6.24.2011

Bygones

Undernews: Hedge funders pay $36k each to pal with Obama over dinner

Business Insider - Last night Obama headed to the Upper East Side to wine and dine Wall Street. The DNC fundraiser at tony restaurant Daniel cost attendees $35,800 each, and a source told Ben White at Morning Money that the event netted $2.4 million. So his calculations were that at least 67 financiers had come to the party.

"Wall Street may hate Washington but sources tell M.M. that last night's $35,800 per-head event... was a boffo success packed with hedge fund and private equity types."

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