Why are the wealthy abandoning the Republicans?

Even the ultra-rich are abandoning the Republicans.

As happens every four years during the primary season, Republican business leaders are rallying around the establishment candidate. This time, however, it's a Democrat. Morgan Stanley Chief Executive Officer John Mack, who raised more than $200,000 for W's 2004 campaign, came out for Hillary this spring. James Robinson III, the Atlanta-born banker, former CEO of American Express, and co-founder of RRE Ventures, told me: "I've been a Republican all my life. ... Full Story »

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