President Obama has raised more campaign finance from Wall Street than the total raised by the seven Republican candidates - click here. Even though Wall Street is disaffected with Obama (see previous post), it is still backing him. Why? The answer may be that he is Wall Street's puppet. After all, many of the policies implemented by the Obama administration have been favourable to (and even devised on) Wall Street. In addition, Obama has not sought retribution from Wall Street for the financial and economic mess they have created. Conclusion - Obama is Wall Street's man, and this means he is likely to be re-elected.
Michael Aldous and I had our book The CEO: The Rise and Fall of Britain's Captains of Industry published a few weeks ago. You can find out more about it and buy it at Cambridge University Press's website . It is also available at Amazon , Waterstones , and Barnes & Noble . The CEO has already been reviewed in The Sunday Times , The Observer and Financial Times .