Can Obama Win Over The Billionaires? : The New Yorker

08/20/2012 10:09 am ET | Updated Oct 20, 2012

The summer before the 2010 congressional elections, the Democrats' prospects began to look alarmingly weak. On July 28th, President Barack Obama flew to New York City for two high-priced fund-raisers aimed at replenishing his party's war chest, largely with money from Wall Street. For a busy President, such events could be a chore.