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Politics : Formerly About Advanced Micro Devices

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To: Bill who wrote (586980)	9/22/2010 3:43:16 PM
From: tejek	Read Replies (1) of 1577793

"Individuals working in the financial industry favoured Republicans by a 7 to 10 margin in June. In early 2009, however, $6 of every $10 spent by individual donors favoured Democrats. Corporate political action committees did not alter their spending patters. In June, PACs sponsored by securities and investment firms contributed equally to Democrats and Republicans. A Democratic strategist on Tuesday acknowledged that the party had taken a “substantial” hit on Wall Street. Even loyal party donors cite the Wall Street reform bill and general unhappiness with leading Democratic lawmakers, especially Senator Chuck Schumer of New York, as reasons why funding is beginning to dry up. Mr Schumer has long been Democrats’ most important fundraiser in his home state, but was said by some Wall Street donors to have angered constituents by not coming to the defense of his hometown industry during the contentious fight over Wall Street reform." ft.com

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