Wall Street Chips In

Wall Street ponies up for Obama inauguration
Posted by: Andy Sullivan
blogs.reuters.com

It’s been a brutal year for Wall Street, but the high rollers apparently still love a big, expensive party.

People who work in the finance industry have given at least $4.8 million to underwrite Barack Obama’s inauguration party, more than any other business sector, according to an analysis by the watchdog Center for Responsive Politics.

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“If history is any guide, these wealthy individuals, as well as the corporations and industries they represent, may more than recoup their investment in Obama through presidential appointments, favorable legislation and government contracts,” said Shelia Krumholz, executive director of the Center for Responsive Politics. (more…)

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