Sheryl Sandberg and 55 execs back Clinton for president
The Facebook (FB, Tech30)COO is one of 56 prominent American business leaders who endorsed Clinton on Thursday. The list includes billionaire Warren Buffett, Google (GOOG) executive chair Eric Schmidt and Dan Akerson, a Republican and former CEO of General Motors (GM).
"Trump would destroy much of what is great about America," said Reed Hastings, CEO and cofounder of Netflix (NFLX, Tech30). "It's important that Trump lose by a landslide to reject what he stands for."
Business has traditionally sided with Republicans, but Clinton is campaigning hard among big and small business leaders who are concerned about Trump's plans to erect walls -- literally and figuratively -- with Mexico and other parts of the world. Some even go as far as to say Trump's policies would send the U.S. into a recession.
Jim Cicconi, an AT&T (T, Tech30) executive, says he has supported every Republican for president since 1976, but this time he's backing Clinton. Sandberg's own support for Clinton comes the same week she is meeting with top Republicans in Congress, including House Speaker Paul Ryan.
http://money.cnn.com/2016/06/23/technology/sheryl-sandberg-backs-hillary-clinton/index.html?iid=ob_homepage_tech_pool
Guess who's not supporting Clinton. Hint it was thrown in our faces on a daily basis for over a year!
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There's just one area where support for Clinton is noticeably weak: Wall Street. Other than Buffett, there are no bankers on the list the 56 executives supporting Clinton. Wall Street CEOs like JPMorgan (JPM)'s Jamie Dimon, who gave a lot of money to the 2009 Obama inauguration committee, haven't endorsed her. Many are waiting to see if Clinton chooses Senator Elizabeth Warren, an outspoken critic of Wall Street, as her running mate.
Trump, meanwhile, continues to talk about his business acumen. And Americans so far like what they hear -- when asked who would be the better candidate for the economy, more American voters pick Trump than Clinton.
It's good to be weak.
