Sen. Elizabeth Warren (D-MA) spent much of the Democratic primary belting back (and even happily promoting) attacks from monied interests on everything from the details of her wealth tax to her grander vision for financial restrictions in the country. Now, some cash-flush alarm-sounders have gone mute on the Massachusetts Democrat. “Not a peep,” one prominent Democratic donor adviser said when asked if Warren’s name is mentioned with any regularity on finance calls about the general election. “I’m on calls 12 hours a day and it just doesn’t ever come up.” As former Vice President Joe Biden attempts to give something to […]
Wall Street
3 posts
As Sen. Kelly Loeffler (R-GA) proclaims her exoneration from allegations of insider trading, she’s simultaneously building a campaign fundraising system that imagines her campaign as a Wall Street-style investment opportunity. The Georgia Republican is offering donors and fundraisers benefit packages to support her re-election bid. Those packages come in three tiers: investor, shareholder, and board member. That’s according to a fundraising brochure obtained by The Daily Beast, which also details each of the benefits that donors can expect from membership in what Loeffler’s campaign refers to as a “co-investor program” and has dubbed its “executive council.” It’s common for campaigns to […]
A lawsuit filed Monday describes a prominent international hedge fund as a Mad Men-esque workplace, where male traders described women as “bitches” and “cunts” and publicly rated their appearance on the trading room floor. The complaint against Advent Capital Management by former employee Courtney Robb claims the company’s top brass allowed the behavior to continue and retaliated against her when she complained. “This case demonstrates that #MeToo still has many miles to go on Wall Street,” an attorney on the case, Jeanne Christensen, said in a statement. “Female employees continue to be silenced in this male-dominated sector.” In a statement, Advent […]