Wall Street Almost Forgot That Obama Guy Is Still President

Most of them can't even get their panties in a bunch over the guy anymore!
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Once upon a time, when a certain Barack Obama uttered the words “carried interest,” the hedge fund industry lost its collective shit. It would call the President of the United States a wife-beater, a whore, a political hack, the second coming of Adolf Hitler. You know, the usual. But now, as they focus on making Chris Christie, Jeb Bush, Marco Rubio and Ted Cruz co-presidents for life, they just can’t be bothered anymore. Only the one knows as Mooch weighed in, because he’s got a restaurant and some conferences to fill and there’s no such thing as bad publicity. You can tell his heart's not really in it though.

If Scaramucci is concerned (he didn't sound it, actually) he might be the only one. The rest of hedge-fund land is more concerned about Hamptons season. "Did anyone even notice [Obama's comments]" asked one hedge fund executive. "He's a lame duck," said another industry professional.
"Overall finance" doesn't care, said another senior Wall Streeter.

Hedge-fund land is totally bored with Obama’s latest attack [BI]

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Dartmouth Grads Still Into Wall Street, Despite One Man's Campaign Against "A Field That Sanitizes The Intellect And Offers Almost Nothing To Human Society"

Back in August, a Dartmouth student named Andrew Lohse made a simple request of his peers: to stop being whores for Wall Street. "Should landing jobs prestigious 16-hour-a-day jobs at some faceless hedge fund, where they'll learn about manipulating capital instead of imagining a freer and more just world be the goal of the valedictorians of Ivy League institutions," Lohse asked and then answered, "No matter how hard I try, I cannot think of more pathetic ambitions." Lohse charged the undergraduates to "do better" and by better he meant  resist being "pulled into what is essentially a vulgar and extortionate system of lending and predatory capitalism which is increasingly underwritten by what remains of the public’s coffers." Was Lohse's argument a persuasive one? Did the image of him "vomiting in my mouth" at the idea of his peers becoming financial services employees cause anyone to reconsider? Apparently, not so much. Wall Street’s allure may have dimmed for some of America’s sharpest young minds in recent years, but a quick look at the top of Dartmouth College’s class of 2012 shows that the appeal seems to remain strong. At its commencement on Sunday, Dartmouth recognized four valedictorians who graduated with perfect 4.0 grade-point averages. Three are headed to work on Wall Street at major investment banks, and one will go to the giant business consulting firm that advises them. “Certain people have the view where finance is perceived in a more negative light,” said David Rogg, one of the valedictorians, noting that there was an active chapter of the Occupy movement on Dartmouth’s campus. “But a lot of people still find it to be a very positive industry.” He has a job lined up at Goldman Sachs, as does another of the valedictorians, Jie Zhong; a third, Wills Begor, will go to Morgan Stanley. The other valedictorian, Glynnis Kearney, will work at McKinsey & Company. Mr. Begor said some of his peers’ interest in Wall Street had diminished, “but for me, it’s an extension of the academic challenges at Dartmouth, to learn about finance, which is something we don’t get exposed to at a liberal arts college.” Begor did add that his gig is "just for two years" and "has been accepted to Harvard Business School, starting in 2014," so perhaps Andy got under his skin a little. Finance Jobs Still Appeal To Graduates At Darmouth [NYT] Related: Bridgewater Accuser/Dartmouth Fraternity Brother-Cum-Reformer Surprised Find Himself Not Covered By Whistleblowing Protection Laws