President Obama speaking at NYC DNC fundraiser attended by Wall Street execs

[OmmmSweetOmmm]

who are paying $30,000 a couple. NY Local NBC news reporting on this quite pointedly.

Is this true? If so, this doesn't look very good.

[joeycola]

1. all Streeters Expected At Obama NYC Fund-Raiser..............

Forum Name General Discussion: Presidential
Topic subject Wall Streeters Expected At Obama NYC Fund-Raiser
Topic URL http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x8707433#8707433
8707433, Wall Streeters Expected At Obama NYC Fund-Raiser
Posted by Meeker Morgan on Mon Oct-19-09 10:27 PM

Wall Streeters Expected At Obama NYC Fund-Raiser
http://www.nydailynews.com/blogs/dc/2009/10/wall-streeters-expected-at-oba.html

Democratic sources confirm that Wall Street financiers will be among the paying guests at a $30,400 per couple party fundraiser tomorrow in Manhattan where President Obama is the headliner.

“It’s true that we expect a few of them, but they know where we stand,” an insider today tells The Mouth. “It’s not like we’ve been pulling our punches lately.”

The source was referring to a renewed White House offensive aimed at an apparently unrepentant culture of greed on Wall Street. Top aides, including White House chief of staff Rahm Emanuel and senior adviser David Axelrod, bashed Wall Street execs who are again handing out mega-bonuses after the government had to bail them out with taxpayer money.

Emanuel accused an ungrateful financial industry of “literally going and fighting the very type of regulations and reforms that are necessary to prevent, again, a crisis like this happening.”

“The American people have a right to be frustrated and angry,” Emanuel said on CNN’s “State of the Union.”

[msongs]

2. emanuel bashes wall street while his boss lets it run the government. hypocrite eh? nt

[joeycola]

5. bingo!

[Craftsman]

3. When you lie down with dogs you will get fleas

[ecstatic]

4. the DNC needs money. Election 2010?

Unless regular citizens are going to cough up all the funds... Or should we only let the RNC raise money for next fall?

[rug]

12. I guess he won't need a half billion in small donations next time.

[Sebass1271]

6. I worked very hard for this man in the last election, can

someone share with me when will his congress, or he will start drafting legislation TO REGULATE wall street? when?

[OmmmSweetOmmm]

7. Not as long as they get kickbacks of $15,000 per plate.

[SemiCharmedQuark]

8. Here's the NY Times take on it. Slightly different than what you presented.

http://www.nytimes.com/2009/10/20/us/politics/20donate.html?_r=2&ref=todayspaper

[OmmmSweetOmmm]

9. thank you for this article. According to this, may aren't attending. This part is quite interesting

'Part of the reason, several Democratic fund-raisers and executives said, is a fear of getting caught in the public rage over the perception that Wall Street titans profiting from their government bailout may use their winnings to give back to Washington in return. And the timing of the event, as the industry lobbies against proposals for tighter regulations to address the underlying causes of last year’s meltdown on Wall Street, has only added to the worry over public appearances.'

So it appears that NBC was spinning the story.

[SemiCharmedQuark]

10. No problem

:)

Although I have to give credit where credit is due. Another poster found the link and posted it in a thread on this subject in GDP

[rodriguez94]

11. hmm....I dunno about that part of it but...

I watched the speech free online :).