Former Wall Street Obama Backers Switch to Romney

A large group of 2008 Barack Obama supporters are now banking on Mitt Romney for the upcoming presidential election.

That's according to a report from Fox News that says a shift in Wall Street support could mean as much as a $150,000 boost for Romney's campaign.

“I think Romney could at least split Wall Street with Obama, which is something McCain really didn't do," said Charlie Gasparino, a reporter for Fox Business News. None of the expected bank presidents showed up to a recent fundraiser for President Obama, he added.

Romney has established himself as the "Wall Street favorite" for the Republicans, and Gasparino said Romney's moderate reputation and experience working on Wall Street have helped seal his position. Tea Party candidates for president don't have much of a chance getting significant backing from the banks, Gasparino explains in this video: