The Wallets of Wall Street Are With Joe Biden, if Not the Hearts [The New York Times]
The Carlyle Group Inc. (CG)
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Source: The New York Times
mentContinue reading the main storySupported byThe Wallets of Wall Street Are With Joe Biden, if Not the HeartsThrough donations, finance executives played a critical role in helping Joe Biden turn his campaign around. They’ve mostly grown to like him, if not love him.Former Vice President Joseph R. Biden Jr. in his field office in Salem, N.H., in February, a time when his campaign was on rocky footing.Credit...Elizabeth Frantz for The New York TimesByKate KellyShane GoldmacherThomas KaplanAug. 9, ,As Wall Street donors arrived at a fund-raiser forIt was Feb. 13, and Mr. Biden had just been thrashed in the New Hampshire primary after finishing poorly in the Iowa caucuses a week earlier. He was in desperate need of both momentum and money. Still, as Mr. Biden confided to the private-equity executive who co-hosted the event that night: Win or lose, he planned to “play my heart out to the very end,” as that executive, Jon Gray, later recalled.And finance executives have played a critical
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