"President Barack Obama has relied more on well-connected Wall Street figures to fund his re-election than he did four years ago when he campaigned as an outsider and an underdog.
One-third of the money Obama’s elite fund-raising corps has raised on behalf of his re-election has come from the financial sector .
More than two years after President Obama took office vowing to banish “special interests” from his administration, nearly 200 of his biggest donors have landed plum government jobs and advisory posts, won federal contracts worth millions of dollars for their business interests.
Overall, 184 of 556, or about one-third, of Obama bundlers or their spouses joined the administration in some role. But the percentages are much higher for the big-dollar bundlers. Nearly 80 percent of those who collected more than $500,000 for Obama took “key administration posts,” as defined by the White House. More than half the ambassador nominees who were bundlers raised more than half a million."
[Patterico]
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