But if you skip the rhetoric and focus instead on verifiable facts -- campaign contributions, administration appointees, White House visitor logs, Obama's bailouts and even his proposed regulations -- you see instead that Obama may be closer to Wall Street than any modern president.
Obama raised $14.8 million from Wall Street in the 2008 election, according to the Center for Responsive Politics -- more than any politician ever, and more than George W. Bush raised in both of his elections combined. From the fattest cat, Goldman Sachs, Obama raised $997,095, more than four times McCain's Goldman haul and more than any candidate has raised from any single company since the McCain-Feingold campaign finance regulations.
Wednesday, December 16, 2009
Obama brings purrs from Wall Street's fat cats
Obama seems to like talking tough to corporate America, but sometimes the fat cats like cuddling up with Obama anyway. My column today explores the Wall Street-White House relationship: