Bad Beat

Lasry withdraws from ambassador contention over poker habit
Marc Lasry / AP

Billionaire and major Obama fundraiser Marc Lasry has withdrawn his name for ambassador to France, because of his ties to an alleged Russian mob-run high-stakes poker ring.

White House Welcomes Wall Street Donors

AP

The White House is continuing the trend of granting access to major Democratic donors. The White House opened its doors to Wall Street hedge fund directors for a discussion on the budget crisis this week. Many of the guests were major donors to the president and other Democratic candidates.