Romney gets big bucks from financial firms

July 16, 2012 at 3:18 PM
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WASHINGTON, July 16 (UPI) -- Mitt Romney's history in the financial industry is clearly an asset for his campaign when it comes to fundraising.

The new disclosure filing released Sunday indicated employees of Goldman Sachs Group alone contributed $902,000 to Romney Victory, a joint fundraising mechanism for Romney and the Republican Party, The Washington Post reported Monday.

Employees of Bain Capital, the private equity firm that Romney founded and recently a target of Democratic attacks, raised $820,000, the filings indicated. Employees of the Bain & Co. consulting firm, the source of the talent and business philosophy for the private equity partnership, kicked in $175,000.

Employees of hedge fund Elliott Asset Management, run by Romney supporter Paul Singer, contributed $818,000, the filing indicated.

The report covering April through June indicated the Romney Victory brought in $140 million, the Post said. The Romney Victory fund is set up to channel money to Romney's campaign, the Republican National Committee and some state parties.

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