HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Some Wall Street Democrat...

Mon Nov 30, 2020, 04:06 PM

Some Wall Street Democrats Are Sitting Out Georgia Senate Races


(Bloomberg) -- As deep-pocketed Democrats on Wall Street celebrate the ouster of President Donald Trump, some are privately showing little appetite for backing the party’s remaining skirmishes in Georgia.

Employees of securities and investment firms poured about $77 million into President-elect Joe Biden’s campaign and the super-PACs supporting him, more than quadruple what they steered toward Trump. But the pair of Democrats facing runoff elections in Georgia against Republican senators David Perdue and Kelly Loeffler on Jan. 5 are unlikely to see such lopsided support -- even with control of the chamber at stake.

For Wall Streeters, keeping the Senate in Republican hands means thwarting tax hikes for corporations and capital gains, as well as other policies that don’t align with their financial interests.

“Most Wall Street Democrats and certainly all Wall Street never-Trumpers -- Republicans that voted for Biden -- want a split government,” said Mike Novogratz, a long-time hedge fund manager and founder of Galaxy Digital. .........(more)

https://finance.yahoo.com/news/wall-street-democrats-sitting-georgia-130000310.html




8 replies, 1072 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 8 replies Author Time Post
Reply Some Wall Street Democrats Are Sitting Out Georgia Senate Races (Original post)
marmar Nov 2020 OP
gratuitous Nov 2020 #1
Chin music Nov 2020 #3
DonCoquixote Nov 2020 #2
still_one Nov 2020 #4
beachbumbob Nov 2020 #5
guillaumeb Nov 2020 #6
theaocp Nov 2020 #7
Wednesdays Dec 2020 #8

Response to marmar (Original post)

Mon Nov 30, 2020, 04:10 PM

1. Gee, why would the big money boyz want a split government?

Because they can make more money when government oversight is knee-capped?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to gratuitous (Reply #1)


Response to marmar (Original post)

Mon Nov 30, 2020, 04:11 PM

2. these people do not realize

that unless we actually go out of their comfort zone, the GOP will come back and make damned sure the economy id DEAD FOR EVERYBODY!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to marmar (Original post)

Mon Nov 30, 2020, 04:16 PM

4. Unidentified?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to marmar (Original post)

Mon Nov 30, 2020, 04:19 PM

5. the race needs little money to win BUT needs BIG GOTV effort, no one paying attention to ads

 

at this point

Reply to this post

Back to top Alert abuse Link here Permalink


Response to marmar (Original post)

Mon Nov 30, 2020, 04:20 PM

6. Typical of Wall Street, short-sighted, and greedy voters.

Recommended.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to marmar (Original post)

Mon Nov 30, 2020, 04:21 PM

7. Point to this before pointing at slogans. n/t

Reply to this post

Back to top Alert abuse Link here Permalink


Response to marmar (Original post)

Tue Dec 1, 2020, 10:35 AM

8. K&R. nt

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread