September/October 2010 Issue

Hope and Spare Change: Obama vs. McCain in Campaign Cash

What do AT&T, Morgan Stanley, and Merrill Lynch have in common? The presidential candidate they backed.

Lauren Victoria Burke/WDCPix

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Read also: The rest of this special report, a note on sourcing, and MoJo‘s daily political coverage.

Below, the top corporate donors in the ’08 presidential race.

Barack Obama

Goldman Sachs $994,795

Microsoft $833,617

Google $803,436

Citigroup $701,290

JPMorgan Chase $695,132

Time Warner $590,084

Sidley Austin $588,598
(Chicago law firm where
 Barack and Michelle met)

National Amusements (theater chain) $551,683

UBS $543,219

WilmerHale (law firm) $542,618

John McCain

Merrill Lynch $373,595

Citigroup $322,051

Morgan Stanley $273,452

Goldman Sachs $230,095

JPMorgan Chase $228,107

AT&T $201,438

Wachovia $195,063

UBS $192,493

Credit Suisse $183,353

PricewaterhouseCoopers $167,900

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A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

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Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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