from bloomberg: Billionaire investor Warren Buffett will host a fundraising event for Democratic presidential candidate Hillary Clinton in New York this month, helping her attract donors who can write four-figure checks and court fresh faces in the investing community.
An invitation for the June 26 cocktail party, whose location is still to be announced, says a limited number of tickets will go to “young Wall Street” at $500 each. Other attendees are asked to give between $1,000 and $4,600, the legal maximum.
Buffett, who built Omaha, Nebraska-based Berkshire Hathaway Inc. from a failing textile maker into a holding company with a market value of $168 billion, said last month that he would help either Clinton or Illinois Senator Barack Obama with their presidential campaigns if asked. He will also host a fundraiser for Obama, said Obama spokeswoman Jen Psaki.
Clinton and Obama both “would apply enormous energy toward the right goals,” Buffett said in a May 9 interview. “Either one would make a great president.” …
Executives at Citigroup Inc. and Goldman Sachs Group Inc. represent the two biggest groups of donors to Clinton, 59, during her two Senate campaigns. In the first quarter of the presidential race, Goldman employees gave more of their contributions to Obama than to Clinton, Federal Election Commission filings indicate.
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