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Wall Street Drops Obama for Romney

Moving On

Mostly conservative PACs receive their money.

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There once was a time when Wall Street loved Barack Obama. It was 2008, to be exact, but times have changed, it seems, and now more of those who make big money on Wall Street are giving it to Obama's Republican challenger, Mitt Romney, and others in his party, $56.4 million dollars, in fact, through both individual donations and PACs. Comparitively, those in the same business have given $35.1 million to Democrats. This may not seem like a huge difference, 89 percent of the $43.7 million Wall Street donors have given to super PACs has gone to conservative groups.

Read it at WNYC