The Command Post
2004 US Presidential Election
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August 02, 2004
| Goldman Sachs Top Political Donor

It seems the executives at Goldman Sachs are the top political donors in the US, the Guardian reports.

For the first time, the Wall Street firm has become the US’s top corporate political funder, contributing a total of nearly $4 million to both George W Bush’s and John Kerry’s campaigns.

The bank is traditionally a Democrat supporter, but with just 93 days until Americans go to the polls, Goldman Sachs is firmly on the fence, with only 51 per cent of its money going to John Kerry’s team, according to Federal Election Commission (FEC) data.



Posted by Alan at August 2, 2004 11:28 AM | TrackBack
Comments

Corporations don’t Donate — they Invest.

The GS strategy is known in the financial community as Hedging.

Posted by: Don [TypeKey Profile Page] at August 2, 2004 11:57 AM

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