Dozens of corporate executives who backed President George W. Bush for re-election in 2004, including some of his top fund-raisers, are now helping Democrats running for president.
John Mack, chief executive officer of Morgan Stanley, Rupert Murdoch, chairman of News Corp., and Terry Semel, chairman of Yahoo! Inc., are among some 60 executives writing checks to Democrats such as Senators Hillary Clinton of New York and Barack Obama of Illinois, a review of U.S. Federal Election Commission records shows.
While the vast majority of business leaders still back Republicans for 2008, the stature of some of those donating to Democrats suggests that support may be eroding, seven years into the Bush presidency. Some executives expressed concern over Republican positions on issues ranging from the war in Iraq and stem-cell research to global warming and the fiscal deficit........--MORE---
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