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Ferd Berfel

(3,687 posts)
Mon May 9, 2016, 02:04 PM May 2016

Wall Street Donors Flocking to Clinton

Last edited Mon May 9, 2016, 05:48 PM - Edit history (1)

http://www.commondreams.org/news/2016/05/09/wall-street-donors-flocking-clinton

Democratic frontrunner has seen a surge in financial sector donations since business-friendly Republican candidates have dropped out of the race.

Now that Donald Trump has secured his position as the presumptive Republican nominee, Wall Street donors are fleeing the party and throwing their support behind Democratic frontrunner Hillary Clinton.

A Wall Street Journal analysis published late Sunday found that the former secretary of state "has raised $4.2 million in total from Wall Street, $344,000 of which was contributed in March alone."

In fact, Clinton has seen a surge in financial sector donations since business-friendly Republican candidates—namely former Florida Gov. Jeb Bush and Florida Sen. Marco Rubio—dropped out of the race. According to the newspaper's reporting on fundraising data provided by the Center for Responsive Politics, "the former secretary of state received 53 percent of the donations from Wall Street in March, up from 32 percent last year and 33 percent in January through February, as the nominating contests began."

WSJ notes that "Trump, by contrast, hasn’t garnered more than 1 percent of Wall Street contributions in any month through March," although the New York billionaire is expected to be much more active in soliciting donations for the general election.

(snip)
"They know Hillary," Rogers added
-------------
I guess it's official

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Trust Buster

(7,299 posts)
1. Great news. Republicans will drop $2 billion on this election. If they wish to compete,
Mon May 9, 2016, 02:07 PM
May 2016

Hillary and the Democrats better come close to matching that or a Republican President will reshape the Supreme Court and we'll be stuck with Citizens United for a generation.

onehandle

(51,122 posts)
2. Well, she is our next President. Makes sense.
Mon May 9, 2016, 02:07 PM
May 2016

She'll need even more money, since so much was wasted backing a unicorn.

 

Herman4747

(1,825 posts)
3. Definitely not surprising.
Mon May 9, 2016, 02:07 PM
May 2016

She ought to dress like what of those bought-and-paid-for NASCAR drivers, making sure that the Goldman Sachs emblem is the most prominent.

Yurovsky

(2,064 posts)
6. I'm surprised...
Mon May 9, 2016, 02:10 PM
May 2016

I figured the Wall Street would figure they've won regardless once it was HRC v Trump, no need to keep tossing money at HRC. This tells me they're actually more comfortable with HRC.

And I'm supposed to be OK with that...

Like I've said a hundred times, she's a wholly owned subsidiary of Goldman Sachs. If she wins the nomination, poor & working class Americans lose. Big time.

griffi94

(3,731 posts)
8. In other words
Mon May 9, 2016, 02:13 PM
May 2016

to keep Trump out of the Whitehouse.

Any group of serious
people would want to block a reality TV star and media
celebrity who is incompetent from being POTUS.

Well good for Democrats.
It's going to take a lot of money to beat Trump.
I'm glad Hillary will have a large warchest.

 

Armstead

(47,803 posts)
17. You could if the whole Democratic Party were to contribute and otehr supporters and...
Mon May 9, 2016, 02:37 PM
May 2016

give as much more they can afford up to the legal limit.

That would yield a yuuuge amount of money from the broadly based population rather than Corporations.

 

Lizzie Poppet

(10,164 posts)
14. Now that another peasant uprising seems to have been quashed...
Mon May 9, 2016, 02:21 PM
May 2016

...the nation's actual rulers can get down to the business of making sure the preferred sock puppet is placed "in charge."

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