Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Wall Street Trader: “Pretty Much Everyone Hates Obama”
The Business Insider ^ | 1-27-2010 | John Carney

Posted on 01/27/2010 9:48:43 PM PST by blam

Wall Street Trader: “Pretty Much Everyone Hates Obama”

John Carney
Jan. 27, 2010, 2:07 PM

After a year in which his administration’s policies helped produce some of the best years on record for Wall Street firms, President Barack Obama has been struggling to recast himself as an adversary of the banks.

He seems to have succeeded in taking on this role with one important group—the bankers themselves.

“Pretty much everyone hates Obama,” a senior trader at a major Wall Street firm told us.

"He's never been popular but this is a whole new level," he said.

The trader explained that the thought the Obama administration’s plans were worse than unworkable.

“It’s one thing if he proposes something we don’t like, that we disagree with. But when he puts forth this thing, none of it backed with any thoughtfulness about how things work…it really pisses people off,” he said.

[snip]

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


TOPICS: News/Current Events
KEYWORDS: banking; bho44; bhoanniversary; obama; politics; regulation; wallstreet; wallstreetvote
Navigation: use the links below to view more comments.
first 1-2021-22 next last

1 posted on 01/27/2010 9:48:45 PM PST by blam
[ Post Reply | Private Reply | View Replies]

To: blam

That’s one trader (and perhaps reporter) you won’t be hearing from much any more.


2 posted on 01/27/2010 9:51:46 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam; Nachum

Don’t miss this!


3 posted on 01/27/2010 9:52:29 PM PST by Jet Jaguar
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
“Look at Bear, Lehman. They weren’t banks. But it was their collapse that bought everything to the edge,” he said. “And now the new rules may wind up exempting Goldman and Morgan Stanley? How does that make sense?”

Good point, but we aren't dealing with logic here. We're dealing with a man child who probably couldn't pass an Economics 101 course.

4 posted on 01/27/2010 9:52:42 PM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

How ironic. IIRC Wall Street gave 75% of its donations to elect him.


5 posted on 01/27/2010 9:53:17 PM PST by freespirited (Congratulations Senator Brown. One down, 59 to go.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
Not popular on wall street? I seem to remember seeing alot of Jim Cramer types dumping load of cash in his campaign.
6 posted on 01/27/2010 9:54:35 PM PST by Lazlo in PA
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jet Jaguar

Whew. Gettin’ thick out there. Mighty thick...


7 posted on 01/27/2010 9:55:35 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
[ Post Reply | Private Reply | To 3 | View Replies]

To: blam

Wall Street gambled on him & lost. Too bad they aren’t the only losers here. The rest of us get to suffer for their poor bet.


8 posted on 01/27/2010 9:56:29 PM PST by zlala
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vigilanteman

Good point, but we aren’t dealing with logic here. We’re dealing with a man child who probably couldn’t pass an Economics 101 course.

___________________________

Good point, but we aren’t dealing with logic here. We’re dealing with complete corruption.

Sorry, I fixed that for you. Our current leadership would make Bernie Madoff blush.


9 posted on 01/27/2010 10:01:32 PM PST by volunbeer (Dear heaven.... we really need President Reagan again!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam

Well that’s good news


10 posted on 01/27/2010 10:07:42 PM PST by Vendome (Don't take life so seriously... You'll never live through it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: freespirited
How ironic. IIRC Wall Street gave 75% of its donations to elect him.

One wonders what part of Faust they did not understand.

(Not original. Credits to a letter to the wsj re similar topic)

.

11 posted on 01/27/2010 10:11:58 PM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Lazlo in PA

Hedge funds. Totally unregulated and they own lots of senators. The Dems refuse to regulate hedge funds like Soros etc etc.


12 posted on 01/27/2010 10:14:20 PM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Vigilanteman
We're dealing with a man child who probably couldn't pass an Economics 101 course.

Obama is "the one" who thinks that P/E ratio stands for "profits and earnings ratio".

13 posted on 01/27/2010 10:14:34 PM PST by 6SJ7 (atlasShruggedInd = TRUE)
[ Post Reply | Private Reply | To 4 | View Replies]

To: freespirited

their distrust of the Christian conservatism of his running mate got the best of them

now they have a POTUS who not only is bigoted towards them but also is as openly hostile to Israel as any POTUS I have ever seen

they are sure saavy..this group on Wall Street


14 posted on 01/27/2010 10:20:43 PM PST by wardaddy (Good Yankees in Massachusetts, I salute you all from bended knee in appreciation)
[ Post Reply | Private Reply | To 5 | View Replies]

To: freespirited

They will now be giving 100% of their donations to defeat him.


15 posted on 01/27/2010 10:26:50 PM PST by DarthVader (Liberalism is the politics of EVIL whose time of judgment has come.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: blam
After a year in which his administration’s policies helped produce some of the best years on record for Wall Street firms,...

WTH? I can't get around the first statement. Did I miss something in translation or what?

16 posted on 01/27/2010 10:46:00 PM PST by Outlaw Woman (If you remove the first Amendment, we'll be forced to move on to the next one.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
"After a year in which his administration’s policies helped produce some of the best years on record for Wall Street firms"

Note the difference in singular versus plural, and that 0bama was sworn in about 365 days ago.

The overwhelming stupidity of that statement is only exceeded by the proved liberal slant of the reporter.

17 posted on 01/27/2010 11:05:49 PM PST by Uncle Miltie (Liberal Massachussetts says: "FUBO!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Bullcrap. Wall Street overwhelmingly voted and contributed campaign cash for the Kenyan. Now they want a do-over.


18 posted on 01/28/2010 4:48:57 AM PST by jimbo123
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7

How can you be sure it was him or the guy who write his teleprompter speeches? Or the evil influence of George W. Bush? Just because he spoke “off the cuff” doesn’t mean he’s ignorant. He’s got a Harvard Law School degree, you know. < / sarcasm >


19 posted on 01/28/2010 7:24:12 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Lazlo in PA

He did not stay BOUGHT! The crooks thought they could buy Obama to get favors. Now they’re gonna be PO’d.


20 posted on 01/28/2010 2:55:11 PM PST by darth
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson