Trump's call with Wall Street didn't go as planned

[swag]

https://www.politico.com/newsletters/politico-nightly-coronavirus-special-edition/2020/04/15/closing-time-488927

By BEN WHITE and RENUKA RAYASAM 04/15/2020 08:19 PM EDT

WALL STREET TO TRUMP: KEEP IT SHUT — The White House held a call this morning with top Wall Street titans and other senior bankers and financiers to talk about how to reopen the economy, part of a barrage of phone confabs between President Donald Trump and executives from industries including hospitality, health care, technology, construction, sports and many more.

There was a small problem with the Wall Street call. Actually several problems.

Many of the bankers said they knew nothing about the call until late Tuesday night. Several had quarterly earnings calls this morning that directly conflicted with the timing of the White House summons.

Goldman Sachs CEO David Solomon couldn’t be on the call because of earnings. Neither could JPMorgan CEO Jamie Dimon, though not because of earnings. Bank of America CEO Brian Moynihan was able to dial in right after his earnings call ended. Another senior executive from JPMorgan attempted to get on the call in Dimon’s place, two people briefed on the call told POLITICO, but couldn’t get through for 20 minutes and finally gave up.

One top executive described the call as a “shit show” that produced little of substance. Trump asked several questions, including to Moynihan about how the small business loan program was going. That program is now slated to run out of money soon.

Trump on the call praised the bravery of Morgan Stanley CEO James Gorman, who got Covid-19 but recovered. Gorman said his case was relatively mild and tried to deflect the praise.

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[BootinUp]

1. When is Dumpf NOT a shit show? I had to chuckle though nt

[GopherGal]

3. They can't even smoothly manage a conference call

Doesn't that make you confident that they can manage drastic equipment and supply shortages?

[babylonsister]

2. Hardly anyone wants to talk to him.

Games just about up, you POS.

[sfstaxprep]

4. How Many Of Them Will Still Vote For Him?

They may criticize him, but they'll still throw money his way, so long as he has that all important (r) next to his name.

[Collimator]

5. Some of the technical problems

and scheduling issues may be an attempt at "social distancing" by the CEO's to minimize their obvious connection with Trump for political purposes.

I agree, they will vote for him or find other ways to support him if his presidency helps their bottom line.

And of course they don't respect him; no thinking person does. He is useful to them in the way a million or more minimum wage workers are useful to them. His lack of humanity isn't the problem that they have with him because they don't see human beings--they see $$'s walking around.

[SamBob]

6. I cannot believe this idiot...

Exactly. Even people my husband knows. They don't make very much money, and one of his friend's is a small business owner and they all thought they were going to get something out of this, and honestly i ESPECIALLY dont understand why the small business owner guy is still supporting him other than the fact trump keeps blaming all of his faults onto the democrats. it's a dangerous thing he's doing.