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Showing Original Post only (View all)Wall Street banks threaten to withhold campaign funds from Dems in tantrum against Elizabeth Warren [View all]
"Big Wall Street banks are so upset with Democratic Senator Elizabeth Warrens call for them to be broken up that some have discussed withholding campaign donations to Senate Democrats in symbolic protest, sources familiar with the discussions said.
Representatives from Citigroup, JPMorgan, Goldman Sachs and Bank of America, have met to discuss ways to urge Democrats, including Warren and Ohio Senator Sherrod Brown, to soften their partys tone toward Wall Street, sources familiar with the discussions said this week."
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"JPMorgan representatives have met Democratic Party officials to emphasize the connection between its annual contribution and the need for a friendlier attitude toward the banks, a source familiar with JPMorgans donations said. In past years, the bank has given its donation in one lump sum but this year has so far donated only a third of the amount, the source said."
http://www.rawstory.com/rs/2015/03/wall-street-banks-threaten-to-withhold-campaign-funds-from-dems-in-tantrum-against-elizabeth-warren/