John McCain‘s recent demonizing of Wall Street is making it tough for him to fundraise amongst the corporate banking sector, writes the Wall Street Journal.

“The McCain campaign hopes to raise $7 million at the event at a midtown Manhattan hotel. For $25,000, guests get a sit-down dinner and a photo with the Arizona lawmaker and his running mate, Alaska Gov. Sarah Palin. Guests who pay $1,000 can attend a reception.

“And though a flurry of pledges in recent days reached the event’s fund-raising goal, organizers in recent weeks had struggled to fill the ballroom.

“The Republican presidential candidate’s “populist stuff sounds good on the campaign trail, but it’s caused a lot of trepidation,” says John Faso, onetime Republican candidate for New York governor and one of the event organizers. Sen. McCain’s relationship with corporate America “has hit a bump in the road,” says Mr. Faso, who is an attorney.”

Read the full story here.

Peter Fray

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