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Brain -> Financiers Switch to GOP (4/26/2011 8:37:46 PM)
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President Obama is very mean and he hurt their feelings so they are now supporting Republican candidates. Of course, those responsible for the financial crisis should have been investigated and prosecuted by the Justice Department but that never happened and the banks are still speculating on oil and no one is doing anything about that but we just can't be mean to Wall Street no matter what they do, I suppose.
Financiers Switch to GOP
But since Mr. Obama's inauguration, Mr. Loeb has given $468,000 to Republican candidates and the GOP, and just $8,000 to Democrats. Hedge-fund kings have feelings, too, and the president appears to have hurt them.
"I am sure, if we are really nice and stay quiet, everything will be alright and the president will become more centrist and that all his tough talk is just words," Mr. Loeb wrote in an email about four months ago expressing frustration with the president's posture toward Wall Street. "I mean, he really loves us and when he beats us, he doesn't mean it." The email, sent to eight friends, was widely circulated on Wall Street.
http://online.wsj.com/article/SB10001424052748703461504576231121265117538.html?mod=WSJ_hp_LEFTTopStories
See donations from hedge-fund managers and their spouses and employees, 2000-10.
[image]local://upfiles/392475/23B1D012D1E6467EA4DC140BFCF5813D.jpg[/image]
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