Why do I get the feeling he won’t be keeping that promise?
(Bloomberg) — President Barack Obama will return to New York on March 1 for a fundraiser with investment bankers and hedge fund managers, according to a campaign invitation, marking his first high dollar event there since calling for increased taxes on the wealthy in his 2013 budget.
Hosts of the fundraiser, including Ralph Schlosstein, chief executive officer at Evercore Partners Inc., and his wife, Jane Hartley, co-founder of the economic and political advisory firm Observatory Group LLC, were assured last week by Jim Messina, Obama’s campaign manager, that the president would not demonize Wall Street in his re-election.
The $35,800-per-person dinner at ABC Kitchen, the first of the evening’s four fund-raising events, is being hosted by many of Obama’s top Wall Street donors, according to a person familiar with the matter. Sponsors include Blair W. Effron, partner and co-founder of Centerview Partners LLP; Marc Lasry, managing partner and founder of Avenue Capital Group; Mark Gallogly, a managing principal of Centerbridge Partners; James Rubin, managing director of BC Partners; Robert Wolf, UBS AG’s chairman for the Americas; and Antonio Weiss, global head ofinvestment banking at Lazard Ltd.
Other co-hosts are not associated with the financial services industry, such as Tom Bernstein, president of Chelsea Piers LP; and Kevin Ryan; the chief executive officer of Gilt Groupe Inc.; and Sally Susman, an executive vice president of Pfizer Inc.