Michelle Obama Backs Out of Enron Trader’s Fundraiser

The White House has announced that the First Lady isn’t coming to our fair town – at least not for now.

Michelle Obama was scheduled to be a guest at the home of John Arnold on Tuesday for a fundraiser, but the event has been postponed due to “a scheduling conflict.” The White House says it will be rescheduled but has not determined a date.

John Arnold, a former Enron trader, and his wife Laura were planning to greet guests who who paid $10,000 to attend or couples who paid $15,000. A 5:30 reception cost $250.

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