Tuesday, June 28, 2011

Obama, Wall Street And The Love That Dare Not Speak Its Name



Seriously folks, according to Dealbreaker’s Bess Levin, last Thursday evening, President Obama held a fundraiser at Daniel as part of his reelection campaign. There was Vodka Beet-Cured Hamachi with Horseradish Cream. There was Zucchini Pomponette with Fontina and Tomato Confit. There was Vanilla-Raspberry GelĂ©e. But there was no Lloyd Blankfein and there was no Jamie Dimon, and there was no Dick Parsons.

Some people interpreted the lack of JD and LB and other banking chiefs as indication that Wall Street is done with Barack Obama. Sure, he still has some big names backing him (like Daniel attendees Marc Lasry, Robert Wolf and Mark Gallogly) but the absence of Lloyd and Jamie, who, ironically, Obama was once so close with that his pet name for was “zucchini pompette,” seemed to suggest a broader trend and evidence that the rumors Wall Street had “abandoned” Mr. President were true. And while some big names, like Dan Loeb and Steve Cohen, who previously backed Obama in ’08 have made no secret about dropping him (and over the weekend likely inspired others to join them), others apparently continue to support BO.

They just don’t want anyone to know about it…...

Read more at: http://dealbreaker.com/2011/06/obama-wall-street-and-the-love-that-dare-not-speak-its-name/#more-44041

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