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Gothmog

(145,079 posts)
33. The Wall Streeters who actually like Elizabeth Warren
Wed Oct 23, 2019, 05:31 PM
Oct 2019



But not everyone on Wall Street hates her. In fact, there are plenty of people who believe the idea of Warren in the White House sounds pretty good. And it’s not a grudging acceptance of her worldview but instead genuine support for it.

Some in the industry believe that the excesses of the financial system continue to be a problem in the wake of the Great Recession and that corporate concentration, wealth inequality, and lax regulation are still issues that need addressing. Do they think she’s 100 percent right on everything? No. But they know she’s smart, and they think she’s approaching policy with a scalpel, not a sledgehammer. They believe Warren when she says she is a capitalist and are on board with her brand of capitalism.

“A place like mine chooses winners economically,” said a Goldman Sachs vice president. “Is that right? It doesn’t seem like that is right.”

I spoke with more than three dozen people from across the financial sector — professionals who work at hedge funds, big banks, and private equity funds, in asset management, financial advice, investment banking, trading, research, and compliance — who support Warren’s presidential bid. They know if she lands in the White House that may make their jobs a bit different, their companies a little less lucrative, or mean they’ll pay more in taxes. And they think that’s great. They support Warren because of her policies, not in spite of them.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
Really? They can go fuck themselves. PoindexterOglethorpe Sep 2019 #1
Seriously... all the more reason to support Elizabeth!! InAbLuEsTaTe Sep 2019 #8
They want ROI Kid Berwyn Sep 2019 #17
I call BULLSHIT. Some may hold back on donations to NoMoreRepugs Sep 2019 #2
That is my hope, under the present circumstances. Kid Berwyn Sep 2019 #19
I, for one, don't trust CNBC. dchill Sep 2019 #3
Dems' Wall Street wing hates Elizabeth Warren. They hated the New Deal too Kid Berwyn Sep 2019 #20
Well, now we know. And now we double the door to door for Warren. DemocracyMouse Sep 2019 #4
+1 InAbLuEsTaTe Sep 2019 #9
Billionaire Warren Buffett says 'the real problem' ... Kid Berwyn Sep 2019 #23
In other words "we prefer treason and traitors owned by foreign dictators to Senator Warren" RockRaven Sep 2019 #5
+1 Martin Eden Sep 2019 #10
That's some good messaging. calimary Sep 2019 #11
No, it's they prefer treason over paying fairer tax rates blm Sep 2019 #15
Some on Wall Street blame the Fed for inequality. Kid Berwyn Sep 2019 #25
f'n snowflakes ! dweller Sep 2019 #6
Reinstate Glass-Steagall and they'd go catatonic. Kid Berwyn Sep 2019 #29
"she's going to hurt me, so I'm going to help Trump"??? Beartracks Sep 2019 #7
... so I'm going to support the guy who'll hurt YOU." calimary Sep 2019 #12
That's it exactly William Seger Sep 2019 #14
That's it, EXACTLY! blm Sep 2019 #16
Biden Bros. progressoid Sep 2019 #13
"Grab all you can, anytime you can." Kid Berwyn Sep 2019 #30
Bullshit. Fiction. betsuni Sep 2019 #18
Great News: Wall Street Democrats Might Leave the Party Kid Berwyn Sep 2019 #21
I say it's spinach and I say the hell with it. betsuni Sep 2019 #24
If she wins the nomination the Wall Street folks will hedge their bets comradebillyboy Sep 2019 #22
How Elizabeth Warren would reform Wall Street Kid Berwyn Sep 2019 #31
You are correct. This is just bluster. NurseJackie Sep 2019 #32
Just seems "Wall Street Democrat" is a contradiction. Duppers Sep 2019 #26
There was no need to nakedly show their hand. We already knew. onecaliberal Sep 2019 #27
So...what's different? Illegal Sep 2019 #28
The Wall Streeters who actually like Elizabeth Warren Gothmog Oct 2019 #33
That'd be great! Kid Berwyn Oct 2019 #34
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