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From the staff of the Tampa Bay Times

Who's making it rain for Marco Rubio and Patrick Murphy?



TALLAHASSEE — Some of the biggest players on Wall Street are investing heavily in U.S. Sen. Marco Rubio's re-election.

And they don't think Democrat Patrick Murphy is so bad either.

Rubio and Murphy count major global finance and investment companies Goldman Sachs and The Blackstone Group among their top donors, campaign finance reports for both campaigns show.

But make no mistake. Rubio, 45, is the consensus candidate for those firms that have been the loudest critics of the financial regulatory reforms enacted by President Barack Obama since the 2008 recession.

Overall Rubio has raised more than $13.5 million in his main campaign account, according to campaign finance reports filed last month. Murphy has raised about $14 million.

Rubio's chief support comes from the Elliott Management Corporation, a hedge fund company known as a corporate "vulture" for taking on distressed companies and trying to make them more profitable. Since Rubio re-entered the U.S. Senate race on June 22, 16 top executives with Elliott Management Corporation have combined to give Rubio $135,000, Federal Election Commission records show. That includes the company's founder and CEO Paul Singer who donated $5,400 to Rubio in late June.

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[Last modified: Friday, November 4, 2016 12:12pm]


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