JPMorgan Executives Plan Romney New York Fundraiser Next Month
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Four JPMorgan Chase & Co. executives, including the banker who battled the Obama administration over the restructuring of Chrysler LLC, are co-hosting a New York fundraiser for Mitt Romney next month.
“He dominates the Republican field when it comes to being able to win a general election,” James B. “Jimmy” Lee Jr., a JPMorgan vice chairman, said in an e-mail inviting donors to contribute $2,500 to back Romney, obtained by Bloomberg News. Lee led negotiations for Chrysler’s lenders when President Barack Obama’s auto task force was preparing to put the company into bankruptcy in 2009. He later praised the administration for its response to the auto industry, including the public offering of General Motors Co.