Ex-Enron Trader to Host Funder With Michelle Obama - Michelle Obama - Fox Nation: "By Julie Mason, Politico
An upcoming Houston fundraiser featuring first lady Michelle Obama at the home of a former Enron executive who is part of a movement to convert public pensions to 401(k)-style plans is angering some local Democrats.
John Arnold, a Houston billionaire and former Enron trader, is hosting the Michelle Obama event with his wife, Laura Arnold, at their Houston home on Nov. 1.
Arnold is part of an organization pushing to convert public pensions — including teachers, police, firefighters and others — to 401(k)-style plans. The effort launched in California but has plans to go nationwide, according to a story by Bloomberg. The story notes that Arnold is a libertarian and his wife a Democrat."
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