Herman Cain and others have been saying all along that the OWS protesters should be protesting at 1600 Pennsylvania Ave. and at Congress......

Obama campaign attracts Wall Street money, despite tensions

July 22, 2011

"So much for President Obama’s Wall Street problem.

About a third of the money his top fundraisers have brought in this year has come from the financial sector, suggesting that strained relations with Wall Street have not hurt the president’s ability to attract donations there for his reelection campaign, according to data released Friday by the Center for Responsive Politics.

The numbers represent a notable increase from 2008, when bundlers in the investment and banking arena accounted for about 20 percent of the total brought in by top fundraisers for Obama.

The data suggest that the president has been at least partly successful in stopping a shift in Wall Street contributions away from Democrats and toward Republicans over the past two years. Business leaders have frequently clashed with the White House over far-reaching new financial regulations, proposals to close tax loopholes for hedge-fund managers and other policies.

Republicans have sought to take advantage of the rift by openly courting Wall Street donors. The top sources of corporate money for presidential candidate Mitt Romney, who reported raising $18.3 million, include contributions from employees of Morgan Stanley, Bank of America, Goldman Sachs and other financial firms, according to Federal Election Commission data.

Between his 2012 campaign and the Democratic National Committee, Obama raised a combined total of $86 million in the second quarter, much of which was brought in by 244 supporters, each of whom bundled at least $50,000 worth of contributions.

Eighty of those bundlers work in the finance, insurance and real estate sectors, according to the analysis. More than half of that group work specifically in the securities and investment industry, and nine are listed as having raised $500,000 or more.

Among the biggest bundlers in this category are former New Jersey governor and financial services executive Jon S. Corzine; Orin Kramer of Boston Provident; and Mark and Nancy Gilbert of Barclays, who are listed as a couple."
http://www.washingtonpost.com/politi...gTI_print.html