"Elite Wall Street Donations Jumped 700% in the Last 20 Years"
Posted about 26 days ago on Economist's View
Via Derek Thompson:
Elite Wall Street Donations Jumped 700% in the Last 20 Years, by Derek Thompson: Banks "frankly own the place," Sen. Dick Durbin famously said of Washington during the debate over financial regulation in 2010. And when it comes to total contributions for big donors, you can see what he's talking about (FIRE = the Finance, Insurance and Real Estate sector):
Most of that growth is coming from the securities and investment sector, followed by real estate,...