Word on the Street

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Looming recession hasn't scared Wall Street away from investing in the presidential race -- perhaps it's even motivated their giving as they look to shoring up their alliances with whomever comes to live at 1600 Pennsylvania Ave. next year. The big firms are covering their bases with the blue chip candidates and ensuring their calls are taken.

Despite apparent skepticism over the virtues of a potential Democratic victory in November the financial sector has certainly increased its giving to Democratic candidates compared to previous cycles. Got to play it safe in a volatile market like Election 2008, I guess.