I think it could be a case of payback by Obama after Wall Street supposedly turned its back on the President out of frustration with his anti-business rhetoric and "fat cats" comments about bankers.Obama's fundraiser on NYC's Upper East Side back in June, was a test of his popularity among deep-pocketed financiers who attended and whose noticeable absences were representatives from Goldman Sachs or Citigroup.
One unnamed CEO said at the time "it would be bad for business" to publicly support Obama through campaign contributions.While rumours strongly suggest that Wall Street will publicly back Mitt Romney ( who is a former private equity executive ) should he get the nomination.This could now be a case of Obama showing that this time, his bite is worse than his bark.
One unnamed CEO said at the time "it would be bad for business" to publicly support Obama through campaign contributions.While rumours strongly suggest that Wall Street will publicly back Mitt Romney ( who is a former private equity executive ) should he get the nomination.This could now be a case of Obama showing that this time, his bite is worse than his bark.
