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New York’s Billionaires Are Bending the Knee to Zohran Mamdani
The Intercept_ ^ | November 6, 2025 | Katherinr Krueger

Posted on 11/06/2025 3:16:20 PM PST by CondoleezzaProtege

Chiefest among these converts is billionaire hedge fund mogul Bill Ackman, who famously contributed nearly $2 million of his own money to efforts to kill Mamdani’s candidacy…I read the Pershing Square Capital boss’s tweet on Tuesday night at-ing Mamdani:

“Congrats on the win. Now you have a big responsibility. If I can help NYC, just let me know what I can do.”

Elsewhere in the world of high finance, JPMorgan Chase CEO Jamie Dimon, who previously called Mamdani “more a Marxist than a socialist” and slammed him as pushing “ideological mush that means nothing in the real world,” is also offering his help.

In an interview with CNN on Wednesday, Dimon urged Mamdani to call up the outgoing mayor of Detroit for advice because “that’s the way you learn,” which is more than a little bit condescending. The billionaire also said he left a message for Mamdani the day after the election and selflessly offered to meet with him: “If I find it productive, I’ll continue to do it.”

Elsewhere, the crypto billionaire Mike Novogratz urged his countrymen to reach out to Mamdani.

“Once he’s the mayor, we’ve got to be sure he’s successful in keeping New York a thriving community,” he told Bloomberg News on Wednesday…”That we’ve got a tale of two cities in the Dickensian sense, to a degree we haven’t seen since we’ve been alive, and can you address the affordability issue in creative ways without driving business out.” The crypto industry might mourn the booster it had in the outgoing mayor, but something tells me “business” at large is going to be alright.

This isn’t to say everyone at the top has gracefully accepted the results.

It remains to be seen how Mamdani will govern and how big business will respond.

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


TOPICS: Business/Economy; Society
KEYWORDS: ackman; billackman; billionaires; capitalism; concerntroll; concerntrolling; corruption; crypto; dimon; ibtz; jamiedimon; jpmorgan; jpmorganchase; kathyhochul; mamdani; newyork; newyorkcity; socialism; traitors; zohranmamdani; zot
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To: CondoleezzaProtege

Why? Because no matter how bad Mamdani’s policies are the billionaires lives will not be adversely affected one bit. They have more than enough to offset for themselves anything negative money wise that will affect everyone else.


21 posted on 11/06/2025 5:07:30 PM PST by Wuli ( )
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To: CondoleezzaProtege

I don’t see anything alarming in their statements and nothing to show they’ll be supportive of his plans. It’s just the typical “congrats” that companies send after an election, but of course the media will blow it up into a story.


22 posted on 11/06/2025 5:23:01 PM PST by Prince of Space (I hate the media!)
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To: CondoleezzaProtege

Mamdani is a smooth operator. And has gift of gab.
Much smarter than AOC.


23 posted on 11/06/2025 5:30:05 PM PST by Bobbyvotes (Work is worship! .... Bhagavad Geeta)
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To: Prince of Space

It’s a balance to all the sensationalized stories about businesses leaving NYC and heading for the exit.


24 posted on 11/06/2025 5:32:46 PM PST by CondoleezzaProtege
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To: Lockbox

NEW BUILDINGS CAN BE BUILT


25 posted on 11/06/2025 5:49:53 PM PST by ridesthemiles (not giving up on TRUMP---EVER)
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To: Lockbox
Jamie is a disgrace.
26 posted on 11/06/2025 5:52:49 PM PST by Chgogal (The NYT is the mouthpiece of the violent left-wing Democrat Party)
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To: HereInTheHeartland

No they do not.


27 posted on 11/06/2025 5:58:13 PM PST by Vision (“Our Democracy” means "Our Slush Fund." The Left is hate.)
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To: dforest
I thought Ackman was better than this.
28 posted on 11/06/2025 5:58:50 PM PST by Vision (“Our Democracy” means "Our Slush Fund." The Left is hate.)
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To: Vision

He is like most of them. A whore. No principles as a person I guess. Sickening.


29 posted on 11/06/2025 6:15:02 PM PST by dforest
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To: dforest

Money is his god, likely. Thought he was better than that.


30 posted on 11/06/2025 6:16:35 PM PST by Vision (“Our Democracy” means "Our Slush Fund." The Left is hate.)
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To: CondoleezzaProtege

Money and Muzzies are the roots of all evil.


31 posted on 11/06/2025 7:14:26 PM PST by FlingWingFlyer (Another day of DemonRAT shutdown another great day for Chunky "Raw Cheeseburger" Schumer.)
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To: Bobbyvotes
Mamdani is a smooth operator…Much smarter…

In the end: winners can identify other winners.

32 posted on 11/06/2025 7:19:46 PM PST by CondoleezzaProtege
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To: CondoleezzaProtege

Babylon the Great Harlot


33 posted on 11/06/2025 7:21:49 PM PST by Varsity Flight ( "War by 🙏 the prophesies set before you." ) I Timothy 1:18. Nazarite warriors. 10.5.6.5 These Days)
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To: Vision

Babylon The Great

NY. Statue of Liberty The Great Harlot


34 posted on 11/06/2025 7:23:04 PM PST by Varsity Flight ( "War by 🙏 the prophesies set before you." ) I Timothy 1:18. Nazarite warriors. 10.5.6.5 These Days)
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To: matt04
The whole city is corrupt.

Most cities are corrupt. Large democrat cities are especially corrupt.

35 posted on 11/06/2025 7:25:56 PM PST by ladyjane
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To: Gene Eric
too expensive to relocate

No, it's not. Watch and learn.

36 posted on 11/06/2025 7:29:14 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Vision; dforest

Ackman reminds me of something that Lenin allegedly said, “The capitalist will sell you the rope that you use to hang him.”


37 posted on 11/06/2025 7:53:54 PM PST by irishjuggler
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To: dforest

I wonder if they will sit behind Mamdani during his inauguration. Seems to be a trend.


38 posted on 11/07/2025 2:24:45 AM PST by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: CondoleezzaProtege

I don’t like Moron Zandami but I see the oligarchy taking him under their wing to “guide” Moron through the maze of swamp land.


39 posted on 11/07/2025 2:33:52 AM PST by lucky american (Had enough yet?)
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To: matt04

Keep in mind that these billionaire hedge fund managers like Ackman produce NOTHING. They’re parasites living off of other people’s wealth. Tax them into oblivion.


40 posted on 11/07/2025 3:45:27 AM PST by nonliberal (Russia is not my enemy.)
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