BlackRock Guy Who Brought Coworkers To Tears Feels Right At Home In Trump Treasury

Snowflakes need not apply.
Author:
Updated:
Original:
Get ready for some waterworks here.

Get ready for some waterworks here.

How do you make it into the Trump administration when, despite your millionaire bona fides, you gave six figures to Hillary Clinton's presidential effort and previously positioned yourself for a spot in a Democratic White House? If you're Craig Phillips, previously of BlackRock and now heading up financial regulatory reform in Steve Mnuchin's Treasury Department, a reputation of making your snowflake colleagues cry evidently doesn't hurt:

Mr. Phillips’ blunt criticism was often perceived as bullying that sometimes brought his staff to tears, [former colleagues] said. One 2016 incident that former colleagues said was representative of his behavior involved a financial-data specialist making a presentation to a group of about 200 BlackRock employees around the world. Mr. Phillips interrupted the man and launched an expletive-filled rant, people who witnessed the event said.

Whether this particular alleged outburst was justified we can't know, suffice to say that the BlackRock employees interviewed by the Wall Street Journal painted a portrait of “both a brilliant financier and a volatile boss prone to dressing down subordinates with expletive-laced tongue-lashings.” So whatever Phillips might be lacking in ideological purity – he's certainly no Ayn Rand – he makes up for it in pure alpha-male brio.

We look forward to his eventual meeting with Elizabeth Warren.

Meet Craig Phillips, the Man in Charge of Trump’s Review of Wall Street Rules [WSJ]

Related

DraftDimon

Future Treasury Secretary Jamie Dimon Has Donald Trump Right Where He Wants Him

"Trump doesn't respect Dimon" is the new version of "Water not wet."

JamieUSA

For A Guy Who Just Brought In $26B, Jamie Dimon Sure Hates America

The JPMorgan boss just lost his shit and somehow Mike Mayo has nothing to do with it.

mnuching blingee

Steve Mnuchin 'Not Particularly Concerned' About U.S. Treasury Market Despite Knowing The Guy Who Is Treasury Secretary

He's admittedly distracted, what with Louise in a small town with all those wealthier men.

SecretaryMnuchin

Jamie Dimon May Not Have Become Treasury Secretary, But The Treasury Secretary Is Becoming Jamie Dimon

Steve Mnuchin just wrote a 147-page love-letter to his favorite bank CEO.

Old Friends Get New Titles At BlackRock, Legg Mason

If you should ever be able to broker a deal like BlackRock's for Barclays Global Investors, it may be worth your while to do so.