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25% of Romney bundlers hail from finance sector
Source: USA Today
25% of Romney bundlers hail from finance sector
By Fredreka Schouten and Gregory Korte, USA TODAY
Updated 39m ago
WASHINGTON – Republican presidential candidate Mitt Romney depends on a wide network of venture capitalists, hedge-fund managers and other Wall Street bankers to raise the hundreds of millions he has amassed in his bid to oust President Obama, a USA TODAY analysis of his fundraising operation shows.
More than 300 people — or nearly a quarter of the roughly 1,200 individuals USA TODAY has identified as Romney fundraisers — come from the world of finance, more than any other sector. More than a dozen come from the ranks of a single company, investment powerhouse Goldman Sachs, which spent nearly $4.4 million to influence Washington policymakers last year.
By comparison, 77 of Obama's 532 fundraisers work in the securities and investment industry, according to a tally by the non-partisan Center for Responsive Politics. Obama has slammed Romney's record in private equity, while Romney has pledged to dismantle financial-industry regulations enacted during the Obama administration.
Those fundraisers who commit to raising as much as $250,000 to host Romney at dinners and receptions include diet guru Jenny Craig, who hosted Romney at her California beachfront home, billionaire hedge-fund guru Julian Robertson and Arizona Cardinals tight end Todd Heap.
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By Fredreka Schouten and Gregory Korte, USA TODAY
Updated 39m ago
WASHINGTON – Republican presidential candidate Mitt Romney depends on a wide network of venture capitalists, hedge-fund managers and other Wall Street bankers to raise the hundreds of millions he has amassed in his bid to oust President Obama, a USA TODAY analysis of his fundraising operation shows.
More than 300 people — or nearly a quarter of the roughly 1,200 individuals USA TODAY has identified as Romney fundraisers — come from the world of finance, more than any other sector. More than a dozen come from the ranks of a single company, investment powerhouse Goldman Sachs, which spent nearly $4.4 million to influence Washington policymakers last year.
By comparison, 77 of Obama's 532 fundraisers work in the securities and investment industry, according to a tally by the non-partisan Center for Responsive Politics. Obama has slammed Romney's record in private equity, while Romney has pledged to dismantle financial-industry regulations enacted during the Obama administration.
Those fundraisers who commit to raising as much as $250,000 to host Romney at dinners and receptions include diet guru Jenny Craig, who hosted Romney at her California beachfront home, billionaire hedge-fund guru Julian Robertson and Arizona Cardinals tight end Todd Heap.
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Read more: http://www.usatoday.com/news/politics/story/2012-07-10/romney-bundlers-finance-sector/56156630/1
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