![]() In November, after Jarrett showed interest in trying to reboot relations, he led a mission of Wall Street executives to Washington, where they met with her and other senior White House economic advisers in the Eisenhower Executive Office Building next to the White House. In addition to Lasry, the meeting included Goldman Sachs President Gary Cohn, Fortress Investment Group co-chairman Wes Edens and Morgan Stanley President Gary Fleming, among others. Shortly after the election, in a bid for rapprochement, the hedge fund executive Marc Lasry-a major party donor-tried to stage an intervention. ![]() Reported Politico in its 2013 piece, " Lament of the Plutocrats": But Lasry is also a leader of the Street's "hurt feelings" crowd who had the nerve to complain a few years back when President Obama and a few other, mostly Democratic pols uttered mild criticisms over the fact that financial speculation crashed much of the world economy in 2008. Unlike many of his peers on Wall Street, Lasry considers himself a liberal Democrat, and he says he opposes the so-called carried interest loophole that allows some billionaire traders to pay a lower federal income tax rate than their secretaries. (but) trust me, the dollars are still obscene." " Obviously, what we make is absolutely obscene," Lasry told a 2007 forum on hedge funds. Today he's considered one of the top hedge-fund managers around - reportedly earning $280 million in one year, 2013, according to Forbes. The mid-50-something Lasry is certainly on one level an American success story - born in Morocco, he and his family took the proverbial Marrakesh Express to the United States when he was just seven he earned a law degree and specialized in bankruptcies during the Reagan era before moving into hedge funds that would focus on distressed companies in the 1990s. Hillary Clinton's campaign manager briefed some of her most loyal and active fund-raisers this morning about the upcoming Nevada caucuses and responded to frustrations among some of her donors that the campaign needed to do a better job of demonstrating its successful mobilization of grassroots activists and small donors.īut just who exactly is Clinton donor and Wall Street investor Marc Lasry? What struck me about the piece was not so much the "who" or the "what" as the "where." The New York Times reported last week that Clinton's top fundraisers and strategists had an emergency meeting to discuss ways to retool the campaign. What's most surprising is that the Clinton brain trust has abandoned its natural instinct to hide its anxieties from the world. Shocking numbers of Democrats, in exit polls, have questioned Clinton's honesty and integrity. The Vermonter is walloping the former secretary of state among most voters under 30. Sanders then trounced Clinton in the first-in-the-nation primary in New Hampshire before Saturday's hard-fought Clinton win in Nevada. The self-proclaimed "democratic socialist" nearly won in Iowa, short just a handful of votes and maybe a coin flip or two. Still, the Sanders campaign has had the Clinton-juggernaut-that-wasn't running a bit scared. Bernie Sanders and winning the Democratic presidential nomination that will be doled out right here in Philadelphia in July polls do show that so far she's holding onto enough black and Latino support to probably get wins in South Carolina and some other early Southern primary states. To be sure, her narrow win Saturday in Nevada seems to shore up her chances of defeating Vermont Sen. Hillary Clinton hasn't exactly been a lion in winter during her slow march toward the Democratic nomination. Marco Rubio kept repeating himself in a GOP presidential debate earlier this month. There it is! The memorized 25-second speech! There it is, everybody!
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