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Barack Obama Is Not in Bed with Wall Street

But sharing a golf cart is another matter. Here he is with the president of UBS Securities, Robert Wolf:

 

And here’s a great piece from New York Magazine from 2007 on Obama’s Wall Street fund-raising. An excerpt:

The investment banker Robert Wolf first met Barack Obama one afternoon in December in a midtown conference room. Obama was in town to deliver a speech at a charity dinner for children in poverty at the Mandarin Oriental—but also to pursue another, less high-minded, but more momentous, objective: to begin the process of attempting to pick Hillary Clinton’s pocket.

The conference room belonged to George Soros, the billionaire bête noire of the right. After talking to Soros for an hour about his prospective bid for the White House, Obama walked down the hall and found assembled a dozen of the city’s heaviest-hitting Democratic fund-raisers: investment banker Hassan Nemazee, Wall Street power Blair Effron, private-equity hotshot Mark Gallogly, hedge-fund manager Orin Kramer. Most had been big-time John Kerry backers in 2004. Most had a connection to the Clintons. All were officially uncommitted for 2008.

Comparatively speaking, Wolf, now the CEO of UBS Americas, was a buck-raking neophyte. But his prodigious recent efforts (first for Kerry, then for House and Senate Democrats in 2006) had established him as a rising star in the fund-raising firmament. Until a few weeks earlier, the presidential horse he’d planned to ride in 2008 was former Virginia governor Mark Warner. But with Warner’s decision to forgo the race, Wolf was up for grabs—and in the sights of every Democrat in the field.

The whole thing here.

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