Financial world leads the way in Romney donations
WASHINGTON - Reuters
Republican Romney has raised $375.6 mln since his fund has been created. AFP photo
Federal disclosures filed on Oct. 15 revealed new details of the sources of money raised by Republican presidential hopeful Mitt Romney for the Romney Victo0the Republican National Committee.Joint funds allow candidates to accept bigger checks than campaigns on their own. Campaigns can accept only up to $5,000 from one donor, while a fund used jointly with the national party can accept up to $70,800 in addition to that.
Fund raises $375.6 mln
Romney’s Victory fund has reported raising a total of $375.6 million since its creation in April, and $235.2 million of that was raised in the third quarter, according to Monday’s filings with the Federal Election Commission.
Almost all of the cash came from donors giving more than $200. Below is a list of the top 10 firms whose employees gave the most in contributions to the fund.
Top 10 firms whose employees gave most
1. GOLDMAN SACHS
Description: Bank
Total amount: $1.3 million
2. KOHLBERG KRAVIS ROBERTS
Description: Private equity firm
Total amount: $986,400
3. JPMORGAN CHASE
Description: Bank
Total amount: $827,941
4. ELLIOTT MANAGEMENT
Description: Hedge fund
Total amount: $812,750
5. BAIN CAPITAL
Description: Private equity firm
Total amount: $810,660
6. ROTHMAN INSTITUTE
Description: Philadelphia-based orthopedic care institute
Total amount: $806,200
7. H.I.G. CAPITAL
Description: Private equity firm
Total amount: $706,750
8. MORGAN STANLEY
Description: Bank
Total amount: $660,968
9. BLACKSTONE GROUP
Description: Private equity firm
Total amount: $574,653
10. CREDIT SUISSE
Description: Bank
Total amount: $465,779