General Discussion
In reply to the discussion: Oh my god cant BELIEVE what I just heard Cenk Uyger just say [View all]pnwmom
(110,263 posts)(The issue of PAC money is entirely separate -- because of the Supreme Court decision, corporations are allowed to donate to PACS. But this isn't what Cenk was talking about.)
By law, Wall Street corporations cannot donate to candidates.
There are only legal donations from individuals, all limited by law to the same maximum as any other donor in any other field; and the people whose donations get lumped together because they work for financial institutions range from janitors, to bank tellers, to stock analysts, to high flying stock salesman and managers.
No doubt some of Bernie's $50 donations came from people who work on Wall Street. They are entitled to have their voices heard through their donations as much as employees of any other corporation.
And any politician who represents NY is going to have a significant fraction of donations from INDIVIDUALS who work on Wall Street because NYC is the financial capital of the country.