IEM Predicts Democratic Presidential Win
Bookmark & ShareMarch 5, 2008
Source: Wall Street Journal
Some attorneys and investment bankers are telling their clients to carry out corporate acquisitions before the November elections because they think a Democratic presidential victory could create more roadblocks for takeovers. Both Sens. Barack Obama and Hillary Clinton cranked up populist, anti-business themes in the just-finished Democratic primary battles in Ohio and Texas. A widely watched gauge of national sentiment, the UNIVERSITY OF IOWA'S IOWA ELECTRONIC MARKETS, now puts the prospect of a Democrat winning the White House this year at about 60 percent.
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