What do top financial services employees think of the month-long protests headquartered in Zucotti Park, which took over Times Square over the weekend? So far the most vocal people have expressed support for the movement, like Jim Chanos, who said, “New York is so finance-centric that people here underappreciate the reaction of the rest of the country” and that OWS shouldn’t be underestimated; Larry Fink, who told reporters, “I believe we should not turn our backs on these protests…Maybe we will get some balance”; Jamie Dimon, who told those listening to the JPM conference on Thursday, “I do vaguely remember the First Amendment that it is legal to demonstrate and it is completely fine. You should listen and not just have a knee-jerk reaction”; and Vikram Pandit, who in addition to saying that “trust has been broken between financial institutions and the citizens of the US,” told protesters he’d love to chat over the phone. With the exception of John Paulson, however, who last week issued a statement telling protesters to 1) beat it and 2) thank their lucky stars that as the founder of a ‘most successful business‘, he chose to set up shop in New York, most financiers with less then charitable feelings have kept their feelings to themselves, fearing retribution from the anti-Wall Street group. Until now. Read more »
First Amendment
- 17 Oct 2011 at 3:11 PM
Area Hedge Fund Manager Pretty Sure Wall Street Protesters Are Just Looking To Rub Up Against Each Other And Score Dope
By Bess Levin- 55799285 Commentshttp%3A%2F%2Fdealbreaker.com%2F2011%2F10%2Farea-hedge-fund-manager-pretty-sure-wall-street-protesters-are-just-looking-to-rub-up-against-each-other-and-score-dope%2FArea+Hedge+Fund+Manager+Pretty+Sure+Wall+Street+Protesters+Are+Just+Looking+To+Rub+Up+Against+Each+Other+And+Score+Dope2011-10-17+19%3A11%3A09Bess+Levinhttp%3A%2F%2Fdealbreaker.com%2F%3Fp%3D55799
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Tags: First Amendment, gratitude, hedge fund managers, Jamie Dimon, Jim Chanos, John Paulson, literal laughter, Mike Mayo, they're looking for rock 'n roll? what?, Vikram Pandit, Wall Street Protest 2011
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- 24 May 2013 at 10:00 AM
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Tags: LearnVest, this is an ad
- 23 May 2013 at 12:00 PM
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Sponsored Content
SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
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In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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Tags: debt, Refinance, SoFi, Student Loans, Students, this is an ad
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