Can you follow the money with me and discuss what is up?
As an off shoot to ETpros question on the influence on money on this election, I want to ask what your perception is of the very dramatic shift of the winds of fortune from one camp to the other happening in this years election. In 2008 many if not all of Barack’s heavy hitters (whales in Vegas terminology) have jumped over to Romney. And we are talking serious coinage here. As some examples of the top contributors involved in this discussion… (2008 Source) (2012 Source)
Goldman Sachs gave BO $1,013,091 in 2008 and this year gave Romney $676,080 instead.
JPMorgan Chase & Co in 2008 gave BO $808,799 and this year is backing Romney with $520,299.
Citigroup Inc gave BO $736,771 in 2008 and now is giving Romney $363,015 instead.
This one is interesting….General Electric gave BO $529,855 in 2008 and now is showing favor to Romney with $158,800.
This is data from July 31, 2012 and there is still time to toss big bundles of cash but if you do follow the money…the REAL money, the message so far is pretty clear. The big money is on Romney. Any other thoughts on what is at play here?
This question is in the General Section. Responses must be helpful and on-topic.