President Obama "is looking for deep-pocketed Democrats to fund his re-election after dropping his opposition to a new breed of political-action committee, and some allies have set their sights on a Hollywood billionaire who ranks as one of the Democrats' biggest-ever donors," the Wall Street Journal reports.
"Obama supporters are soliciting help from Haim Saban, an Israeli-American music and media executive who owns the rights to the Mighty Morphin Power Rangers, according to people familiar with the matter."