Photo: AP Images
Although presidential hopeful Mitt Romney has been repeatedly criticised for his association with the “fat cats” of Wall Street, he just can’t seem to stay away. Now, he’s linking arms with one of the most famous and richest among them.Last Thursday, billionaire hedge fund manager John Paulson held a private, “big-dollar” event for Romney at his Upper East Side townhouse, the Daily Beast reported, citing sources that attended the event. As many know, Paulson is most famous for making billions during the financial crisis by shorting mortgages. In the past, he’s also blasted the discourse against the 1%, like the Occupy Wall Street movement.
A neighbour who saw the gathering outside Paulson’s townhouse told the Daily Beast that a crowd of “older white people, mostly men” were there.
Romney has certainly been more popular among the finance crowd when it comes to fundraising. Here’s the statistic from the Daily Beast:
According to the latest numbers from The centre for Responsive Politics, Romney has out-raised President Obama by a four to one margin among donors in hedge funds and private equity. Romney’s campaign has raised $2.48 million in this industry while Obama has collected just under $625,000.
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