Tag Archives: #financialreform #wallstreet

We already knew this. It’s no secret. Obama and Wall Street have had a very public break-up. Of Tiger/Elin Woods proportions. In fact, anyone who has friends who work in finance–like me–have heard the rants firsthand. Wall Street to Obama is the equivalent to a scorned woman looking to take her ex-husband for all he’s worth. They feel burned by the President and it’s gotten pretty ugly. Losing your biggest (and wealthiest) supporters can only mean one thing: they go to the other party. The numbers are in and there has been heavy casualties: Less than two years ago, Democrats received 70 percent of the donations from Wall Street; since June, when the financial regulation bill was nearing passage, Republicans … More >>