It’s starting to look that way. Globe:
Donors from big banks are betting on Mitt Romney to defeat President Obama and repeal new restraints on risky, large-scale investments….
The top five donor groups in Romney’s campaign are individuals and political action committees associated with large financial institutions, led by Wall Street giants Goldman Sachs and JPMorgan Chase, according to information compiled by the Center for Responsive Politics, a nonpartisan research group that tracks campaign donations.
By contrast, Obama’s top five contributor groups include individuals and PACs affiliated with high technology giants Google Inc. and Microsoft Corp., and the global law firms DLA Piper and Sidley Austin, and do not include those associated with banks. In 2008, financial institutions backed him generously….
Records show that the securities and investment industry has given nearly $20 million to Restore Our Future, the independent super PAC associated with Romney, while it has contributed less than $200,000 to Priorities USA Action, the super PAC associated with Obama.
So that’s the presidential race. And locally, Elizabeth Warren is amping up the Wall Street theme, releasing both radio and TV ads this week. Here they are:
Relatedly, Scott Brown has been taking a bit of heat over his mysterious “New York City finance committee,” which threw him a big-dollar fundraiser recently. His campaign won’t reveal the names of these shadowy characters, and specifically, won’t say whether anyone from the winner of the Most Embarrassing Big Bank of the Month award, JPMorgan Chase, serves on it – although campaign finance records show that Brown has pulled in at least $50,000 from JP Morgan, and that’s just what’s been reported so far. Here’s some amusing commentary, from Mike Deehan’s MASSter list:
Democrats want Scott Brown to give back any money raised with the help of nasty old JP Morgan bankers. Chill out Democrats, it’s JP Morgan. Just give them a couple weeks and they’ll lose it all anyway.