Romney Crushing Obama in Donations From Wall Street

Videos Highlighting The Latest Search Trends.
June 13 2012 3:53 PM

Romney Crushing Obama in Donations From Wall Street

Thus far, Mitt Romney has far outpaced President Barack Obama in fundraising from Wall Street.

Photo by Chip Somodevilla/Getty Images

When it comes to Wall Street, votes in the presidential election might already be cast—or cashed, rather.

The financial sector has donated a whopping $37.1 million to Republican candidate Mitt Romney so far. The Obama administration’s haul? A measly $4.8 million. Why the giant disparity? According to some donors who gave to the president in 2008, Obama’s policies aren’t fixing the economy. The president’s support of financial regulation legislation and push to raise taxes on the wealthiest Americans probably hasn’t helped either. 


Ken Griffin, the Citadel hedge fund founder, donated the maximum amount of $4,600 to Obama in the last presidential race. But this time around he’s changed his tune, accusing the president of “class warfare,” giving $2,500 to Mitt Romney’s campaign and nearly $1.1 million to pro-Romney super PAC Restore Our Future, according to Politico. Also playing a big role: the huge influx of cash allowed by the Supreme Court’s Citizens United decision.

The good news for Obama? He can keep making the argument that compared to Romney, he’s definitely part of the 99 percent.

Video by Paca Thomas. 



Don’t Worry, Obama Isn’t Sending U.S. Troops to Fight ISIS

But the next president might. 

IOS 8 Comes Out Today. Do Not Put It on Your iPhone 4S.

Why Greenland’s “Dark Snow” Should Worry You

How Much Should You Loathe NFL Commissioner Roger Goodell?

Here are the facts.

Three Talented Actresses in Three Terrible New Shows


The Human Need to Find Connections in Everything

It’s the source of creativity and delusions. It can harm us more than it helps us.


More Than Scottish Pride

Scotland’s referendum isn’t about nationalism. It’s about a system that failed, and a new generation looking to take a chance on itself. 

The Ungodly Horror of Having a Bug Crawl Into Your Ear and Scratch Away at Your Eardrum

We Could Fix Climate Change for Free. Now There’s Just One Thing Holding Us Back.

  News & Politics
Sept. 17 2014 7:03 PM Once Again, a Climate Policy Hearing Descends Into Absurdity
Business Insider
Sept. 17 2014 1:36 PM Nate Silver Versus Princeton Professor: Who Has the Right Models?
Sept. 17 2014 6:53 PM LGBTQ Luminaries Honored With MacArthur “Genius” Fellowships
  Double X
The XX Factor
Sept. 17 2014 6:14 PM Today in Gender Gaps: Biking
  Slate Plus
Slate Fare
Sept. 17 2014 9:37 AM Is Slate Too Liberal?  A members-only open thread.
Brow Beat
Sept. 17 2014 5:56 PM Watch Louis C.K., Dave Chappelle, Bill Hicks, Mitch Hedberg, and More on New YouTube Channel
Future Tense
Sept. 17 2014 7:23 PM MIT Researchers Are Using Smartphones to Interact With Other Screens
  Health & Science
Sept. 17 2014 4:49 PM Schooling the Supreme Court on Rap Music Is it art or a true threat of violence?
Sports Nut
Sept. 17 2014 3:51 PM NFL Jerk Watch: Roger Goodell How much should you loathe the pro football commissioner?