Friday, September 19, 2008

Wall Street Freezes Presidential Candidates

Yeah, these guys are gonna fix Wall Street; more like Wall Street has fixed the presidency!

"Wall Street 'bundlers' rank high on rivals' money list

Barack Obama and John McCain, in vowing to deal with the Wall Street crisis, stress that they want to protect American families from the carnage and punish rapacious speculators and chief executives. But a new report released yesterday suggests their loyalties might be more divided.

The nonpartisan Center for Responsive Politics said Wall Street movers and shakers are among the candidates' top "bundlers," fund-raisers who collect contributions from others.

The securities and investment industry is the top source of McCain's bundlers, including at least 69 people who have raised a total of at least $11.4 million, the center said. The industry is Obama's second-biggest source of bundlers, with at least 56 people who have raised at least $8.9 million, the center says (Boston Globe)."