Republican presidential hopeful Mitt Romney has raised more than twice as much money from Wall Street as Barack Obama — an edge gained in part by luring away at least 100 donors, mostly investors, who backed the president in 2008, according to data compiled by Bloomberg.
The former Obama donors are helping the former Massachusetts governor lock up Wall Street dollars as Romney races to financially outpace primary rival Texas Governor Rick Perry in advance of the Sept. 30 third quarter deadline for campaign fundraising.
“It’s going to be very hard for the president to bash the rich and create jobs at the same time,” said Anthony Scaramucci, 47, founder and managing partner of New York-based Skybridge Capital LLC which manages $8 billion, who has switched support from Obama in 2008 to Romney. “I don’t think the country is about class warfare.”
While Romney works the financial services industry, Perry is picking up support from prominent Republicans who had planned to back Republican Mississippi Governor Haley Barbour, had he run.
Read more at Bloomberg