Last week, Marc Lasry defended private equity on national television. "Private equity, do they do God's work or are they vampires?" a CNBC host asked Lasry, who is a hedge fund manager. "I think they do very good work," he replied.
Today, Barack Obama will go to Lasry's New York City home. But the president isn't going to voice his disagreement with the money man; instead, he's going to collect a check--$40,000 per person in attendance.