Business Update on KPCC: How the rich are bankrolling the campaign

You really see it in California, where Jerry Perencho and Jeffrey Katzenberg top the list of high-flying contributors to President Obama, Mitt Romney, and the others. Just look at how Obama was able to get 80 people to pay $36,000 a plate for dinner last week. That's around $3 million without even blinking. Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump