Wall Street Not Feeling Much Love for Obama

Thursday, 03 May 2012 01:38 PM

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Despite the government bailout, there weren’t a lot of Wall Street execs eager to plunk down up to $35,800 per person for the pleasure of attending a small dinner with President Barack Obama in New York.

The New York Times chronicles campaign liaisons’ efforts to rustle up enough donors for the 60-person dinner back in March. Initial response was tepid at best.

“You call some people on Wall Street up, and they’re undecided,” one Obama bundler told the Times. “They’re ‘waiting for clarity’ — that’s the term they use. Or they say the administration ‘hasn’t led sufficiently’ on an issue.”

And one reason the big-money donors were so reluctant is they think Obama looks down on them.

“This administration has a more contemptuous view of big money and of Wall Street than any administration in 40 years,” one donor told Times reporter Nicholas Confessire. “And it shows.”


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