Tea Party Role Models: Boehner in the Pocket of Hedge Funds
Employees at the New York hedge fund Paulson & Co. contributed $61,050 to Boehner’s campaign account, more than any other company. New York-based Moore Capital Management LLP employees gave $53,000, while those at Cantor Fitzgerald LP donated $45,000.
No one from any of those companies donated to Boehner for his 2010 re-election campaign, according to the Center for Responsive Politics, a Washington-based research group that tracks political money.
Republican consultant Eddie Mahe said he had “no doubt” Wall Street has been betting that the House Republican majority would lead the effort to “repeal or at least modify” the revised financial regulations enacted last year.