April 27, 2007 9:06 AM

Wall Street's Hostile Takeover Of the Democratic Presidential Primary

Businessweek reports that "one of Wall Street's big-time Republican fund-raisers, Morgan Stanley CEO John Mack, has told BusinessWeek that he and his wife, Christy, are endorsing Democratic Presidential candidate Hillary Clinton." Mack "previously reached Ranger status in Republican campaign finance circles by raising at least $200,000 for President George W. Bush's reelection in 2004" and "was also considered a possible candidate for various Bush Administration posts over the years." Meanwhile, Chris Hayes notes that Barack Obama is making an aggressive effort to become Democrats' Hedge Fund candidate. Ah yes, the Democratic primary is quickly becoming the Money Party primary - only this time around, the candidates are not even trying to hide it.