Barack Obama

Complete with the fake static. Read more »

French President Francois Hollande said on Wednesday he will raise concerns about a possible $10 billion-plus U.S. fine on BNP Paribas that he considers “disproportionate” with his U.S. counterpart Barack Obama. France’s biggest listed bank is under investigation by U.S. authorities over whether it evaded U.S. sanctions, mainly on Sudan, Iran and Syria, between 2002 and 2009, and Hollande said he would tackle Obama on the potential fine when they meet on Thursday. “I don’t know if he wants to talk about it, but I will talk to him about it,” Hollande told reporters during a trip to Warsaw. [Reuters]

Goldman Sachs Gets A Presidential Pat On The Head

President Obama took a little trip to a Bay Area Wal-Mart on Friday to tell Goldman Sachs that it’s doing God’s work. But it already knew that. Read more »

As has become a regular feature of his quarterly letters, Singer criticized the Obama administration, condemning the White House for proposed tax increases on the top tax bracket, and “its tone of hostility toward business, and boosting the unreviewable discretion of regulators.” For the hedge fund manager, who has been trading under the Elliott banner for 35 years, what he sees as the failings of the current U.S. administration are just one part of an increasingly complex web of global forces that are making the markets much harder to trade. “It is more difficult than ever to select ‘good’ First World investments based on careful financial analysis, fancy models, instinct or any other method,” Singer wrote. “Recommending shifts among bonds, which have almost no yield, highly volatile stocks and cash with zero yield is a thankless task.” [Reuters]

“I am really honored, frankly, to have played such a big role in hopefully, hopefully, getting rid of this issue,” Trump told reporters, his helicopter sitting behind him. He said he still wants to see the birth certificate, released while he was en route to New Hampshire, but now wants to talk about weightier issues such as oil prices. [ABC]

  • 27 Apr 2011 at 9:47 AM

Not Everyone On Wall Street Has Spurned Obama

He’s kissed the warm embrace of Dan Loeb, Steve Cohen, Ken Griffin et al good-bye but some financiers are still showing Mr. President the love. According the Journal, former Goldman CEO (and New Jersey governor) Jon Corzine will be hosting a dinner for 60 tonight at his home tonight where Obama will speak, before heading into New York for a second dinner at the Waldorf for a slightly less intimate event to be attended by 340 guest (who have paid $35,800/ticket). No word on whether or not David Tepper will be throwing a bigger/better Obama fundraiser next door to Corzine’s, which he’ll hand out flyers for to guests as they walk up to JSC’s house, telling them “This isn’t the party you want to go to, pass it on.” [WSJ]

That’s right, rewrite the past because the truth hurts too much. Read more »