Follow the Money

The bailout bill resulted in $700 billion of taxpayer funds, much of it going to Wall Street firms who will pay out an estimated $70 billion in bonuses this year.  So what do people from Wall Street buy with their profits from engineering housing bubbles and the resulting bailouts?  Check out the top contributors to the two leading candidates…

John McCain: Barack Obama:
Merrill Lynch $359,070 University of California $909,283
Citigroup Inc $296,151 Goldman Sachs $874,207
Morgan Stanley $262,777 Harvard University $717,230
Goldman Sachs $228,695 Microsoft Corp $714,108
JPMorgan Chase & Co $215,042 Google Inc $701,099
US Government $195,505 JPMorgan Chase & Co $581,460
AT&T Inc $185,063 Citigroup Inc $581,216
Credit Suisse Group $178,053 National Amusements Inc $543,859
PricewaterhouseCoopers $166,470 Time Warner $508,148
Blank Rome LLP $161,826 Sidley Austin LLP $492,445
Wachovia Corp $159,107 Stanford University $481,199
US Army $158,170 Skadden, Arps et al $473,424
UBS AG $147,465 Wilmerhale Llp $466,679
Bank of America $143,026 UBS AG $454,795
Greenberg Traurig LLP $142,137 Latham & Watkins $426,924
Gibson, Dunn & Crutcher $141,446 Columbia University $426,516
US Dept of Defense $129,725 Morgan Stanley $425,102
FedEx Corp $125,654 IBM Corp $415,196
Lehman Brothers $115,707 University of Chicago $414,555
Bear Stearns $113,050 US Government $400,819

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