Even Goldman Sachs Has Bailed on Bush
By and-
Rubio now preferred candidate as firm's contributions sputter
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`Like buying a stock and watching it fall,' an ex-partner says
Republican presidential candidate Jeb Bush gets into his vehicle after a campaign event at the Cedar Falls Eagles Club on Jan. 30, 2016 in Cedar Falls, Iowa.
Jeb Bush turned out to be such a bad investment for bankers at Goldman Sachs Group Inc. that the hundreds of thousands of dollars they threw at him has become a company joke. At least one senior person at the firm likes to remind his colleagues that their donations to his White House race haven’t worked out so well.
Following that misfire, along with a beating the Wall Street bank has taken from both sides in this year’s presidential race, contributions from employees of one of the most politically connected companies in the U.S. have plummeted. After donating almost $900,000 in the first half of 2015 to four favorite candidates and their fundraising committees, the firm’s bankers gave about $243,000 in the second half, Federal Election Commission filings released Sunday show.
