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Where are the Wall Street Execs at Obama’s Fundraiser?
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FBN’s Charlie Gasparino on all the top Wall Street executives who are not attending Obama’s fundraiser.
- Duration 4:20
- Date Jun 23, 2011
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FBN’s Charlie Gasparino on all the top Wall Street executives who are not attending Obama’s fundraiser.
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President Obama throwing a fat -- feast.
We that was the term youth back about a year or two ago after Wall Street had gotten -- -- -- a pretty significant -- but this is happening in Manhattan tonight.
With hopes of raising some serious money from Wall Street but.
Who's not coming to dinner mr.
Obama Charlie Gasparino is as close to the site of tonight's festivities of at.
Why I think they will -- them.
This is an outrage lose a this is an outrage that I have the invite right here a little sick and I and I can't I it's right here and I can't get I can't get in.
You know within fifty feet at this place right now.
It's like he's like what partly on a second whose names are on that that invitation.
Well you know as the main guy here.
Is a guy named mark gallegly this is a pretty interesting guy is -- what he's like what are these.
Big time Wall Street guys and no one knows by name but he's big time -- I deceit.
When I said he was number two -- Blackstone in 2007.
He put on a fairly big fund raiser for Obama same type -- said he -- -- watched it.
That -- Johnny's half shell by the -- Johnny's half shell is right next to the fox news bureau in Washington DC he's putting on this one now what's the difference -- not really the price -- If you look at the invite but the price tag is like 35800.
Dollars ahead.
I'm not sure what you get for all that money but you get this -- with the president and what's different this time is if you look at the invite list -- There's none of those big time Wall Street guys Jaime diamonds that there JPMorgan -- CEO none of the top people at Goldman BofA it's pretty interesting they are boycotting this for some reason the world -- -- town and -- -- we've done some reporting here.
And I'll tell -- I the DNC Democratic National Committee.
Will refuses to give us exactly what the president is gonna eat tonight -- -- -- -- -- a filing a Freedom of Information Act.
What can tell you off the -- with you.
I can tell anybody to get their information Danielle what's going to be the braised -- darling because that's what they're -- -- but quality today I.
I have to tell me I thought that invitation.
They art house options they've got a lot -- behind them many of them have had filed for recipes there it's just a different -- -- Now you know it it is yes but -- that last time 2007 he had.
All the big Wall Street guys all the guys at the big firms for Dick -- when -- -- it was a Lehman was there.
When Lee was at -- Lehman was there top guys at Bear Stearns.
Gary Collins I know how much every time magic Gary -- your eyes are watering -- with.
But you know the that the major guys with -- -- did not hear this -- that's a pretty significant but maybe it's the -- did you see some of the reviews for Danielle.
I mean they were I mean I pulled up some of the review our economy here I mean this expert -- glowing Colorado tasting menus -- 200 noticed one guy said it was appalling.
Another -- -- underwhelming ballots so could someone else and -- the worse three starts parents every you make 200 dollars for -- IG you're actually the -- -- not 200 dollars if you alternates but -- and you're paying 35000.
Dollars right at Charlie the guy who loves funnel it to go to their.
So for a lot less -- okay.
Outlook let me just say this though looking looking at this event here I'm surprised the Wall Street guys didn't show up he and President Bush bailed them out they should be thanking him.
I mean that's that's.
So there are -- actually.
While there's no doubt about that I just you know it we called it a fat -- feast.
Wall Street doesn't like to be called fat cats as you know the president after getting a lot of money from Wall Street.
And actually enacted policies that help them out there 20092010.
They made big big time earnings and it's still doing well now.
Started a sort of name calling campaign which they didn't like so I think that's part of it's also Dodd-Frank these guys not look -- Dodd-Frank the finance reform bill for it it really desperate to bottom like it's it's it's the Jamie Dimon said it may be said it best.
You're putting so much regulation on us we can't lend to small businesses and maybe that's why the economy's going backwards that approach so.
Well there's -- a reasons why they're right it may be boycotting.
For the next hit the next show trying to get at least within the zip code district of the restaurant that is now.
Well you know I think you know talk to you nobody I'll jump over -- is not I'll do whatever Tim.
Okay Charlie I guess I bet.
-- some of that expensive food -- just worried about the back door and maybe that maybe they'll give you some thank you very much Charlie in advance of the big fund raiser for the present.