A new study out Friday shows that Obama is relying more on Wall Street to fund his re-election than he did in 2008 -
Does Wall street have a problem with President Barack Obama?
Not so you'd notice where it counts—in his reelection effort.
Plenty of high visibility figures have complained about Obama on everything from Wall Street reform to potential tax increases to his anti-fat cat rhetoric.
But a new study by the Center for Responsive politics out Friday morning shows that Obama is relying more on Wall Street to fund his re-election this year than he did in 2008.
A copy of the study was obtained in advance by CNBC.
In fact, the Center found that one-third of the money Obama's elite fund-raising corps has raised on behalf of his re-election has come from the financial sector.
"Individuals who work in the finance, insurance and real estate sector are responsible for raising at least $11.3 million for Obama's campaign and the Democratic National Committee," the Center reported.
All of Obama's bundlers have raised a minimum of $34.95 million.
A "bundler" is a person tasked by the campaign with rounding up contributions from people in his or her business and personal network.
Obama and the DNC combined are on pace to blow away the amounts Obama raised from Wall Street donors in 2008. At the current pace, Obama and the DNC will far surpass his 2008 Wall Street fund-raising numbers both in raw dollar amounts and as a percentage of what he raises overall.
During his 2008 presidential bid, bundlers who worked in the finance, insurance and real estate sector were responsible for a minimum of $16 million, according to the Center's research. That's about 21 percent of the $76.5 million estimated minimum amount that these top fund-raisers brought in for Obama's presidential campaign.
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