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 The former Florida governor who is seeking the Republican
presidential nomination received more financial backing than any
competitor - Democrat or Republican - from employees of the major
Wall Street banks between July and the end of September, campaign
filings released on Thursday show.
Employees from Bank of America <BAC.N>, Citigroup <C.N>, Credit
Suisse <MLPN.P>, Goldman Sachs <GS.N>, HSBC <HSBCUK.UL>, JPMorgan
Chase <JPN.N>, Morgan Stanley <MS.N> and UBS <UBSAG.UL> gave Bush a
combined $107,000. He also received the maximum-allowed $2,700 from
billionaire hedge fund manager Leon Cooperman.
The sums are miniscule compared to Bush's total haul for the quarter
of $13.4 million. But his popularity among financiers is starkly
different from his standing in the multitude of national polls.
Bush, seen as a moderate in the crowded Republican field where 14
candidates are competing for the nomination, trails Donald Trump,
Ben Carson and Carly Fiorina, three candidates who have never held
elected office, in every major poll.
The second most popular candidate on Wall Street according to giving
patterns is Democratic front-runner and former Secretary of State
Hillary Clinton. She took in nearly $84,000 from employees of the
same banks. No other candidates came close to Clinton and Bush.
Florida Senator Marco Rubio, another establishment Republican,
raised more than $25,000, while Texas Senator Ted Cruz took in
$17,000.
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Seth Klarman, the Boston-based billionaire founder of the Baupost
Group, gave Rubio $2,800 but his support wasn't exclusive. He almost
gave twice as much to Fiorina.
Upstart candidates on both sides won very little support from Wall
Street. Employees at the banks gave $4,843 to Vermont Senator Bernie
Sanders, Clinton's closest rival and a self-described democratic
socialist. Carson took in just over $8,000 from Wall Street.
Rubio got a look from another hedge fund billionaire, Paul Singer,
who sent in $2,700 to the candidate. But it's not clear Singer truly
went all-in: in the same quarter, Rubio sent him $2,700 back.
(Reporting By Emily Flitter; Editing by Michael Perry)
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