Wall Street braces for Warren run

[RiverLover]

Wall Street braces for Warren run
12/20/14

?itok=7GoUkXwv

Big banks are unnerved by Sen. Elizabeth Warren's (D-Mass.) rise in Democratic circles, which is raising the prospect of her running for the White House.

Supporters who have launched campaigns to push her into the race as a rival to Hillary Clinton launched a protest in Warren’s name outside Citigroup's Manhattan offices on Thursday, which only added to the industry’s anxiety.

The demonstration came a week after Warren led a populist uprising against changes to the Wall Street reform bill that were included in the $1.1 trillion government-spending bill.

JP Morgan CEO Jamie Dimon was among those who lobbied for the tweaks, which represented a significant lobbying win for Wall Street.

Despite support for the package from the White House and Republican leaders, Warren nearly took it down — sending a strong signal of her influence on Capitol Hill.

...“The prospect of a Warren presidential candidacy increases the 'headline risk' concerns of large financial institutions,” said one banking lobbyist.

Equally jarring to Wall Street is the possibility that Warren could force Clinton to the left to appease progressives. Income equality has emerged as the number one issue on the left, and it is seen as a touchstone issue for Warren.

“Her message could play well with voters and could force Hillary to follow suit,” a second banking lobbyist said.

Republican strategist Chip Saltsman dubbed Warren’s rise as “a huge headache for Hillary.”

“This is going to move Hillary to the left,” said Saltsman, a former senior adviser to GOP presidential candidate Mike Huckabee. “Hillary is going to have to placate the Warren-wing of the party.”

Clinton, who also has not said if she will run for the White House, has already sent signals of concern about Warren....

http://thehill.com/policy/finance/227727-wall-street-braces-for-warren-candidacy

[VanillaRhapsody]

1. Except for the fact that she said she is finishing her term as Senator

and isn't up for re-election until 2018.

[RiverLover]

2. Can I go to the HIllary group and bash her? Why are you here?

I need a fly swatter.

[VanillaRhapsody]

3. How is telling the truth about what she said "bashing"?

she DID say she was going to finish her term as Sentator!

By the way I like her and would vote for her if she won the Primary....all evidence points to that NOT happening!

[RiverLover]

5. Swat.

[VanillaRhapsody]

6. She is going to finish her term as Senator...she said so herself

http://www.ibtimes.com/elizabeth-warren-i-am-not-running-president-2016-will-finish-senate-term-1495864

and THAT keeps her busy until 2019!

"I'm not running for president and I plan to serve out my term," Warren said at a press conference with Boston Mayor-elect Marty Walsh. Warren’s current term ends in January 2019.

[RiverLover]

7. Tell that to Wall Street, Joe Kennedy, 8 million MoveOn members, 1 million DFA members, and

Keith Ellison. Oh, and tell "The Hill" too.

I'm just providing articles about Liz Warren, in her group. I'm not harassing anyone like you are.

Swat. I keep missing.

[VanillaRhapsody]

8. I don't have to tell them...I am telling YOU...Wallstreet is MORE worried about her in the Senate

I can guarantee you that! She is much more lethal there!

[RiverLover]

10. This is harassment. I'm giving articles, I'm not making it up.

You are being really nasty here. Worse than usual. And that says ALOT.

[VanillaRhapsody]

12. No you are making it up...I just gave you her actual quote...

here it is again..

"I'm not running for president and I plan to serve out my term," Warren said at a press conference with Boston Mayor-elect Marty Walsh. Warren’s current term ends in January 2019.

[Autumn]

11. This is a protected group for supporters of Liz. If you can't be civil to the

members you will be blocked from this group. This is the only warning you will receive.

[VanillaRhapsody]

13. I am a supporter....and what have I said against Warren?

I would vote for her if she won the Primary....but she says..

"I'm not running for president and I plan to serve out my term," Warren said at a press conference with Boston Mayor-elect Marty Walsh. Warren’s current term ends in January 2019.

[Autumn]

14. This is a protected group for supporters of Elizabeth Warren. Your harassment of the members

posting in here is not appreciated.

[VanillaRhapsody]

15. and I support her....

so?

[newfie11]

21. Wow

You just stated the facts but you might as well give up.

[Autumn]

4. “Her message could play well with voters and could force Hillary to follow suit,”

Understatement there. I really hope she changes her mind and runs. With the way things are going we will need someone who is willing to stand up to the banks, Wall Street and the !%. Not just someone willing to say the right things just to get elected. Rec.

[RiverLover]

16. I know. And that is what was said on the RFW call last night, by a guy who said "I'm not a

Hillary fan, if you get the drift. I don't want to work hard for her to run if its only to push Hillary left." Because we know with all the million$ Hillary's gotten from them, it'll just be words.

Wall Street knows that too. For ex~

...According to a wide assortment of bankers and hedge-fund managers I spoke to for this article, Clinton’s rock-solid support on Wall Street is not anything that can be dislodged based on a few seemingly off-the-cuff comments in Boston calculated to protect her left flank. (For the record, she quickly walked them back, saying she had “short-handed” her comments about the failures of trickle-down economics by suggesting, absurdly, that corporations don’t create jobs.) “I think people are very excited about Hillary,” says one Wall Street investment professional with close ties to Washington. “Most people in New York on the finance side view her as being very pragmatic. I think they have confidence that she understands how things work and that she’s not a populist.”

The bottom line for Wall Street, says this executive—echoing many others—is that Clinton understands that America’s much-maligned financial industry wants to be part of the solution to the country’s problems. “Everybody who makes money feels a shared responsibility,” he continues. “Everybody sort of looks at her with a lot of optimism because they feel she doesn’t mind making hard decisions. She’ll do what she needs to do, but it’s not a ‘Let me blame you.’ It’s, ‘Hey, here’s what you’ve got to do.’ And I think that’s very different.” During a speech last December at the Conrad Hotel, in New York, her message could not have been more different from Obama’s hot, anti-Wall Street rhetoric: “We all got into this mess together, and we’re all going to have to work together to get out of it.”


...“The money is already behind her,” the Wall Street money manager says. “I don’t think it’s starting to line up behind her: It’s there for her if she wants it.”...

http://www.politico.com/magazine/story/2014/11/why-wall-street-loves-hillary-112782_full.html#.VGVtjPnF-Sp

They may be worried about Warren, but definitely not HRC.

[stillwaiting]

9. "Big banks are unnerved..." <------ I'm in. nt

[RiverLover]

17. Wish we had the millions they do, though. But $$$ never guarantees anything.

Ask Cantor.

[Phlem]

18. I'm thinking we need to

maintain this momentum, share with everyone you know, and keep it going. Whatever happens, she runs/she doesn't, it needs to be the main part of national discourse.

[RiverLover]

19. Definitely, Phlem!!

The press seems to eat up her every word, so that will help too. Did you see this episode of Bill Moyers, where they talk about how we're now in the 2nd Guilded Age?

The New Robber Barons

This is what we need to talk about, right here. I am looking forward to getting Frazer's book when it comes out next month~

The Life and Death of American Resistance to Organized Wealth and Power

We lost organized labor & gained organized wealth.

No one seems to notice.

[appalachiablue]

20. WE LOST ORGANIZED LABOR & GAINED ORGANIZED WEALTH. Says it all, the short of it.