On Oct 17, 2007, at 10:46 AM, Michael Smith wrote:
> On Wed, 2007-10-17 at 10:30 -0400, Doug Henwood wrote:
>
>> There is much to parse in this astounding sentence: "Hillary Clinton
>> raised more money on Wall Street last quarter than Barack Obama, Rudy
>> Giuliani and Mitt Romney combined," Bloomberg News' Kristin Jensen
>> and Julianna Goldman report.
>
> Why is it so astounding, I wonder?
You expect more diversification. It's a prudent portfolio strategy. Also, that Giuliani and Romney seem to have so little appeal to WS - Rudy was their mayor for 8 years, and, as one of the founders of Bain, Romney's one of them. Barack had a brief season of popularity with the hedge funders, but that too seems to have faded. It looks like they think HRC is the winner and they're doubling up their bets.
Doug