And people wonder why the financial reform was so watered down. It also helps explain how the people who caused the recession are doing better than ever. The CEO’s of JP Morgan and Goldman Sachs are both due to be there. CNBC:
Tonight he is hitting the town hard—and hitting up Wall Street hard as well. He is in New York for a bunch of fund raisers that begin at the home of former New Jersey Governor Jon Corzine. About 60 people are expected to attend, including many prominent Wall Street figures. Each has ponied up $35,800 for the privilege.
Afterwards, Obama will head to a second dinner at the Waldorf Astoria.
This one will have about 340 people, according to the Wall Street Journal. Each of them will also be expected to contribute $35,800 to Democratic campaign coffers.