As you may have heard, Wall Street is not, lets just call it, the most “popular” place these days. This is especially true if you’re currently in or running for office. Gotta give the people what they want and what the people want is, for example, you to very publicly and hurtfully break off your bro-mance with anyone in the upper echelons of the Street, no matter how charming, handsome, and sweet they may be. The fact that he was once a managing director at Lehman Brothers is naturally something that Republican Gubernatorial hopeful John Kasich’s opponents are throwing in his face but it wasn’t until recently that they uncovered a relationship that could ruin his chances. It’s not with a hooker and it’s doesn’t involve a source who identified Kasich servicing a hobo in the men’s room of the Port Authority, though it does involve a Dick.

“Fuld is an awesome guy,” Kasich told New York Observer for a September, 2001, story. “He is the kind of guy you want to go into battle with,” the article quoted Kasich as saying. “He is a great leader.”

After Lehman’s demise, Fuld quickly emerged as one of the chief villains of the financial crisis. He was even rumored to have been punched in the face while exercising in the Lehman gym around the time of the company’s bankruptcy. Kasich backed away a little from his association with Fuld during his Reuters interview, saying: “I called him a good leader because of what he did after 9-11.”

Kasich, though, was interviewed for the story before September 11 and the piece made no mention of the attacks, which destroyed Kasich’s New York office.

“Fuld had his thing to do and I had my thing to do,” Kasich added.

Shorting Wall Street On The Campaign Trail [Reuters]

Sign up for the Dealbreaker newsletter

Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

— Advertisement —

Comments (12)

  1. Posted by Halle Tosis | August 12, 2010 at 1:00 PM

    Did I just hear a cock crow for the third time??

  2. Posted by client 9 | August 12, 2010 at 1:17 PM

    so basically you’re saying that 9/11 was actually perpetrated by wall street in order to make certain ceo’s look like great leaders, while simultaneously wiping out some of the competition?

    your move, wikileaks

  3. Posted by ZK Jr. | August 12, 2010 at 1:20 PM

    Wow – based on the last 30 posts, it certainly does not appear that the “contributors” are doing much contributing to this site! WTF? Bess is gonna burn out at this pace!! I am as concerned as Vikula is for his little Citi heirs!

  4. Posted by Bess Levin | August 12, 2010 at 1:23 PM

    @3 that comment could’ve used one more exclamation point.

  5. Posted by Charlie's intern | August 12, 2010 at 1:25 PM

    this could be worse, its not like he removed all the plumbing fixtures from his house, defecated on the floor…and then lied about it.

  6. Posted by Anonymous | August 12, 2010 at 1:29 PM

    Ohio has done just fine with leaders like Kucinich and Mike White. Those Wall Street scum can go elsewhere. Beam me up.

    J. Traficant.

  7. Posted by ZK Jr. | August 12, 2010 at 1:39 PM

    @ Bess- yes, but you could indeed sense my urgency and sincere concern via my exclamation points – no? NO?!!!

  8. Posted by ZK Jr. | August 12, 2010 at 1:43 PM

    ZK: You wanted to see me, Bess?

    Bess: I was just going over the Jake Jarmel post and, anyway I was just reading your final edit, um, there seems to be an inordinate number of exclamation points.

    ZK: Well, I felt that the writing lacked certain emotion and intensity.

    Bess: Oh, “It was damp and chilly afternoon, so I decided to put on my sweatshirt!”

    ZK: Right, well…

    Bess: You put exclamation point after sweatshirt?

    ZK: That’s that’s correct, I-I felt that the character doesn’t like to be ch-ch-chilly…

    Bess: I see, “I pulled the lever on the machine, but the Clark bar didn’t come out!” Exclamation point?

    ZK: Well, yeah, you know how frustrating that can be when you keep putting quarters and quarters in to machine and then *prrt* nothing comes out…

    Bess: Get rid of the exclamation points…

    ZK: Ok, ok ok …

    Bess: I hate exclamation points…

    ZK: …ok I’ll just….

  9. Posted by gentleman trader | August 12, 2010 at 1:45 PM

    interesting election strategy. his program of servicing hobos in the mens room at the port authority is pretty cutting edge but might get him some of the more left leaning swing voters.

  10. Posted by Anonymous | August 12, 2010 at 2:16 PM

    he looks a bit constipated in that pic – perhaps a trip to the Nails abode will clear his pipes up

  11. Posted by Anonymous | August 12, 2010 at 3:20 PM

    Lol @2 and @8.

  12. Posted by Jagson | August 12, 2010 at 3:52 PM

    Punched in the face? Did he work out in the tavern?

Leave a comment

You can log in with your account or comment as a guest below.