Hamptons Elite Throw Cash at Trump at Ritzy Fundraiser
Donald Trump paralyzed the Hamptons on Friday as hedge fund managers unmoored their vaults of cash, warming to the GOP presidential nominee after cold shouldering him the past few years.
“Whatever trepidations the Hamptons finance set had about Trump are melting like frozé in the sun,” communications strategist James McCarthy said in a text message to the Daily Beast as he sat poolside at his home less than a mile from a fundraiser for Trump.
The event, co-hosted by Howard Lutnick of the investment banking behemoth Cantor Fitzgerald, aimed to raise $10 million for the GOP presidential nominee, according to Bloomberg. The former president, with his Secret Service detail in tow, forced road closures and snarled traffic in the seaside resort enclave. Lutnick was co-hosting the fundraiser with Farvahar Partners CEO Omeed Malik and John Paulson, a Trump mega donor and billionaire hedge fund operator.