Obama Raking in the Cash From....Wall Street

Posted: Mar 21, 2012 1:29 PM

President "spread the wealth around" Obama received a large chunk of change last month from Wall Street firm employees. 

President Barack Obama’s largest campaign donors last month included employees of Wells Fargo & Co., (WFC) JPMorgan Chase & Co. (JPM) and Goldman Sachs Group Inc. (GS), according to an analysis of Federal Election Commission records.

Their support indicates that Wall Street, which gave Obama $16 million for his successful 2008 White House run, is opening its checkbook again for the president. The contributions helped Obama raise $21 million in February, including $6.5 million transferred from a joint fundraising committee with the Democratic National Committee.

FLASHBACK: President Obama says the Occupy Wall Street Movement gives a voice to a broad base of Americans who are frustrated.


It seems as if Obama is quite content slamming Wall Street while taking their money in order to get reelected. Another Obama slams Wall Street flashback.

President Barack Obama lashed out at Wall Street, calling bankers "fat cats" who don't get it, in an escalation of tensions with the industry.

"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," Mr. Obama said in an interview on CBS's "60 Minutes" program on Sunday.


Obama loves the 1 percent, so long as they conveniently fit into his agenda.