Rove to brief major donors after losses

Via Ken Vogel, the explanations begin tomorrow from Karl Rove about Crossroads:

Karl Rove’s Crossroads outfit is holding a phone calls for its big donors Thursday to sum up the race, said Stan Hubbard, a Minnesota media mogul and mega-donor. “Obviously, somebody made a mistake and didn’t do things right. There’s no question about that,” he said. Romney and his allies spent $1.2 billion dollars on the race, compared to $1 billion spent by Obama and his allies, according to a POLITICO analysis of records on Federal Election Commission data and public statements. Nearly 40 percent of Team Romney’s spending came from super PACs and other unlimited outside money groups, compared to about 12 percent for Team Obama.

Rove's insistence on Tuesday night on Fox News, which had just called the race for President Obama, that it wasn't over underscores how much he had invested in these races.

One fundraising source told me earlier today that there had been virtual silence coming from Rove and his allies today, adding, "What can they say?"

Maggie Haberman is senior political reporter for Politico.