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Burned by Obama: Wall St. execs feel betrayed
NY Post ^ | September 29, 2009 | CHARLES GASPARINO

Posted on 09/29/2009 3:13:06 AM PDT by Scanian

In the depths of the financial crisis last year, people like Morgan Stanley's John Mack, BlackRock's Larry Fink, Greg Fleming (then of Merrill Lynch), JP Morgan's Jamie Dimon and Goldman Sachs' Lloyd Blankfein were telling everyone that candidate Barack Obama was a "moderate," and moderation was what this country needed.

What a difference a year makes. They won't admit it in public -- but in private conversations, the top guys on Wall Street are feeling burned.

The guy who seemed like such a steady voice -- vowing to curb runaway spending and restoring order to the banking system and the economy as a whole -- is instead so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: betrayal; bho44; communistcoup; dimon; lies; moderate; obama; wallstreetvote; whitehouse
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1 posted on 09/29/2009 3:13:06 AM PDT by Scanian
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To: Scanian

That’s ok boys. Hitler fooled a lot of folks early on too.


2 posted on 09/29/2009 3:15:15 AM PDT by gov_bean_ counter (Is it too soon for real conservatives to launch a "We Tried to Warn You Tour"?)
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To: Scanian

No wonder they got caught in a financial disaster, they couldn’t even figure Obama out. Was it because they allow their view of the world to be filtered only through MSM?


3 posted on 09/29/2009 3:17:21 AM PDT by gusopol3
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To: Scanian

Duh. Idiots trusted a pretty politician. Duh.


4 posted on 09/29/2009 3:17:25 AM PDT by flowerplough ( Pennsylvania today - New New Jersey meets North West Virginia.)
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TOO MANY DUMB PPL


5 posted on 09/29/2009 3:17:46 AM PDT by 4rcane
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To: Scanian

Same people who invested with Madoff?

Nice move, a**holes, financing and supporting Marxist vermin into power.


6 posted on 09/29/2009 3:18:34 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: gov_bean_ counter

Obama is having us all for lunch.

7 posted on 09/29/2009 3:20:06 AM PDT by bmwcyle (We need more Joe Wilson's. OBAMA is ACORN ACORN is OBAMA)
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To: Scanian

Gasparino is blowing smoke for JPM and GS. Dimon and Blankfein are getting exactly what they want from Obama.


8 posted on 09/29/2009 3:20:38 AM PDT by Brugmansian
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To: Scanian

If Wall Street was fooled by obama, well... Wall Street was not fooled by obama. Not the real Wall Street. This new generation of helium-breathing rocket-scientists and toilet-paper hoards, holed-up in their multimillion dollar Chelsea lofts; these spoiled-rich-kid hedge fund lemmings, yeah...they were fooled. By pretty much everything.


9 posted on 09/29/2009 3:21:06 AM PDT by the invisib1e hand ("Isn't the Golden Mean the secret to something," I parried? "Yes," Blue replied. "Mediocrity.")
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To: Scanian; Bahbah; penelopesire

This is a really disturbing- but not surprising article. In particular, this got my attention:

...The funniest story I’ve heard lately came from a former Wall Street executive and longtime Democrat who anxiously recounted a recent conversation with Obama.

The executive said he told the president that he’s at a disadvantage because he’s relatively inexperienced in economic matters during a time of economic crisis. “That’s why I have Valerie,” came Obama’s reply.

“Valerie” is senior adviser Valerie Jarrett — a Chicago real-estate attorney and one of Obama’s closest friends, who has deep ties to the Windy City’s Democratic political machine...


10 posted on 09/29/2009 3:22:03 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: the invisib1e hand

toilet-paper hoarders, that is.


11 posted on 09/29/2009 3:22:04 AM PDT by the invisib1e hand ("Isn't the Golden Mean the secret to something," I parried? "Yes," Blue replied. "Mediocrity.")
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To: Scanian

Wizard’s with numbers but blind on people. Doesn’t surprise me. Suckers...


12 posted on 09/29/2009 3:23:02 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: the invisib1e hand
Wall Street was not fooled by obama. Not the real Wall Street. This new generation of helium-breathing rocket-scientists and toilet-paper hoards, holed-up in their multimillion dollar Chelsea lofts; these spoiled-rich-kid hedge fund lemmings, yeah...they were fooled. By pretty much everything.

LOL. Sweet.

13 posted on 09/29/2009 3:23:17 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: Scanian

They are not as smart as they thought they were. Not many people are.


14 posted on 09/29/2009 3:27:42 AM PDT by FreeAtlanta (There is no "O" in Transparency.)
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To: Scanian

Second article today from a major paper dissing The One. People are slowly waking up.


15 posted on 09/29/2009 3:28:31 AM PDT by Rennes Templar (All Hail the Community Organizer -in -Chief)
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To: gusopol3

That, and the fact that they are located in NYC—Lefty Land.


16 posted on 09/29/2009 3:32:04 AM PDT by Scanian
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To: flowerplough

They thought he’d be another Clinton with another Rubin advising him.

Surprise!


17 posted on 09/29/2009 3:32:55 AM PDT by Scanian
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To: SE Mom

That’s like saying you feel confident because you’ve got the village idiot as your right-hand man.


18 posted on 09/29/2009 3:35:23 AM PDT by Scanian
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To: Scanian
instead so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause.

Meet the new boss, same as the old boss.

19 posted on 09/29/2009 3:36:54 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: gov_bean_ counter

Sssshhh! Didn’t you get the memo? We’re not supposed to compare Obama to Hitler. No matter how many similarities there are. It’s impolite and immoderate.


20 posted on 09/29/2009 3:37:28 AM PDT by ottbmare (I could agree with you, but then we'd both be wrong.)
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