good at one thing and that was raising the bucks. And even then they couldn't compete with the republicans--mainly because the republicans have lots of mid to upper income people giving money. Where as the RATs rely on the richest of the rich to make big donations.
So without the money coming in, what's a RAT to do? Plus with Dean at the helm they can't do what they did in the past and over spend during an election just to payback the money after the election. With Dean there they can't go into debt as they'd never raise the money to pay it off.
I guess they will start focusing on more campaign finance reform since they can't afford to run for office anymore.
You're taking their word for that? :) Without an audit?