Monday, June 23, 2008

Warren Buffett booked for two back-to-back $28,500 Obama fund-raisers July 2 in Chicago

The Chicago Sun-Times reports:
Superinvestor Warren Buffett plays a double header in Chicago for presumptive Democratic nominee Sen. Barack Obama (D-Ill.),headlining not one but two $28,500 per-person raise or give fund-raisers on July 2. Buffett is the draw at a 7 p.m. dinner at the home of Obama national finance chair Penny Pritzker and her husband, Bryan Traubert, also chaired by Obama senior advisor Valerie Jarrett.

Before that, Buffett shares his financial wisdom with donors at a 90-minute "economic roundtable" hosted by Pritzker, Jarrett, Austan Goolsbee, the campaign senior economic chair and John Rogers Jr., the Obama campaign Illinois co-chair. The event will be at the offices of Rogers' Ariel Investments.

An individual can give $2,300 per candidate per election, or $4,600 total for a primary and general election. An individual can give $28,500 to the national party per calendar year. Since the GOP and Democratic parties are now working for their respective nominees, for all practical purposes, giving to the party is the same as giving to the candidate.
Obama's non-small donors.