Not Even Warren Buffett Can Get Wall Street To Give To Obama

by Staff Writer on October 3, 2011

warren-buffett-at-white-house-with-obama

By Zeke Miller

Berkshire Hathaway CEO Warren Buffett hosted a fundraiser for the Obama campaign on Friday, with a ’disappointing’ turnout, one guest told The New York Post.

The Obama campaign and the Democratic National Committee generated over $1.5 million from the fundraiser, The New York Times reported — meaning it was at least a partial success, but over a dozen of the $10,000-a-plate seats were left unfilled even after staffers filled empty seats. (Guests could also pay $35,800 to meet Buffett.)

The difficulty filling Manhattan’s Four Seasons restaurant — even with the Oracle of Omaha as a headliner — underscores the difficulty for Obama at luring Wall Street’s money for his reelection campaign.

Jim Chanos, the billionaire hedge fund manager and short seller, was among the best known attendees, and bank executives were noticeably absent from the fundraiser.

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