Free Republic

JANUARY 23, 2010 Obama's Lead Blocker on Wall Street UBS Executive Advises President on Economic Issues Even as Feud Between White House, Finance Industry Heats Up By NEIL KING JR. President Barack Obama's long feud with Wall Street is getting only hotter. He is pushing a regulatory revamp that would rein in the size and power of the big banks, after jabbing at "fat cat bankers" and denouncing Wall Street greed. But Mr. Obama has at least one buddy in the banking business: a former University of Pennsylvania fullback and ex-Salomon Brothers bond trader who now serves as an outside...

One of President Obama’s largest financial backers is a key executive at the largest Swiss bank in the world, complicating his criticism of presumptive Republican nominee Mitt Romney. Robert Wolf is president of Swiss financial giant UBS Investment Bank and chairman of UBS Americas. He has been one of Obama’s most prolific fundraisers dating back to 2006, when the former Senator from Illinois initiated his run for the White House. Wolf has bundled more than $500,000 for the president’s reelection, campaign records show. He is but one of many wealthy bankers Obama has turned to in an effort to win...