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Obama Speaks At Breakfast Fundraiser Before Leaving Southland

LOS ANGELES (CBS) — President Barack Obama concluded a two-day Southland visit Thursday with an appearance at a breakfast campaign fundraiser in View Park, one of the nation's wealthiest predominately black enclaves.

The breakfast was held at the home of developer Charles Quarles and his wife JoAnn. Quarles is the founder and president of The Bedford Group, which bills itself as one of the leading real estate development firms serving the needs of urban communities throughout the Greater Los Angeles area.

Proceeds from the event will go to the Obama Victory Fund, a joint fundraising committee of Obama for America, the formal name of his re-election campaign, the Democratic National Committee and several state Democratic parties.

The breakfast was Obama's 153rd fundraiser since announcing his bid for re-election on April 4, 2011, according to the Republican National Committee.

The trip -- roughly 19 hours -- was Obama's 11th to the Los Angeles area since taking office, the eighth solely for political fundraising. He spoke at political fundraisers during all but his first visit to Southern California as president.

Following the breakfast, Obama headed to LAX to board Air Force One, which took him to Las Vegas, where he will speak at the University of Nevada Las Vegas about college affordability.

Obama began his Southland visit with two campaign fundraisers in Beverly Hills, where he spoke to mostly lesbian, gay, bisexual and transgender audiences and discussed his efforts on behalf of their community.

(©2012 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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