Wednesday, February 25, 2009

Financial reformation

We need to have financial market reformation.

Short or long? The top contributors supported Obama to throw the economy into deep recession? It would be a good question to know where their money is invested -- long or short.

So far, hedge fund industry profited from 12+ Trillions markets since the Oct 2007 top.

The companies which contributed to Obama do not necessarily mean that they are not in hedge fund shorting markets. I find that markets are often doing the exact opposite, in this case, instead of the big institutions are not necessarily supporting Obama and economy, but rather they could be shorting the markets and use Obama as a decoy.

The big 12+ Trillion short profit is astronomical amount comparing to the donation amount. The hedge fund industry is fighting with the Obama admin.

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This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

Because of contribution limits, organizations that bundle together many individual contributions are often among the top donors to presidential candidates. These contributions can come from the organization's members or employees (and their families). The organization may support one candidate, or hedge its bets by supporting multiple candidates. Groups with national networks of donors - like EMILY's List and Club for Growth - make for particularly big bundlers.

University of California $1,201,178
Goldman Sachs $955,473
Microsoft Corp $798,049
Harvard University $789,560
Google Inc $782,964
Citigroup Inc $653,468
JPMorgan Chase & Co $646,058
Stanford University $568,566
Sidley Austin LLP $565,788
Time Warner $544,601
National Amusements Inc $541,285
Wilmerhale Llp $524,292
IBM Corp $515,249
UBS AG $513,919
Skadden, Arps et al $505,774
Columbia University $503,566
Morgan Stanley $485,823
US Government $479,306
Latham & Watkins $461,511
University of Chicago $457,735

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