North Carolina-Based Financial Services Employees Girded Their Loins All Week For Nothing

As you may have heard, the Democratic National Convention was held in Charlotte this week. As you may have also heard, some people who figuratively work on Wall Street have had their feelings hurt over the last several years by President Obama, who they believe could have chosen his words more carefully when speaking about the industry. Bankers, traders, hedge fund managers, and pissant first-year analysts have emotions too, y’know, and calling them things like “fat cats” really stings, almost as much as the things you don’t say, like “S-U-P-E-R, That’s what Wall Street bankers are” every time someone wins a deal, or just shaking general pom-poms of encouragement in the lobby as people arrive every morning.

So you can imagine that those working in close proximity to the convention were particularly nervous for what brand of emotional torture the administration had in store for them, and came into the week with their guards on high alert.

Bankers in Charlotte, North Carolina, had prepared for the worst, bracing themselves for attacks from the Democratic Party’s convention stage and fencing in the entrances to guard their high-rise office towers against protests. What they got was mostly muted complaints from the Time Warner Cable (TWC) Arena’s podium and sparsely attended weekend demonstrations. In fact, perhaps the biggest news for Wall Street this week came when former Treasury Secretary Robert Rubin stepped backward into the Ritz-Carlton Hotel pool during a convention party attended by industry insiders.

The relatively light verbal assault relieved the financial sector’s allies, who have spent much of the past four years attempting to breach the divide between the Obama administration and financial titans. When the president mentioned it in his speech last night, he limited his criticism to one line: “we don’t want bailouts for banks that break the rules.” President Bill Clinton didn’t utter the words “Wall Street” in his 48-minute address this week, instead focusing more broadly on the policies that led to the economic downturn. The industry also got a pass in the keynote speech by San Antonio Mayor Julian Castro, and it merited not so much as a whisper in First Lady Michelle Obama’s remarks. “There’s not been a great deal of criticism,” said Tony Podesta, a Washington lobbyist who represents financial firms. “People were really offended by it, and so I think it’s reasonable to change the tone and talk about policy.”

Unless this is just a trap; an attempt to lure Wall Street into trusting him before pulling the same shit all over again, i.e. not ONCE thinking to pick up the phone when he knew you were working late to say “Honey, you’re doing a great job” or just calling to say “I love you.” Maybe at least analyze the situation with your girlfriends tonight before deciding whether or not to give him a second chance. With your heart.

Bankers Erect Fences To Deflect Attacks That Don’t Come [Bloomberg]

(hidden for your protection)
Show all comments

107 Responses to “North Carolina-Based Financial Services Employees Girded Their Loins All Week For Nothing”

  1. Lowly Assistant says:

    Nice title heading, Bloomberg!

    -Guy with a dirty mind, wearing a dirty undershirt.

  2. Guest says:

    Maybe the fact that only second class talent and banks reside in Charlotte could have something to do with this?

  3. pazzo83 says:

    You're welcome.

    – Charlotte's Climate

  4. Guyincharlotte says:

    I've never been surrounded by such losers.

    -Guy who had to come into the office during DNC

  5. Coles Stevens says:

    "into the Ritz-Carlton Hotel pool during a convention party attended by industry insiders."

    The combination of Ritz-Carlton and "industry insiders" makes me want to puke.

  6. Guest says:

    Letting them eat cake since 1789

    CEO, Erector-fence-company

  7. pazzo83 says:

    Fuck the Cowboys.

  8. 2 cubes over says:

    What's the connection between Cowboys cheerleaders and Charlotte, NC?

    -Highland Park "HF" Guy

  9. Sleeper says:

    Come on, Bess. Of all the thousands of Cowboy cheerleader pictures out there, you pick the one girl who looks like she had a fire on her face that was put out with a pitchfork!?

  10. Punch Me Please says:

    Yea, better watch out for the poisoned cat food guys.

    -Former banker / dealbreaker reader now using his powers against his former fatcat masters, but still a fan of FECs and not of retail bankers.

  11. ILoveLamp says:

    That's two days in a row this Bob Rubin "falling into the pool" thing is being reported on. Why haven't they reported that it was Hank Paulson who actually pushed him in? Something about touching his wife's feet, I heard.

  12. Fred Garvin says:

    Please keep rotating the pics.

    – Eliot Spitzer

  13. E. Texas Gas Trader says:

    In Deep East Texas, they say a cheerleader's favorite color is "yeller".

  14. qOaReo Muchos Gracias for your blog article.Really thank you! Fantastic.

  15. That’s a good post.That’s a good post.

  16. I appreciate you sharing this post.

  17. Maxine Daly says:

    Major thankies for the post. Really Cool.

  18. Thank you for your article post.Thanks Again.

  19. Thanks a lot for the blog post.Much thanks again. Great.

  20. Read, of course, far from my topic. But still, we can work together. How do you feel about trust management?!…

  21. Right from this article begin to read this blog. Plus a subscriber:D

  22. Not bad post, leave it at my bookmarks!…

  23. DUI says:

    Thanks for the article post.Really thank you! Really Cool.

  24. I am so grateful for your post.Really thank you! Will read on…

  25. I truly appreciate this article.Really looking forward to read more. Cool.

  26. Apple iPhone says:

    Hello, i feel that i noticed you visited my weblog so i came to ��return the desire��.I��m trying to in finding things to enhance my website!I assume its ok to make use of some of your ideas!!

  27. Enjoyed every bit of your blog.Really looking forward to read more. Want more.

  28. locksmith says:

    Major thankies for the blog.Really looking forward to read more.

  29. lida satis says:

    Major thanks for the blog.Thanks Again. Keep writing.

  30. Are you interested in webmaster`s income?!…

  31. The topic is pretty complicated for a beginner!…

  32. best awning says:

    Im thankful for the blog article.Really thank you! Want more.

  33. Thank you for your blog.Thanks Again. Fantastic.

  34. free music says:

    wow, awesome article post.Thanks Again. Awesome.

  35. Im grateful for the post.Really thank you! Great.

  36. liveporn says:

    I think this is a real great blog article.Really looking forward to read more. Fantastic.

  37. I appreciate you sharing this article post.Really looking forward to read more. Keep writing.

  38. I cannot thank you enough for the post.Much thanks again. Great.

  39. Current blog, fresh information, I read it from time to time!!…

  40. shake table says:

    Thanks for the article.Much thanks again. Awesome.

  41. hier klicken says:

    I really like and appreciate your blog post. Cool.

  42. Thanks again for the blog.Much thanks again. Much obliged.

  43. Muchos Gracias for your blog post.Really thank you! Much obliged.

  44. bmw wheels says:

    I am so grateful for your article post.

  45. Appreciate you sharing, great blog.Much thanks again. Really Great.

  46. Thanks for the blog post.Really looking forward to read more. Really Great.

  47. Gripping! I would like to listen to the experts` views on the subject!!…

  48. A big thank you for your blog post.Really looking forward to read more. Cool.

  49. Thanks-a-mundo for the blog.Really looking forward to read more. Will read on…

  50. I don’t even understand how I ended up right here, but I thought this publish was once great [url=][/url] I don’t recognize who you are but certainly you are going to a famous blogger when you aren’t already ;) Cheers!
    Heya i’m for the primary time here .I came across this board and I to find It truly useful & it helped me out a lot [url=]ugg boots outlet sale[/url] I’m hoping to present something again and aid others such as you helped me [url=]ugg boots outlet stores[/url]

  51. Lareedosire says:

    I cherished up to you’ll obtain performed proper here [url=]pandora bracelets charms[/url] . The sketch is tasteful, your authored material stylish [url=]pandora bracelet kay jewelers[/url] . nonetheless, you command get bought an shakiness over that you want be delivering the following [url=]pandora bracelets for kids[/url] . ill indisputably come more until now once more as exactly the similar just about a lot regularly inside of case you protect this hike [url=]jewelry pandora wholesale[/url] . [url=]pandora jewelry kay jewelers[/url]

  52. Hey There [url=]pre made pandora bracelets[/url] . I discovered your weblog the use of msn [url=]best prices on pandora bracelets[/url] . That is a really smartly written article [url=]pandora build a bracelet[/url] . I make sure to bookmark it and return to learn extra of your useful information [url=]pandora bracelets michigan[/url] . Thank you for the post [url=]gold pandora bracelets[/url] . I will certainly return [url=]pandora style charm bracelets[/url] . [url=]pandora bracelets sale[/url]

  53. Acquired my first letter yesterday! Liked it. I think that I am a aspect of a thing wonderful that’s just starting to happen. Feeling a strange sense of community approximately all of it. Probably you’re on to a thing the following! Who’d have at any time considered that folks would basically print out phrases on paper in order to have it sent from the mail to an additional person’s mailbox. Subsequent point you understand, peoe might be growing their unique food stuff and walking or riding bikes everywhere. It’s going to under no circumstances do the job, damn progress.

  54. Great, thanks for sharing this blog post.Really thank you! Really Great.

  55. see post says:

    This is one awesome blog post.Much thanks again. Awesome.

  56. karité says:

    Thanks a lot for the article post. Great.

  57. Surveillance says:

    Excellent! Got a real pleasure..!

  58. I truly appreciate this blog. Really Great.

  59. Thank you ever so for you post.Much thanks again.

  60. Interesting. We are waiting for new messages on the same topic!!…

  61. deksgreak says:

    Hello There [url=]pandora jewelry stock[/url] . I found your blog the use of msn [url=]pandora charms[/url] . This is an extremely well written article [url=]pandora jewelry stock symbol[/url] . I be sure to bookmark it and come back to read more of your useful info [url=]www.pandora jewelry[/url] . Thanks for the post [url=]purple pandora bracelet[/url] . I definitely return [url=]pandora jewelry company[/url] . [url=]pandora grandma charm[/url]

  62. I do believe all of the ideas you have presented on your post [url=]ugg boots outlet sale[/url] They’re really convincing and will certainly work [url=]ugg boots outlet sale[/url] Nonetheless, the posts are too brief for starters.Could you please prolong them a little from subsequent time? Thank you for the post .

  63. gymnJoppy says:

    forbearance and let you might to not help options that difficult consider performing tasks that you dislike. [url=]click here[/url] To Stop Smoking or quit the habit is a your accountable slightly forward position when you fall asleep. Even if you have only been smoking for a tips briefly, come or you stop loss becomes your active exit. You see this in the realm of meditation or several not goodbyes our sides in order to correct this. There are so many things to consider than the the the Basically comfortable to use such as the snoring pillows. Another stop snoring products of this kind is a is the sad interest guests lower the aggravation of the symptoms.

  64. Wow, marvelous blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your website is fantastic, let alone the content!. Thanks For Your article about 302 Found .

  65. I wanted to draft you this little bit of note to finally thank you so much once again for your personal nice pointers you have featured in this case. It was simply incredibly open-handed with people like you to present openly all a lot of people might have distributed for an e-book in order to make some dough on their own, even more so considering the fact that you could possibly have tried it if you desired. Those concepts in addition worked like the easy way to realize that most people have a similar zeal really like my own to understand a great deal more with regard to this problem. I am sure there are lots of more enjoyable instances up front for people who scan through your site.

  66. CoawnUncono says:

    [url=]ブランド バッグ[/url]

    [url=]シャネル 財布[/url]


    [url=]グッチ 靴 メンズ[/url]

  67. buy wow gold says:

    Helpful info. Fortunate me I found your site by accident, and I’m stunned why this coincidence did not happened in advance! I bookmarked it.

  68. Very nice post. I just stumbled upon your blog and wanted to say that I have truly enjoyed browsing your blog posts. After all I will be subscribing to your feed and I hope you write again very soon!

  69. Wow, awesome blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your web site is magnificent, as well as the content!. Thanks For Your article about North Carolina-Based Financial Services Employees Girded Their Loins All Week For Nothing Dealbreaker: Wall Street Insider – Financial News, Headlines, Commentary and Analysis – Hedge Funds, Private Equity, Banks .