Wall Street Backing Romney in a Big Way

Wednesday, 13 Jun 2012 10:20 AM

By Newsmax Wires

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Wall Street is betting on Mitt Romney and betting big: Financial-sector donors have given the Republican presidential nominee and the super PAC supporting him $37.1 million to $4.8 million for President Barack Obama’s campaign, according to Politico.

In a clear sign of Wall Street turning its back on Obama, Politico reported that 19 of the top donors backing Romney originally gave to Obama in 2008. They have already given Romney and his super PAC $4.8 million through April compared to the $213,700 they gave to Obama in 2008. None of the donors have given money to Obama’s campaign this year.

Anthony Scaramucci, a Manhattan hedge fund manager told Politico that finance donors are making the switch because “they feel that our country is in trouble — that our economy is in trouble.”

“There is so much dissatisfaction with the current president and his failed policies that we have found more and more people who are willing and wanting to get involved and who are eager to line up behind Gov. Romney,” Scaramucci told Politico.



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Obama: Easter a Time to Reflect on Hope, Renewal

Saturday, 19 Apr 2014 07:13 AM

President Barack Obama is encouraging Americans to draw strength and inspiration from the Easter and Passover holidays.I . . .

Atheist Sues After New Jersey Rejects License Plate

Friday, 18 Apr 2014 22:31 PM

Shannon Moran, of Maurice River Township has filed a lawsuit against the state Motor Vehicle Commission, saying it viola . . .

South Carolina Mayor Fires Lesbian Police Chief

Friday, 18 Apr 2014 22:20 PM

A South Carolina mayor fired his 20-year veteran chief of police, who is a lesbian, reportedly declaring in a recorded p . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved