Team Obama wonders: How can we a raise a billion dollars for 2012?

Obama’s team is running into resistance in at least one key fundraising hub — New York City, where some of Obama’s biggest 2008 backers have bitterly protested last year’s passage of financial reform legislation and what they perceived as an unfair bad-mouthing of bankers during the debate.

Obama was scheduled to go to New York this week to meet with about 25 large bundlers and supporters – and maybe clear the air – but that event was canceled after the Tucson shootings at the congressional event of Rep.Gabrielle Giffords (D-Ariz.), according to one prominent New York fundraiser.

In other places, such as Pennyslvania, top donors say Obama has to get in line behind other candidates who need the cash more urgently. And some donors are worried that the party has been slow off the mark in responding to the latest onslaught of GOP fundraising, millions of dollars raised from secret donors by a variety of Republican outside groups, including two associated with former Bush advisers Karl Rove and Ed Gillespie.

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