92 percent of Super PAC money has gone to the GOP


Of all the money the securities and investment industry has poured into the 2012 presidential contest so far -- to the candidates and the super PACs behind them -- an unambiguous 92 percent has gone to the GOP, according to a new Center for Responsive Politics analysis. Between his campaign committee and a monster super PAC supporting his candidacy, Romney has benefited from about 72% percent of the near $33 million Wall Street has contributed through February. The former Bain executive has received $7.3 million from industry-affiliated individuals and political action committees. That means securities and investment accounts for about 10 percent of the more than $74.8 million Romney has raised.

Source: Evan Mackinder, "Wall Street's Huge Bet on Romney," Open Secrets Blog, Mar. 23, 2012. http://www.opensecrets.org/news/2012/03/wall-streets-huge-bet-on-romney.... [verified 4/25/14]

#economy #democracy #money