News Center

open
Elsewhere Online twitter Facebook SLS Blogs YouTube SLS Channel Linked In SLSNavigator SLS on Flickr

Billionaire Donors Split With Obama on Law That May Hurt Hotels

Publication Date: 
May 07, 2009
Source: 
Bloomberg.com
Author: 
John Lippert and Holly Rosenkrantz

Professor William B. Gould IV is quoted and alumna Penny Pritzker is mentioned in a Bloomberg.com article that discusses conflicting positions between President Obama and his election campaign fund raisers regarding legislation that would make it easier for unions to organize:

Penny Pritzker, Obama’s campaign finance chairwoman and a director of Global Hyatt Corp., has told the president she is opposed to the measure, known as card check, said a person familiar with the situation. Neil Bluhm, a partner in Walton Street Capital LLC, also opposes the bill, the person said. Lester Crown, chairman of Henry Crown & Co., criticized the proposal in an interview.

For the city’s business leaders who nurtured Obama’s White House bid, card check is a gut check on support for their hometown president. Labor, which spent $100 million on Democratic campaigns last year, made it a top priority to enact a bill giving workers bargaining rights based on signing cards instead of winning a secret-ballot election.

“Obama has very carefully straddled two positions,” said William B. Gould, a former National Labor Relations Board chairman under President Bill Clinton. “He has been supportive of the bill, but he has been very careful to not speak of any particular provision.”