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The Primer on Penny Pritzker - Politisphere

Friday, March 08, 2013 - 02:17

Billionaire businesswoman Penny Pritzker is widely viewed to be among President Obama’s top candidates for Secretary of Commerce. She is a key figure in the president’s tight Chicago circle and was a top fundraiser. Jeff Mason reports.

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Penny Pritzker one of Obama's close friends from Chicago with the leading candidate to become commerce secretary Pritzker is a very. Wealthy businesswoman. Who's been very active in both of Obama's campaign. She has -- net worth of close to two billion dollars. That would. Baker probably the richest person in his cap penny Pritzker was essentially the head of finance and fund raising for then Senator Obama in 2008. Absolutely the brains behind the record amount of money that you -- that campaign penny Pritzker was one of president Obama's top twenty -- in 2012 butlers are people who put together a group money from other donors 12012 Pritzker gathered more than a million dollars through that. -- campaign penny Pritzker of -- the Obama through Michelle Obama's brother Craig Robinson who was coaching. Their children at the YMCA. I dropped from the course that very. Successful basketball coach now and that of -- that Pritzker is connected to many people in the Obama orbit including Marty Nesbitt a close friend of Obama's. With whom she had a joint venture in a parking. Company almost every time Obama goes back to Chicago back in his own house. In that meeting up with his friend Marty Marty Nesbitt also plays golf with the president sometimes comes from their vacations Pritzker has a pretty wide swath of interest in business in Chicago Merck family -- closely connected to the Hyatt hotel chain wanna for companies -- a private equity firm called PSP capital partners. She's also part of -- -- this real estate partners another one of her firm's -- business record is not without controversy as some of that controversy is likely to come up -- and a confirmation hearing what those controversies related to the superior bank which is former chairman of superior bank got involved in this sub prime loan mess that the 2000 thin and in 2001 it ended up being seized by federal regulators. So there's a lot of controversy about this potential perfect but it would also addressed a bit of criticism that the president has faith that he doesn't have enough. People in his cabinet with business experience.

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The Primer on Penny Pritzker - Politisphere

Friday, March 08, 2013 - 02:17