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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: Vision

Ackman is a kapo and always has been. He aligned with MAGA when he thought it would be useful. Now he’s helping a socialist. He should be taxed into oblivion.


41 posted on 11/07/2025 3:47:56 AM PST by nonliberal (Russia is not my enemy.)
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To: napscoordinator

Shining up to the guy you supposedly vehemently opposed smells like crooked deals and backstabbings on the horizon. There are some others we know who do that.

The rich can’t ever get enough of money and power.

The poor can’t get enough of other people’s everything.

The middle class can’t seem to get anything. LOL


42 posted on 11/07/2025 4:22:40 AM PST by dforest
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To: CondoleezzaProtege

German industrialists thought they could control Hitler ...


43 posted on 11/07/2025 4:24:11 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: NorthMountain

The big difference is that German industrialists produced something. NY billionaires produce absolutely nothing. Tax them into oblivion.


44 posted on 11/07/2025 4:31:26 AM PST by nonliberal (Russia is not my enemy.)
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To: nonliberal

Not the point.

As it was in Germany, it will be in New York ... the communist/socialist will control the “upper class”, not the other way around.


45 posted on 11/07/2025 4:34:23 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: nonliberal

Agreed, hedge fund owners produce not even a broken pencil. They are biggest parasites on earth.


46 posted on 11/07/2025 7:01:07 AM PST by Bobbyvotes (Work is worship! .... Bhagavad Geeta)
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To: CondoleezzaProtege

I hope Mamdani robs these left-wing a$$holes blind. Serve them right.


47 posted on 11/07/2025 9:07:52 AM PST by nhbob1
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To: CondoleezzaProtege

Must watch: https://www.facebook.com/reel/1066837218766137


48 posted on 11/07/2025 1:14:26 PM PST by Lazamataz (I figure if Charlie Kirk can die for free speech, I can be mildly inconvenienced.)
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To: Lazamataz

LOL 🤣 The problem is if the bar is set in hell, well…he’ll be considered a success so long as the city doesn’t physically sink into the Atlantic.


49 posted on 11/07/2025 6:58:00 PM PST by CondoleezzaProtege
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To: CondoleezzaProtege

They extend a hand of friendship to Mamadani, while assuring behind the scenes that his power will be strictly limited. Let’s hope it works out like that.


50 posted on 11/07/2025 7:03:18 PM PST by x
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