Bankers for Obama

Bloomberg.com had an interesting article today on how much money Obama has raised from the financial services sector. According to the article, the boys on Wall Street are suddenly finding a deeper sense of purpose.

`Many people on Wall Street believed they had made enough money in life and were more concerned about the war and the generational effect that Obama brings to this election,” said Richard Hunt, a Washington-based lobbyist for the Securities Industry and Financial Markets Association, which represents Goldman Sachs Group Inc. and Merrill Lynch & Co.

Somehow, I doubt it. A better explanation is they’re betting on the guy they think will win. That, and Obama isn’t as unreasonable a lefty as the Maverick’s minions have made him out to be.

Another possible explanation: Obama just has a more coherent economic policy

“At least the mortgage industry knows what will be coming down the pike with Obama,” said former Mortgage Bankers Association lobbyist Howard Glaser, who now runs his own consulting firm. “McCain is more of an unknown for them.”

Related posts:

1. Good Poll Numbers Out for Obama
2. First Debate: The Morning (Afternoon, Early Evening) After
3. The headline says it all

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