Wall Street executives turn back on Obama, start donating to Romney
By Jake Interrante and Bob Cusack – 08/22/11 05:15 AM ET
Dozens of Wall Street executives who supported President Obama in 2008 have donated to Mitt Romney’s presidential campaign this year.
According to a review of fundraising data, 67 people who work in the financial sector and live in the New York City metro area gave to Obama in 2008 and to the former Massachusetts governor in 2011.
The reversals come in the wake of Obama’s tough rhetoric on Wall Street — most notably last year, when the president was pushing Congress to pass what has become known as the Dodd-Frank financial reform law.