Wall Street Campaign Donations Set To Hit Record During 2012 Election

Wall Street is paying big time to influence this election. The financial industry is on track to break its 2008 campaign spending record of $170 million, according to data from the Center for Responsive Politics cited by CNNMoney. So far, Wall Street has spent $164 million donating to candidates and political groups, and CRP estimates the final tally of Wall Street cash will reach $2.5 billion.

RELATED ARTICLES
  • Bill Gates repeats at top of Forbes' list of billionaires
    World's richest man got richer with $79. billion in 2015. More
  • US medicine spending shows rare dip
    Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
  • YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month
    With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets,  that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More
BING NEWS:
  • Wall Street Breakfast: Brace For Impact
    Slowing demand... Intense competition... Price cuts... Layoffs... Tesla (TSLA) has had it rough in the recent past, and shareholders are now preparing for what could ...
    04/22/2024 - 12:59 pm | View Link
  • wall street
    Goldman Sachs recorded a 28% surge in quarterly profits -- topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street ...
    04/15/2024 - 3:28 pm | View Link
  • Wall Street Breakfast
    Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It is designed for easy ...
    04/13/2024 - 1:25 pm | View Link
  • Trump hauls in $50.5 million at fundraiser with Wall Street heavyweights
    Former President Donald Trump’s 2024 campaign said it raised $50.5 million on Saturday at a big fundraising event featuring major Wall Street figures, with billionaires from other industries ...
    04/7/2024 - 4:13 am | View Link
  • Here's the Best "Magnificent Seven" Stock to Buy in April, According to Wall Street
    Analysts aren't very bullish about several "Magnificent Seven" stocks. However, Wall Street thinks that one member of the group has the most upside potential over the next 12 months. This ...
    03/31/2024 - 6:50 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News