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How is President Obama’s Relationship With Wall Street?

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    The Weekly Standard’s Kelly Jane Torrance on Wall Street and Obama.

  • Duration 2:36
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UBS president and big time Obama don't know Robert wolf leaving Wall Street after eighteen years he's gonna stop an advisory phone.

His departure comes up to mounting pressure because of his support for President Obama.

So what does this say about the president supports on Wall Street Kelly Jane -- joins us now from DC she is with the weekly standard.

Kelly -- I am told that mr.

wolf was indeed forced out because they asked him to be a little client -- About his support for -- and -- bomb in his fundraising.

He refused he was still way out -- public you know really -- -- is a great guy great leader great president that's why.

He was up put out of a job.

Now if that's the case what does that tell us about the white Wall Street thinks about the president generally.

While it's not just -- talking to the media's while he is.

You know committed to fundraising over half a million from bombings one of the big bottlers.

I find the whole thing -- using because you've got the Obama campaign attacking Mitt Romney for Swiss bank accounts and one of Obama's big bite is works effort UBS.

Now the company is trying to say that -- it really wasn't the Obama thing but take a look at the website for -- new firm 32 advisors.

It looks pretty amateurish this is clearly a website that was put up quickly and it's not -- in the works for -- while it seems pretty clear to me.

That it was his relationship with the president that got him booted and exactly at the what does that tell you you know I happen Romney was gonna have a bit of a tough time beating Obama.

And looking at Wall Street actually has given me -- thinking he must have a better chance than I thought house.

Wall Street and I hesitant to say abandon President Obama but they were big supporters in 2008.

Have they really reverse that situation.

What and other Smart guys -- face sobbed the writing on the -- they picked the winner in 2008.

And that's why I think it's interesting that he had they haven't and they abandoning Obama now Goldman Sachs that's in the financial industry in general was the fourth.

Largest supporter in terms of dollars to the Obama campaign in 2008 Goldman Sachs was number two.

We'll look at now.

So far in this campaign Goldman Sachs employees have given nearly a million dollars to Romney victory which is the Romney a Republican joint fundraising campaign.

They've only given 265000.

To the Obama campaign the numbers say at all.

Okay Kelly -- we appreciate you being with us on sort of -- so short but that's a very interesting point of view coming back out of Wall Street Kelly -- tolerance thank you very much for joining us thank you.

Thank you.

-- That's what.

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