In 2008, long before stress tests and Dodd-Frank, then-Senator Barack Obama excelled in the rich enclaves where much of New York's financial class lives. Obama made staggering gains among one-percenters in the wealthiest areas of western Connecticut, where as many as one-quarter of adult males work in the financial sector. In New Canaan, where Brian Williams owns a home and the median income exceeds $175,000, Obama lost by just 6 points after Kerry lost by 22 points four years earlier. Nearby Greenwich, where you can find Mel Gibson, Regis, and Madoff's kids, voted for Obama by 8 points.

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