Wall Street may be bruised and battered, but it still donated more money than any other U.S. industry to President-elect Barack Obama's inaugural festivities on Tuesday, a study has found.The Center for Responsive Politics said executives of finance, insurance and real estate companies and their family members gave $7.1 million to Obama's inaugural committee.
Top donors from the world of high finance included George Soros, Ronald Perelman and David Shaw, the center said.
Bankers and hedge fund managers will mingle with Hollywood stars and Silicon Valley high-technology titans at the swearing-in ceremony for the 44th president, the parade down Pennsylvania Avenue and the balls and parties that follow.
Special access and tickets are reportedly available to those who contributed $50,000 to the inaugural committee or who helped "bundle" larger sums from multiple individual donors, the center said.
Monday, January 19, 2009
The party of the rich
HT from reader Mark....
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