Wall Street Supports Romney!

Helen Whalen Cohen
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Posted: Aug 22, 2011 4:30 PM

Reports are in that 67 Wall Street donors who gave money to Obama in 2008 are now donating to Mitt Romney's campaign instead.

Many Wall Street leaders who backed Barack Obama in his 2008 presidential bid now are donating to Republican presidential hopeful Mitt Romney, a review shows.

The review of fundraising data indicates 67 people working in the financial sector and living in the New York metropolitan area donated to Obama in 2008 but contributed to the former Massachusetts governor in 2011, The Hill reported Monday.

Don't get too excited, though. Given how often Wall Street benefits from regulations and bailouts, and the expense of the little guy (not to mention us taxpayers), this does not bode well for Mitt's free market credentials.