http://news.yahoo.com/s/nm/financial_politics_wallstreet_dc Wall Street has shifted its allegiance in the 2006 election cycle by donating more to Democrats than Republicans who have been the investment banks' usual benefactors, U.S. Five leading firms Goldman Sachs Group Inc., Bear Stearns Companies Inc.,Morgan Stanley, Merrill Lynch & Co. and Lehman Brothers Holdings Inc. have contributed $6.2 million so far to candidates before the November elections, with about 52 percent going to Democrats. ... Despite being awash in record profits, Wall Street executives, investment bankers, brokers and traders may be getting weary of Republican control, Carroll said. President George W. Bush's polling numbers are low and growing violence in Iraq also weighs heavy on Republican leadership, he said. Meredith McGehee, policy director at The Campaign Legal Center, said Wall Street also may be concerned about the U.S. deficit, which has ballooned during the Bush administration. "The last time the deficit was under control was under the Democrats," McGehee said. *** Democrats have been trying to claim the mantel of fiscal responsibility since Clinton came to office. It's interesting that Wall Street is starting to respond. Nancy Pelosi the other day pledged that a Democratic Congress would adapt a pay as you go approach to fiscal discipline.