February 3rd, 2012 | 
Author: Wall Street pays big to influence Washington – CNN Political Ticker …
politicalticker.blogs.cnn.com1/31/12
Washington (CNNMoney) — Financial industry spending to influence Washington topped $150 million for the second year in a row, with emphasis shifting to regulators of the Dodd-Frank reform law, according to watchdog …
Charts: Wall Street Blows All Other Political Donors Away | Mother …
motherjones.com1/26/12
Wall Street's outsized political influence is no secret, but some new data shows just how much it's ballooned. According to the Sunlight Foundation, campaign spending by elite donors from the finance, insurance, and real …
He got more money from Wall Street than any candidate in the history of U.S. politics!
How can Obama side with Occupy Wall Street protesters when took more money from Wall Street than any candidate in the history of U.S. politics?
It seems like the media and many OWS protesters conveniently forget that Larry Summers was instrumental in the passage of the Financial Services Modernization Act of 1999, which removed the final Glass Steagall regulations on banks, securities firms, and insurance companies, as well as the Commodity Futures Modernization Act of 2000 which deregulated financial derivatives at the very heart of the crisis.
Obama’s response?
Obama made him his Director of the National Economic Council!
As for campaign contributions, Obama’s second largest benefactor in 2008 was Goldman Sachs.
And numbers six and seven were JPMorgan and Citigroup.
In total, the various financial services industries donated a combined $30 million to his campaign.
John McCain received $21 million.
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But Romney is now beating Obama in a fight for Wall St. Cash!
Since this spring, Romney has raised $1.5 million from employees of firms like Morgan Stanley; Highbridge Capital Management, a hedge fund; and Blackstone, a private equity firm.
Whereas Obama has raised just over $270,000 from firms that were among his leading sources of campaign cash in 2008.
Employees of Goldman Sachs, who in the 2008 campaign gave Mr. Obama over $1 million, which was more than donors from any other private employer in the country have only given him about $45,000 this year.
Romney by contrast has raised about $350,000 from the firm’s employees
And the gap is likely to widen as Obama, seeking to harness anger over growing income inequality, escalates his criticism of the industry, after a year spent trying to smooth ties bruised by efforts to impose tougher regulations.