Search

Tuesday, April 22, 2008

Surprising Source of Obama Support

The New York Times reports that hedge fund managers like Barack Obama. Why?
In a word, access. Unlike Mr. McCain and Mrs. Clinton, Mr. Obama is relatively new to national politics and is therefore open to bringing new people — and new money — into the tent. For money types who want a table, or at least to look involved and get an invitation to the right parties, Mr. Obama is the candidate. As one of the hedge fund managers on the Alpha list said, “To be in Hillary’s inner circle, you had to be giving a decade ago, when Bill was president.” The same goes for Mr. McCain.

No comments: