Ken Langone

“I hope it’s not working,” Ken Langone, the billionaire co-founder of Home Depot and major GOP donor, said of populist political appeals. “Because if you go back to 1933, with different words, this is what Hitler was saying in Germany. You don’t survive as a society if you encourage and thrive on envy or jealousy.” [Politco via Daily Intel]

The early consensus among New Jersey Gov. Chris Christie’s many Wall Street supporters is that the George Washington Bridge flareup has hurt him but barring any new revelations, it will not derail his possible presidential candidacy in 2016. [...] “As I hoped and expected, Governor Christie was forthright, sincere, seriously embarrassed and unequivocally apologetic,” Ken Langone, co-founder of Home Depot and a major Christie Wall Street supporter, told me in an email from Vietnam. [CNBC]

As you may have heard, recently some JP Morgan shareholders have been making a lot of noise about their desire to strip Jamie Dimon of his gig as JP Morgan Chairman. Their argument centers largely on last summer’s incident in which one of the bank’s employees lost $6+ billion on a trade. So far the board has rallied behind JD, but until today, we hadn’t what veterans of the business community thought of the matter.

What, for instance, is Ken Langone’s reaction to the idea that Jamie can’t hold down two jobs at the same time? It’s horse shit, is what! Read more »

A slot previously held by a certain Home Depot founder who’d better step his shit up next time he’s on CNBC. Read more »

“I’m going to be very political. If we change the faces in the White House, we’re on the road to recovery. I believe it’s that simple. We need leadership, we need cheer leading, we need encouragement. We need businessmen and ‘fat cats’ to feel like they’re doing something good, not that they’re villains and not that they’re criminals.” Read more »

Ken Langone popped by CNBC earlier this morning to guest host Squawk Box with Becky, Joe and Andrew Ross Sorkin. Is he worried about the debt ceiling? No. “It’s a done deal,” Langone told the gang. “They don’t know it yet, but it’s taken care of.” There is something Ken is losing sleep over, however, and it’s the fact that President Obama doesn’t always wear a jacket in the Oval Office. Read more »

Earlier this week, Ken Langone invited 50 hedge fund managers and other financial services employees to his office. The occasion? A sit down with with Chris Christie, who the Home Depot founder apparently forced to discuss the possibility of running for president. Here’s what the New Jersey governor had to say: Read more »