"When America thinks of Wall Street, it pictures investment bankers decked out in collared shirts and Patagonia vests. Many workers in the financial industry aren't cutting big deals - they're making under $200K. They donated $25 here and $110 there because they appreciate Mamdani's focus on cost of living. Even for those making six figures in finance, rents are high."
"Across more than 400 financial companies, 397 workers donated directly to Cuomo's campaign versus 401 to Mamdani's. Cuomo's donors had deeper pockets, giving 88% of the total dollars donated, with an average donation per employee of $1,006, compared to Mamdani's $131. When factoring in PAC spending, the pro-Cuomo and anti-Mamdani dollar disparity is even larger: 95% of the more than $9 million the industry donated we"
High-earning front-office Wall Street employees mostly back Andrew Cuomo with large contributions, while back-office employees predominantly support Zohran Mamdani with smaller donations. Almost 80% of higher-earning front-office workers donated to Cuomo and nearly 90% of back-office donors gave directly to Mamdani. At Jane Street, one trader gave $5,000 to Cuomo while fifteen mostly software engineers averaged about $350 each to Mamdani. Across more than 400 financial firms, 397 workers donated to Cuomo and 401 to Mamdani, but Cuomo donors supplied 88% of total dollars, averaging $1,006 versus $131 per employee for Mamdani. PAC spending widened the pro-Cuomo dollar advantage.
Read at Business Insider
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