Obama, McCain big beneficiaries of Wall Street

[chri'stina 190]

(CNN) — Both Barack Obama and John McCain have strongly benefited from Wall Street this election cycle, an analysis from the Center for Responsive Politics reports.

According to the non-partisan research organization, employees of security and investment firms have donated nearly $10 million to Barack Obama this year and close to $7 million to McCain's presidential bid.

McCain has particularly benefited from Merrill Lynch, the global financial services firm whose sale to Bank of America shook Wall Street Monday morning. He has raised nearly $300,000 from Merrill employees this year — more than any other firm.

Barack Obama, meanwhile, has strongly benefited from employees of Lehman Brothers, the financial firm that filed for bankruptcy Monday morning. The Illinois senator has raised approximately $370,000 from Lehman employees this year, more than three times what McCain has raised from employees of the failing firm.

Both McCain and Obama sharply criticized Wall Street practices Monday morning, and are calling for more regulation in the investment industry.

http://politicalticker.blogs.cnn.com/2008/...of-wall-street/

[kaydee457 13]

Oh boy, it won't be long until someone here makes the accusation that Lehman got sunk for supporting Obama..and Merril was bailed for supporting (and rightly so) McCain.....

[IAMX 3,055]

This is why I consider the Democrat vs. Republican thing a joke. They're all rich, and all friends, regardless of their political positions. It's the middlemen who are stupidly stuck fighting each other, while these rich ####### secure government deals with our money to benefit themselves.