BTW, my name not a slam on anyone, it's just this is kind of old news about Edwards.
If we're going to talk about this let's be fair ... I've only posted excerpts here, click on link for full story.
Here's what the top presidential contenders are taking from big private-equity shops and hedge funds -- and what these contributors expect to get in return.
By Michael Brush
Mitt Romney and John Edwards have worked for big funds. And there are three candidates based in or near New York City -- Rudolph Giuliani, Christopher Dodd and Hillary Rodham Clinton -- all of whom are drinking deeply from the private-equity cup.
Mitt Romney: He tops the list of presidential candidates getting money from private-equity shops and hedge funds at $797,325. It's no big surprise that the biggest contributor in this space was Bain Capital, whose workers have given him $109,000. Romney worked for years at Bain Capital after founding it with two partners from the consulting group Bain & Co., which has given Romney's campaign $99,500.
That $797,325 may seem like a drop in the bucket given that Romney has raised more than $44 million to date, but don't be fooled. Generous donations from employees at private-equity firms and hedge funds ensures them a high ranking on the top-20 list of Romney's corporate sponsors.Bain Capital and Bain & Co., for example, rank No. 4 and No. 5, respectively, among all Romney sponsors. Goldman Sachs (GS, news, msgs) and Merrill Lynch (MER, news, msgs) -- which also make a lot of money by running private-equity shops and hedge funds -- rank No. 1 and No. 2, respectively, among Romney sponsors, giving him $182,725 and $124,300.
John Edwards: Among the leading candidates, he comes in last for hedge-fund and private-equity donations, but one player in the space, Fortress Investment, is his second-biggest corporate contributor. Edwards has worked for them. Fortress employees have given Edwards $187,850, but they have also given to Obama, Dodd, Romney, McCain, Giuliani and Clinton. Edwards has gotten $218,290 so far from hedge funds and private equity.