Wall Street Investing in Republicans

Big Business
By Team at August 11, 2010 - 10:15am

Wall Street is pouring money into the campaign coffers of the Republican Party. The Republicans stood up for Wall Street on Capitol Hill, and, Wall Street is paying them back:

Financial firms and the people who work for them are increasingly donating their political cash to Republicans, according to a preliminary Center for Responsive Politics analysis of second-quarter federal campaign finance data.

The Center's preliminary study indicates that political action committees and individuals associated with the broad finance, insurance and real estate sector have given more money to federal-level Republican interests during every month since December. The gap continued to grow during that time, reaching its widest point in June...

Contribution trends toward Republicans is particularly pronounced in the securities and investment industry, the Center finds...

The Republicans stand up for Wall Street. So, Wall Street is standing up for the Republicans.

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