Thursday, September 1, 2011
Wall Street cash shifts to Romney from Obama
From Reuters: Wall Street money is heavily favoring Republican presidential candidate Mitt Romney in the race to unseat President Barack Obama, the latest signal of business unease with Obama's tenure and perhaps a bet on his re-election chances.
Romney, a co-founder of buyout firm Bain Capital, stresses his Wall Street acumen in his bid to win the Republican nomination to challenge Obama in the November 2012 election.
About a quarter of the $18 million Romney raised in the second quarter came from the financial sector, while 4.4 percent of the $48 million Obama's campaign raised came from that group, according to the Center for Responsive Politics. Employees at the five biggest U.S. banks made the list of Romney's top 20 donors, while just Goldman Sachs made it onto Obama's contributor roll….
Find out more at http://www.reuters.com/article/2011/09/01/us-usa-campaign-fundraising-idUSTRE7805KL20110901
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