Wall Street Tosses Support to Democrats [View All]

[Jon8503]

By David Weidner
Marketwatch
NEW YORK (Nov. 14) - Wall Street, led by Goldman Sachs Group Inc., ended a 12-year run of Republican support by giving 51% of its donations to Democrats in this year's midterm elections.

Securities and investment firms donated $24.8 million to Democrats through Oct. 10, compares to $22.5 million, or 47% of all funds, to the GOP, according to Federal Election Commission data compiled by the Center for Responsive politics.

Employees and political action committees at Goldman Sachs led all contributing firms by donating $2.62 million to all parties including $1.57 million to Democrats. Goldman was followed by Morgan Stanley, $1.59 million overall and UBS, $1.5 million.

http://money.aol.com/news/articles/_a/wall-street-tosses-support-to-democrats/20061114141109990001?cid=403