Barack Obama & John McCain 2008 Presidential Campaign Contributors

October 31, 2008 | By

The 2008 presidential campaign has seen a record amount of advertising and campaign contributions. But who is contributing the most to the McCain and Obama campaigns? Here is a list of the top contributors to the Republican and Democratic presidential candidates.

Barack Obama John McCain
University of California $909,283 Merrill Lynch $359,070
Goldman Sachs $874,207 Citigroup Inc $296,151
Harvard University $717,230 Morgan Stanley $262,777
Microsoft Corp $714,108 Goldman Sachs $228,695
Google Inc $701,099 JPMorgan Chase & Co $215,042
JPMorgan Chase & Co $581,460 US Government $195,505
Citigroup Inc $581,216 AT&T Inc $185,063
National Amusements Inc $543,859 Credit Suisse Group $178,053
Time Warner $508,148 PricewaterhouseCoopers $166,470
Sidley Austin LLP $492,445 Blank Rome LLP $161,826
Stanford University $481,199 Wachovia Corp $159,107
Skadden, Arps et al $473,424 US Army $158,170
Wilmerhale Llp $466,679 UBS AG $147,465
UBS AG $454,795 Bank of America $143,026
Latham & Watkins $426,924 Greenberg Traurig LLP $142,137
Columbia University $426,516 Gibson, Dunn & Crutcher $141,446
Morgan Stanley $425,102 US Dept of Defense $129,725
IBM Corp $415,196 FedEx Corp $125,654
University of Chicago $414,555 Lehman Brothers $115,707
US Government $400,819 Bear Stearns $113,050
     
 

I find it particularly interesting that Goldman Sachs, JP Morgan, Citigroup, and Morgan Stanley are all hedging their bets by contributing heavily to both candidates (of course, this is an incomplete list and their are several more mega-companies that have contributed to both parties). Why are they contributing to both sides? There is only one reason; to gain influence and advantage with whomever becomes the next President of the United States. Does that make you feel a little sick to your stomach? Well it gets worse, because this is only the tip of the iceberg. There are 100 more senators and 435 congressmen who may even be more dependant on the money they receive from special interest groups.

Do you know what groups your representatives accept money from?

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