Obama Gets Fundraising Edge on Clinton, Giuliani on Wall Street

[DeepModem Mom]

Bloomberg News: Obama Gets Edge on Clinton, Giuliani on Wall Street
By Kristin Jensen and Christine Harper

April 17 (Bloomberg) -- Democratic presidential candidate Barack Obama ran ahead of New York Senator Hillary Clinton and former New York Mayor Rudy Giuliani on their home turf, raising cash from the biggest investment banks on Wall Street.

Obama raised $479,209 from employees at the banks in the first quarter, according to Federal Election Commission filings. That was better than Giuliani, a Republican who collected $473,442. Clinton, Obama's Democratic rival, raised $447,625. The figures are based on employers listed by donors; in some cases, the names are missing or incomplete.

The employees of Goldman Sachs Group Inc. and UBS AG gave Obama more than a combined $260,000, boosting his showing. The Illinois senator's top fundraisers include David Heller, a managing director at Goldman, and Robert Wolf, chief executive officer of UBS Americas. Neither was available for comment....

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The Democratic candidates for president tallied up more than $1.3 million in contributions from top Wall Street investment banking firms in the period, compared with about $1.1 million for the Republicans, FEC filings show....

Employees of New York-based Goldman, the world's biggest securities firm by market value, donated at least $120,250 to Obama and $113,750 to Romney, FEC filings show. Clinton got $64,400 from the firm's employees. Giuliani received $13,250....

Obama was one of a small group of invitees that addressed Goldman's annual partners' meeting in Chicago on May 31. He headed into the private session with billionaire investor Warren Buffett, who also spoke to the group along with former Federal Reserve Chairman Alan Greenspan....

http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aLeZ7ht_LtZg

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1. More good news! Keep 'em coming!