DreamWorks Animation CEO, Jeffrey Katzenberg has become arguably President Barack Obama’s strongest political ally.
The Securities and Exchange Commission is looking into possible insider trading by Wall Street executives following a private 2008 meeting with then Treasury Secretary Hank Paulson.
Since the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, a recent Sunlight Foundation analysis showed that federal regulators have had a massively disproportional number of meetings with the nation’s biggest banks, in contrast to the number of meetings held with reform-oriented groups.
Wall Street professionals do not seem to be taking President Obama’s criticisms of their industries to heart, at least when it comes to fundraising.
Liberal protesters funded by secretive, big money non-profits marched to the headquarters of a conservative super PAC on Wednesday to protest the influence of secretive big money in politics.
Wall Street investment companies comprise a significant portion of President Obama’s campaign donors, Bloomberg reports.
Jake Siewert, Treasury Secretary Tim Geithner’s former counselor and White House press secretary during the Clinton administration, has taken a job at Goldman Sachs.
President Obama is heading back to Wall Street on March 1 to beg hedge fund managers and investment bankers for some more campaign donations, days after calling for higher taxes on the wealthy in his 2013 budget.
Former White House press secretary and current Obama re-election campaign consultant Robert Gibbs will speak at the 2012 SALT Conference, an annual meeting of some of the world’s most powerful hedge fund managers, investors, and political figures.