Wall Street's Bullish
"Follow the money," specifically the amount of it pouring into presidential candidates' coffers from Wall Street, was longshot Democratic presidential candidate Mike Gravel's mantra during last night's presidential debate. A check of the finance reports shows Wall Street is indeed playing a major role in financing several of the Democratic candidates. The securities and investment sectors have plowed $3.3 million into Sen. Hillary Clinton's account, and put $3.1 million behind Sen. Barack Obama, according to this review by the Center for Responsive Politics. Both are out-gunning Republicans Rudolph Giuliani and Mitt Romney on Wall Street.
Even more money is flowing to the top Democrats from hedge funds and private equity firms. As for Gravel, he had a reason to feel sore. His take from Wall Street? $3,500.
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