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Hedge funds go to Washington

The race for the White House is heating up, and it looks like Clinton-Obama-Edwards-Biden are leading Giuliani-McCain – at least in terms of contributions from hedge funds.

That’s right – hedge funds are backing the Democrats for president of the United States. Financial News reports that of the $2m or so that hedge funds have contributed to the 2008 presidential campaign, more than half has gone to Democratic candidates.

For a breakdown of the donors, check out Percy Walker’s handy scorecard, while PoliticalMoneyLine crunches all the numbers.

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