The president reaches out to Wall Street donors
(NEWSER) - President Obama—who famously angered Wall Street executives by calling them “fat cats,” the New York Times reminds us—is now courting those same executives in his quest for re-election campaign contributions. He kicked off the push by hosting two dozen of them, many longtime donors, at the White House weeks before announcing his campaign to talk regulation, the deficit, and economic recovery. And, in a move at least one financier finds ironic, he will soon host more bankers, execs, and investors at posh New York restaurant Daniel, where the six-course meal runs $195 per "fat cat." More»