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RiverLover

(7,830 posts)
9. Why Wall Street Loves Hillary
Fri Dec 5, 2014, 08:32 AM
Dec 2014
...While the finance industry does genuinely hate Warren, the big bankers love Clinton, and by and large they badly want her to be president. Many of the rich and powerful in the financial industry—among them, Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Tom Nides, a powerful vice chairman at Morgan Stanley, and the heads of JPMorganChase and Bank of America—consider Clinton a pragmatic problem-solver not prone to populist rhetoric. To them, she’s someone who gets the idea that we all benefit if Wall Street and American business thrive. What about her forays into fiery rhetoric? They dismiss it quickly as political maneuvers. None of them think she really means her populism.

Although Hillary Clinton has made no formal announcement of her candidacy, the consensus on Wall Street is that she is running—and running hard—and that her national organization is quickly falling into place behind the scenes. That all makes her attractive. Wall Street, above all, loves a winner, especially one who is not likely to tamper too radically with its vast money pot.

According to a wide assortment of bankers and hedge-fund managers I spoke to for this article, Clinton’s rock-solid support on Wall Street is not anything that can be dislodged based on a few seemingly off-the-cuff comments in Boston calculated to protect her left flank.

http://www.politico.com/magazine/story/2014/11/why-wall-street-loves-hillary-112782_full.html#.VGVtjPnF-Sp


Seems as though ever since Wall Street took over our treasury dept years ago, our "American upward mobility" took a nose dive, at least for the majority..We need to END this, not hand them the fricking keys.


Recommendations

0 members have recommended this reply (displayed in chronological order):

Political power for two decades?....... pkdu Dec 2014 #1
Decent article, but the last paragraph falls short. joshcryer Dec 2014 #2
Her constant siding with Republicans, constant betrayal of other Democrats True Blue Door Dec 2014 #3
Link? joshcryer Dec 2014 #5
... RiverLover Dec 2014 #10
"You want me to apologize for the fact that the president is an idiot?" joshcryer Dec 2014 #12
What? RiverLover Dec 2014 #13
Her stance is that she shouldn't apologize for Bush. joshcryer Dec 2014 #15
Thanks. nt RiverLover Dec 2014 #24
So you like Warren who WAS a Republican for 25 or 30 years, casting right wing, bigoted votes Bluenorthwest Dec 2014 #18
Another +1000 JustAnotherGen Dec 2014 #26
Why yes, yes I do. Erich Bloodaxe BSN Dec 2014 #36
1. Whose votes resulted in more mayhem: Hillary's, or Warren's? MannyGoldstein Dec 2014 #45
I have seen no evidence for this.[n/t] Maedhros Dec 2014 #4
It is going to be a looooong campaign season. djean111 Dec 2014 #6
You DO know that the only people using the term "inevitable" are the anti-Hillary folks, right? brooklynite Dec 2014 #11
I do not like pointing, but I have seen it expressed that why waste money on primaries djean111 Dec 2014 #14
Then is should be easy for you to provide citations. brooklynite Dec 2014 #19
McCaskill wants that, but it's silly. joshcryer Dec 2014 #32
I see an ASSERTION (without evidence) that McCaskill doesn't want a primary... brooklynite Dec 2014 #38
Care you read the link again? joshcryer Dec 2014 #41
That is absolutely absurd. joshcryer Dec 2014 #31
Perhaps you'd like to tell us Union Scribe Dec 2014 #17
bwahahaha! I know what you did there. LawDeeDah Dec 2014 #22
As a matter of fact, he was discussing that issue with Gloria Vanderbilt QC Dec 2014 #37
Or was it Marie Antoinette ? She of the let them eat cake? I had no idea that Anderson's Autumn Dec 2014 #40
Sometimes it sounds like lots of Social Register types are posting here, QC Dec 2014 #43
+10000 JustAnotherGen Dec 2014 #25
Chuck Schumer. MannyGoldstein Dec 2014 #44
Clinton already backing Ferguson, NYC... joshcryer Dec 2014 #28
Laughable.. sendero Dec 2014 #7
So a bunch of yahoos, running under the name... 99Forever Dec 2014 #8
Why Wall Street Loves Hillary RiverLover Dec 2014 #9
Which is why Elizabeth Warren supports Hillary's candidacy. baldguy Dec 2014 #16
And that is why I don't care for either of them. Liz was a Republican and is way too socially righty Bluenorthwest Dec 2014 #21
Not socially right IN THE LEAST today. Unlike Hillary. Reagan began as a Democrat & we know how RiverLover Dec 2014 #29
I don't know how many times I have to post this to you. She REFUSES to endorse Hillary. RiverLover Dec 2014 #27
Elizabeth Warren: I hope Hillary Clinton runs for president baldguy Dec 2014 #33
Not endorsing! Why do you think Stephanopolous tried so hard to get her to say it. RiverLover Dec 2014 #34
And that means, 'what' exactly? Did you think that Liberals are going to blindly continue to sabrina 1 Dec 2014 #46
The primary season is going to be hell here Marrah_G Dec 2014 #20
Hillary has brought forth innumeral things to nuture us. AngryAmish Dec 2014 #23
Wall Street and Tar Sands oil vt_native Dec 2014 #30
Bwahahahahah. Erich Bloodaxe BSN Dec 2014 #35
POTUS dynasties are for the stupid. L0oniX Dec 2014 #39
This. hifiguy Dec 2014 #49
I'm sick of hearing about the "middle class". What about the working class? Odin2005 Dec 2014 #42
Whew, I was afraid you had fallen ill, or even worse, what with ... 11 Bravo Dec 2014 #47
Talk about pure, unadulterated hifiguy Dec 2014 #48
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