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Big Biz Takes Stock of Obama

Democrat's limited record friendlier than CEOs might think

By Jim O'Neill, Newser User

Posted Feb 14, 2008 2:15 PM CST

(Newser) – Barack Obama’s Potomac victories put him into stronger position to claim the Democratic presidential nomination, something business leaders are just wrapping their heads around, Business Week reports. So far, they’re not sure what an Obama administration might mean, but he’s earned kudos from billionaire Warren Buffett, former Federal Reserve chairman Paul Volker, and UBS America CEO Robert Wolf.

Wolf called Obama “refreshing and smart and thoughtful"; Volker endorsed him last month; and Obama often cites Buffett on the stump. But his Senate record worries some in corporate America, and he’s no hit with the US Chamber of Commerce. Said one Democratic strategist, “Business would have a seat at the table, but business wouldn't be able to buy all the chairs."

Democratic presidential hopeful Sen. Barack Obama, D-Ill., makes remarks during a rally in Racine Town Hall Wednesday, Feb. 13, in Racine, Wis. (AP Photo/Rick Bowmer) (Associated Press)

Democratic presidential hopeful, Sen. Barack Obama, D-Ill., smiles as he answers a question during a town hall meeting in Waukesha, Wis., Wednesday, Feb. 13, 2008. (AP Photo/Morry Gash) (Associated Press)

Democratic presidential hopeful Sen. Barack Obama, D-Ill., makes remarks during a rally in the Racine Town Hall Wednesday, Feb. 13, in Racine, Wis. (AP Photo/Rick Bowmer) (Associated Press)

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Big Biz Takes Stock of Obama

Democrat's limited record friendlier than CEOs might think

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Barack Obama • Warren Buffett • Democratic nomination • endorsement • Barack Obama supporters • Paul Volker • corporate America • big business • Election 2008 • US Chamber of Commerce

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Clinton at State Troubles Obamanauts

Trained Clinton-haters have to turn on a dime

Gen X to Boomers: We Get It Now

With Obam's election, Gen X sees the political light

Obama, McCain Take Fight to Pages of Journal

Rivals sounds familiar themes with columns in conservative newspaper

Economist : Obama Is Worth the Risk

McCain was a great senator but a poor candidate

Obama Donors Get to Hang With the Big Kids

Fundraisers with Kerry, Buffett kept the fat checks coming in

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Big Biz Takes Stock of Obama

Democrat's limited record friendlier than CEOs might think

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OTHER STORIES ON OUR RADAR

Barack Obama • Warren Buffett • Democratic nomination • endorsement • Barack Obama supporters • Paul Volker • corporate America • big business • Election 2008 • US Chamber of Commerce

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Clinton at State Troubles Obamanauts

Trained Clinton-haters have to turn on a dime

Gen X to Boomers: We Get It Now

With Obam's election, Gen X sees the political light

Obama, McCain Take Fight to Pages of Journal

Rivals sounds familiar themes with columns in conservative newspaper

Economist : Obama Is Worth the Risk

McCain was a great senator but a poor candidate

Obama Donors Get to Hang With the Big Kids

Fundraisers with Kerry, Buffett kept the fat checks coming in

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?