Big Banks Shift Campaign Cash Away from Obama in 2012

In 2008, Barack Obama was the toast of Wall Street. The nation's biggest banks were among the most lavish contributors to the Democratic upstart's presidential campaign. But so far in the 2012 race, the six largest U.S. banks have switched sides in a dramatic way, and are giving far more money to GOP hopeful Mitt Romney than they are to the sitting president, according to the most recent campaign-finance reports.

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