Common Dreams - January 2019
“It can’t be Warren and it can’t be Sanders,” said the CEO of another giant bank. “It has to be someone centrist and someone who can win.”
We bathe in their tears. @People4Bernie
The first 2020 Democratic presidential primary is still over a year away, but Wall Street executives are reportedly already freaking out about two likely progressive candidates: Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.).
"It can't be Warren and it can't be Sanders," the CEO of a "giant bank" anonymously told Politico, which reported on Monday that Wall Street executives are "getting panicked" about the presidential prospects of the Senate's two fiercest financial sector critics.
Warren launched an exploratory committee for president last month, vowing to take on the "corruption" that is "poisoning our democracy." Sanders, for his part, has yet to publicly announce a bid for the White House—but Yahoo Newsreported on Friday that the Vermont senator plans to launch his campaign "imminently."
Both progressive senators have placed scrutiny of Wall Street's size, record of large-scale fraud, exorbitant CEO pay packages, enormous political influence, and lack of stringent regulations at the center of their political agendas for years, and deep-pocketed bankers who have profited immensely from President Donald Trump's tenure are worried that one of the two could ascend to the White House and threaten their pocketbooks.
"Bankers' biggest fear," Politico reported, is that the 2020 Democratic presidential "nomination goes to an anti-Wall Street crusader" like Warren or Sanders. ...
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