Golden Parachute

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Rough sign when the private equity guy who hosted the party reaches for the parachute.

Marc Leder, who hosted the now-infamous fundraiser in Boca Raton (and also hosts parties in the Hamptons where people get to do the 1% wild thing in the pool — not that there’s anything wrong with that) releases this statement to Fortune

In a statement first given to Fortune, Leder says: “I hosted a fundraiser for an old friend in May. I believe all Americans should have the opportunity to succeed, to improve their lives, and to build even better lives for their children. I have supported people from both political parties who share this view and make it a priority, even though their ideas on how to achieve it may differ.”

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Josh Marshall is editor and publisher of TalkingPointsMemo.com.
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