Wall Street Fatcats Skip Obama-Pelosi Glitzy NYC Gala
Posted by Jim Hoft on Friday, May 14, 2010, 5:43 AM
Wall Street fatcats skipped Obama’s glitzy gala in New York City last night. Pelosi, Obama and Democrats still managed to raise $1.3 million from 185 donors.
The NY Post reported, Via Jammie Wearing Fool:
Wall Street bigs snubbed President Obama last night at a big-bucks campaign fund-raiser at The St. Regis hotel in Midtown.
The gala — where tickets went for as much as $50,000 a couple and whose proceeds were going to Democratic candidates — featured stars such as Sarah Jessica Parker and Democratic Party regulars but few, if any, executives from the city’s leading financial institutions.
That was no accident, according to Democrats on Capitol Hill and Wall Street sources who say those in the financial industry are tired of being the punching bag for Obama and Democrats crafting legislation to tightly regulate them.
“They may support individuals, but not the party,” one House Democratic lawmaker said.
“I think there’s been some pushback from the [financial] community.”
Other Democrats said that, indeed, Wall Street money has dried up for the party, and an official from one of the major investment firms confirmed that its people were staying away from The St. Regis.
“We won’t be attending,” the official said.
While the event drew executives from a number of private-equity firms, leaders from big outfits like Goldman Sachs, Citigroup, Deutsche Bank and JP Morgan were nowhere to be found.
“I would recognize a lot of them, but I didn’t see any,” Rep. Ed Towns (D-Brooklyn) said afterward. Said another attendee: “I didn’t see anyone from the big firms. I did see some folks from sort of some mid-level-range hedge funds.”
Speaking at the event, which Democratic officials said raised $1.3 million from 185 donors, Obama reiterated his call for reforms of Wall Street.
ADVERTISEMENT
-
Featured Story:
Busted!… Obama Headlined a DEMOCRAT SOCIALISTS OF AMERICA Event in 1996 **FLIER**
Published May 24, 2012 at 8:46 pm - 87 Comments
Kevin P commented:
Geez – it’s about time!
How many times does it take for someone to demonize and attack you before you take it seriously?
I guess the amount of money a person has is a direct inverse of the amount of common sense they have.
Kevin P commented:
Ford forecasts sustained, profitable growth
Exactly how much govt. money did Ford take? Anyone? Anyone?
While GM forecasts sustained mediocrity and more bailouts needed.
non_dhimmie commented:
A Sham…..they are still paying…
The press is spreading the meme that O is tough on Wall Street…As we all know they made out like bandits and will continue to do so.
This was purely for show……and us rubes….
aprilnovember811 commented:
Good for them! They raised a pittance for them. Destroy them in November, and in future elections. This MARXIST REGIME needs to be squashed like the cockroaches they are.
Sarah Jessica Parker
BOYCOTT HER MOVIES AND SHOWS, she’s a loser!
aprilnovember811 commented:
Ford forecasts sustained, profitable growth
Exactly how much govt. money did Ford take? Anyone? Anyone?
While GM forecasts sustained mediocrity and more bailouts needed.
As far as I’m concerned GM and the UAW can die a slow, painful death. I feel sympathy for the line workers who were abused by their union leadership, but we will never again patronize this company. My tax dollars(which are pretty significant,) is all they will get. We own a Chevrolet now, it will be the last.
Citzen Cue commented:
Poor Obama, I feel sorry for him his mouth certainly got the best of him. *Fires up the electron microscope* plays the universes smallest violin for him.
I’d love to see Obamas face after the november election.
Kevin P commented:
non_dhimmie #4 – “This was purely for show……and us rubes….”
Of course! I should have seen it!
Chisum commented:
New billboards in MN ask: Had enough Hope and Change?
http://hotair.com/archives/2010/05/14/new-billboards-in-mn-ask-had-enough-hope-and-change/
olm commented:
Having pretty much no idea about money from “fat cats” my guess is that 1.3 million is nothing compared to what they had hoped to make.
Obama absolutely can not fool all of the people all of the time. Up until now, he has done pretty well with most of the people. He’s not even 1/2 way into his term this really can’t be easy on mr narcissist.
Andreas K. commented:
I wish Wall Street was the problem. I really do.
That could be fixed relatively easy.
But sadly it’s not the problem. Politicians like Obama are the problem.
Obama, Pelosi, Reid, Hatoyama, Merkel, Clegg, Brown, Faymann, etc. Those are the problem.
Though, I still love what the guys at Command & Conquer did with Red Alert 3. They made a US president for the game who was mocking Obama.
“You want hope? Keep on dreaming.
You want change? Hold out your cup.
You want to live? Vote for me.”
ivehadit commented:
DO NOT be fooled by this. The money WILL be flowing and IS flowing, imho.
Kabuki theatre.
bg commented:
++
well it looks as though we’re going to have to
work harder at busting the so called busted..
flashback:
The Obama, Goldman Sachs & Rothchild connection
Goldman Sachs SEC
Goldman Sachs, Obama, Money
flashforward:
Goldman Sachs Cares About Poor People’s Bank All of a Sudden
==
non_dhimmie commented:
Don’t believe that tripe…
This shows us rubes that O is so tough on Wall Street they are pouting.
Here are just a few that were there, and the rest are writing their checks…Afterall, it is our money they are using.
Wall Streeters in attendance at the DCCC fundraising dinner, which was expected to raise at least $1.3 million for the Democratic Congressional Campaign Committee, included Richard Debs, advisory director of Morgan Stanley; Maurice Sonnenberg, senior international adviser for JP Morgan; Jack Bendheim of the Berkshire Bank in New York and director of Empire Resources in Fort Lee, N.J., according to an attendee.
kay commented:
the big names didn’t show but they sent their lieutenants.
in the mean time, it would be suicide for the republicans to start receiving money from goldman, jp morgan, et al. – which may be what’s coming. big $$$ for the rnc, then the dnc makes a big to do about it, thus making their talking point that the republicans are all about the fat cats on wall street.
if the dnc receives money from wallstreet firms or banks they need to return it. if a single republican receives the money from people who work in the bank, that’s a judgment call.
its all about image at this point since wall street and the market is looked at as toxic to everyone’s opinion except those that won and if they give money to people, then the anger is transferred to the person who gives more than the limit.
Indi22 commented:
The only thing the fat cats skipped was being seen. They stil lsupport Democrats but they don’t want the public to know that. Corrupt cronies to the end and all. It’s all about public perception-thing is, the fake cussing out of Wall Street it fools no one.
Michael commented:
Assuming that the $50,000 was per couple to attend the soiree, and after costs, the balance was a contribution, there is something amiss if they only raised $1.3 MM?
obamas dictatorship commented:
Obama found to have two SSNs??? could one be for when he was an international student..(1975)? and one for his fake american birth certificate? in hawaii. I heard one was tied to a dead man. (WND). Why doesn’t the FBI or the repubs file for investigation?