Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProSense

(116,464 posts)
Wed Jan 25, 2012, 04:19 AM Jan 2012

Romney Collects More In Donations From The Five Biggest Banks Than All Other Candidates Combined

Romney Collects More In Donations From The Five Biggest Banks Than All Other Candidates Combined

By Pat Garofalo

Mitt Romney has been leading the way in the 2012 presidential race when it comes to donations from Wall Street, pulling in millions from the financial sector since he launched his campaign. And the industry’s favor for Romney comes across even more when looking at just the five biggest banks in the U.S.: JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs

In fact, as McClatchy News noted, Romney has received more in donations from employees of the nation’s five biggest banks than all of the other presidential candidates combined:

Employees at the five largest U.S. banks by assets, including Bank of America Corp. and Wells Fargo & Co., had given Romney about $600,000 through the first three quarters of 2011, according to the most recent filings available from the Federal Election Commission.

The second-largest recipient of bank employee contributions, President Barack Obama, had far less, about $200,000, the analysis showed. The Republican presidential hopeful with the second-highest total, former Minnesota Gov. Tim Pawlenty, dropped out of the race in mid-August.

Romney received more from employees of those top five banks than all the other candidates combined.

So far, the financial industry has made 69 percent of its donations in the presidential race to Republicans, a trend that, if it continues, “would mark the most skewed to one party the spending has been in more than two decades.”

- more -

http://thinkprogress.org/economy/2012/01/24/410080/romney-donations-five-biggest-banks/


Romney Earns Most Endorsements From Former CEOs With $100 Million-Plus Golden Parachutes
http://www.democraticunderground.com/1002208358

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Romney Collects More In Donations From The Five Biggest Banks Than All Other Candidates Combined (Original Post) ProSense Jan 2012 OP
of course, that's his base JI7 Jan 2012 #1
But it doesn't matter because Gingrinch can continue to get $5 million dollar donations from yahoos applegrove Jan 2012 #2

applegrove

(118,682 posts)
2. But it doesn't matter because Gingrinch can continue to get $5 million dollar donations from yahoos
Wed Jan 25, 2012, 04:39 AM
Jan 2012

through citizens united, and those Gingrinch PACs can run ads to match Romney's.

Latest Discussions»General Discussion»Romney Collects More In D...