Hedge Fund Honchos Are Abandoning Obama And Throwing Their Full Support (And Coin) Behind The GOP

``Both Loeb and Cohen were long-time and loyal supporters of the Democrats. But since Obama took office, their fiscal support for the party has plunged. Loeb, a registered Democrat, "was one of the biggest Obama fund-raisers in 2008, rounding up $200,000 for him [and] in the decade prior, Mr. Loeb and his wife donated $250,000 to Democrats and less than $10,000 to Republicans," the WSJ said. But since then, Loeb has offered $468,000 to the GOP. He gave the Dems a paltry $8,000 in comparison.''