Politico: Wall Street's latest panic: Trump could win

[seafan]

Politico has the ominous news for Wall Streeters and The Establishment tonight:

NEW YORK — Wall Street is growing increasingly terrified that Donald Trump — once viewed as an amusing summertime distraction — could actually win the Republican nomination for president.

The real estate billionaire, who took another populist shot on Sunday by ripping into lavish executive pay, continues to rise in the polls. Would-be Wall Street saviors like Jeb Bush are languishing in single digits. The belief that Trump's candidacy would quickly fade is now evaporating in a wave of fear.

“I held four lunches for investors in August and at the first one everyone assumed Trump would implode,” said Byron Wien, vice chairman of Blackstone Advisory Partners and a senior figure on Wall Street. “By the fourth one everyone was taking him very seriously. He taps into frustrations that are very real and he is a master manipulator of the media.”

The CEO of one large Wall Street firm, who declined to be identified by name criticizing the GOP front-runner, said the assumption in the financial industry remains that something will eventually knock Trump off and send voters toward a more establishment candidate. But that assumption is no longer held with strong conviction. And a dozen Wall Street executives interviewed for this article could not say what might dent Trump's appeal or when it might happen.

"I don't know anyone who is a Donald Trump supporter. I don’t know anyone who knows anyone who is a Donald Trump supporter. They are like this huge mystery group,” the CEO said. "So it's a combination of shock and bewilderment. No one really knows why this is happening. But my own belief is that the laws of gravity will apply and those who are prepared to run the marathon will benefit when Trump drops out at mile 22. Right now people think Trump is pretty hilarious but the longer it goes on the more frightening it gets."

.....

"Jeb Bush and Hillary Clinton will continue to let Wall Street and the 'hedge fund guys' rip off the people by paying no or very little in taxes," Trump said. "They have total and complete control of Hillary, Jeb and others running. My campaign is self- funded. The only people that have control of me are the people of the United States."

.....


“Most people in the New York business community don’t really like to speak publicly about politicians and especially not Trump, because he will just jump ugly all over them,” said Kathryn Wylde, president and CEO of the New York City Partnership, a group that includes many of the city’s top business leaders. “Trump has never really been part of the New York City business community or particularly engaged with the real estate community. There’s certainly no close set of relations there. He’s really a lone wolf. And a lot of these people thought Jeb Bush was a shoo-in and they are upset now because they have already thrown in with him and he is looking a little wilted.”

the story of this photo


The greedy Wall Streeters and Establishment aristocrats are afraid that Donald Trump will "jump ugly all over them". Ain't that a hoot.


Day by day, Donald Trump and Bernie Sanders are bulldozing down the foundation of their greed-sucking financial and political empire.

And, by God, we are alive to see it.

[DonCoquixote]

1. what does it say about the GOP

where Donald fucking TRUMP is considered too leftist for them?

and what does that say about Bush?

[Octafish]

2. ''They are like this huge mystery group.''

We all want friends who are like Family.

PS: Great stories behind a fascinating image, seafan! Decent people are not the same as people of descent.