Hey, what's a "Corporate Dem"? [View all]
Can anyone define this for me? Maybe it's my work in the finance/ banking/ hedge fund industry. I can't figure this out. And why is it "Bad"? Seriously.
What irks me more than anything is someone with a "Elizabeth Warren wing of the party" icon calling Hillary a "corporate Dem" like it's a bad thing.
And yet Elizabeth Warren has taken TONS of $$$ from Wall Street Bankers, lobbyists, and Wall Street Lawyers. Senator Warren, and I love her to death, so don't take this the wrong way, is a beneficiary of a "different" Wall Street animal- not Bankers, but Lawyers.
She left her $350,000-a-year job at Harvard, where she was the Leo Gottlieb Professor of Law. That chair was endowed at his behest by the estate of Mr. Gottlieb by the law firm he founded, big time players Cleary-Gottlieb, which is not exactly doing the work of assisting middle-class Americans with their legal interests against the 1 Percent and their "Banksters". Instead, these lawyers make their living in part by helping representing multinational banks who among other things, did not want to pay their part of moneys received from Bernie Madoff back to the victims of his fraud. Other Law firms donating to Warren's campaign include criminal defense firms repping the asbestos industry and defendants in white collar crimes.
Of course donations by Democratic-leaning Wall Street Lawyers is not in and of itself anything one way or the other. But somehow she's NOT a corporate Dem?
This total incongruity of putting Elizabeth Warren on a Goddess pillar when her $ is as corporate as anyone else's. I don't get it.
For the record, I love Elizabeth Warren. But I know what reality is.