Submitted By Todd on April 23rd at 5:53am
Nancy Pelosi can't think of any reason that Wall Street gives so much money to Democrats - she doesn't even know if it does.
But don't think the money is just going to Republicans. While Democrats have sought to tie the GOP to Wall Street, the securities and investment industry has actually given more money to the party in power during the 2010 election cycle. Sixty-two percent of the money from that industry has gone to Democrats, and 37 percent to Republicans. The list of ties between Wall Street and lawmakers goes on and on: Mr. Obama got almost 15 million from the securities and investment industry in his presidential campaign; Democratic Sen. Blanche Lincoln, who is playing a major role in the regulatory reform push, raises money from the industry; Republicans Richard Shelby, Mitch McConnell and Bob Corker have all solicited money from banking executives.The Street has always been an altruistic place.