Support for Obama Among Goldman Sachs Employees Erodes

By Dschabner

Jul 16, 2011 5:26pm

ABC News' Devin Dwyer (@devindwyer) reports:

Employees of Goldman Sachs, once among the top financial backers of Barack Obama, donated overwhelmingly to Republican presidential candidate Mitt Romney in the second quarter, according to a computer analysis of FEC data conducted by Bloomberg.

Romney collected $238,250 from the Wall Street bank's employees between April and June. Obama netted $10,113 in the same period.

Goldman donors were Romney's single biggest source of corporate support, Bloomberg found.

The former Massachusetts governor raised $18.3 million in the second quarter, the most of any GOP candidate. Obama raised $46 million.

In all of 2007, Goldman employees donated $994,795 to then-candidate Obama, while giving just $234,275 to Romney, according to the Center for Responsive Politics.

A spokesman for the Obama campaign did not have any comment on Bloomberg's findings.

Note: This story was updated from an earlier version to clarify that contributions from 2007 were for the entire election cycle, not just the second quarter. 

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