This transcript has been automatically generated and may not be 100% accurate.

... the the ... well this ... to ... be held over ... a budget ... no fat cat bankers on Wall Street ... the people on Wall Street still don't get ... they don't get it ... what a different story years makes that was present Obama speaking back into thousandnine during the depths of the financial crisis ... acting as strident on these days especially not when he's looking to raise money from Wall Street's ... Go to Peter Nicholas in Washington to hear about the latest in terms of ... how the Pres is doing in raking in the campaign cash from those fat cat bankers ... Peter ... morning what what's the latest data we have that on how the presence do Mama fund-raising fraud ... well the truth of it is the president is doing pretty well he's raised the fourteen million dollars from mom the financial services sector ... is probably on these of running a little bit behind his pace into thousandeight ... but he has dozens and dozens of top ... Wall Street executives and financial services executives who are ... are helping raise money for him ... and so in some sense that the spine of his the fund raising from Wall Street really isn't how ... it is somewhat surprising given issue pointed out to soften the harsh rhetoric that is used towards Wall Street ... passage of the Dodd Frank bill ... and out but you know it just shows it is a certain kind of ... Michelin trust there are other Wall Street the president to ... lose ... their wages have HRW are speaking there showing what does the Obama campaign's raise what the Romney campaign is raised ... so far Obama isn't that a Romney ... there we have again fourteen million versus nine point five million ... as the year the campaign progresses though ... t think that Romney will be able to raise more from Wall Street given his background on the Street private equity ... I think it's obsolete or yes the Romney R is also likely to pick up to because he's now in a joint fundraising part their Republican National Committee ... to the cap someone he can raise have been have been our lifted ... so he can now raise up to seventy five thousand eight hundred dollars whereas Syron the Republican primary deliveries two thousandfive hundred dollars ... for them again a lot more money from Wall Street ... and just or as a super PAC that is raising tens of millions of dollars a lot of money ... is coming from Wall Street it's proving me an idea from Wall Street ... stronger will probably surpass Obama ... in terms of Wall Street money ... but the conventional thinking had been that ... Obama was relisted of lagging in suffering as a ... consequence of Wall Street's disaffection with an ... oval window so we do see is a convergence of interests here ... that the Wall Street some greenies president pressing beats Wall Street ... in this campaign season on the money is continuing to flow towards Obama ... I guess there's also sense I mean even though we we save Wall Street mystery the mean it's not one monolithic the boys ... and they're still lot of people on the street or think ... that you know we did need some change in the wake of a financial crisis ... that that's a very important point um I spoke to some aam ... traitors not Wall Street ... executives may say they're not single issue voter Ciena BCA bigger picture here are ... some that some of them say that Dodd Frank and ... stricter financial regulation was he was so unnecessary ... it was time for that ... they support a bomb and order agenda of a lipid is doing underpin issues ... so they're not just ... boating based on what he's saying that Kerry didn't raster tax rates ... de aam they're looking at the multiplicity of issues ... granted the in thing as you said that's an important point it's not one voice ... in your article though you didn't know it that you know the Obama campaign has seen some high-profile defections or people not that we are raising money said Mike Kavanagh was the former CFO ... of JPMorgan Chase ... of course Jamie Dynan was a big Obama supporter big Democratic Party supporter ... backing away ... this time around he's really cool they describe themselves as barely a Democrat when you lose people like that how does that ... hurt your ability to raise money ... what was no question that they're there have been some depressions and there are people on Wall Street and in the community who are on very unhappy with the awesome the rhetoric has come from Obama ... on the fact that bankers what he's saying about private equity ... criticisms of Mitt Romney's career at Bain Capital ... you know some people on Wall Street are upset about this and Dom have ... targeted over towards the Rani ... I think what's interesting though he is um that hundreds of people have dropped out of Obama this pool of what we call on Thursday for raising money for him ... hundreds of additional people signed up ... many of the new people or come from the financial services sector ... so please stop loss some support for his also picked up some new support ... I'm a dynamic company then ... when you do a deep dive into it you can see that he's actually probably not as bad off ... as one might ... expect this when his presidency given ... his history with Wall Street ... alright Peter fascinating stuff