Much has been made of the supposed falling out between President Obama and Wall Street since he was elected. What started out as beautiful bromance quickly appeared to devolve into public insults and both sides saying stuff like “he never mattered that much to me,” when you know such was not the case. Many have wondered if the anti-business rhetoric will drive the executives into the arms of another man. Apparently the answer is no. While some wounds are still open and there’s a lot of work that needs to be done in order for everyone to trust each other with his heart, it’s at least looking like they still want to be together. Continue reading »
As you’re aware, back in the day, President Obama and Wall Street got along just fine. Better than fine, in some cases, with Jamie Dimon being one of his boys and hedge fund managers like Dan Loeb, Steven Cohen and so and so forth donating considerable month to his campaign. But, things happened. People changed. Stuff was said that couldn’t be taken back. SC burned the two-man donkey costume he bought for election night ’08 and made a couplea traders get into to celebrate the night and now reportedly holds weekly Tuesday night GOP strategizing sessions. Loeb gets his feelings out on paper. Jamie doesn’t even think to call BO to chill and in fact couldn’t even if he wanted to, which he doesn’t, as that guy was deleted from his phone/life. And, just generally, the businessmen of America feel abused. Obama knows, he’s sorry, and he wants to make it up to you. Continue reading »
