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OCTOBER 18, 2007

Hot Stock: Hrc

Wall Street continues to invest in Hillary: nearly $750,000. And more than $200,000 in the last quarter from Morgan Stanley alone. The potential influence of that money seems likely to be more significant than whatever "Washington lobbyists" with disparate agendas might be giving. The trouble is Barack Obama raises lots of Wall Street cash, too (although only about a quarter of Hillary's take) and John Edwards has that nettlesome stint at a hedge fund to answer for....

--Michael Crowley

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I don't think those people are giving money because they want HIllary Clinton to be President. I think they are giving money to gain influence with the influential people who are raising money for her. So even if she doesn't win, the donors are "in" as loyalists for the Establishment hacks who will end up somewhere else. I'd say Obama's more numerous small donations from anonymous people like me mean a hell of a lot more than the $2,000 contributions listlessly dug out of the seat cushions of New York's finest limousines.

- stgla

October 18, 2007 at 11:49am

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