Theresa May Outs Herself as Wall Street’s Poodle in Brexit Talks

Naked Capitalism ^ | 20 September 2016 | Yves Smith

[Lorianne]

The only elements that differentiate Theresa May’s latest move from a Monty Python skit is her lack of a pith helmet and safari jacket.

The British PM, per the Financial Times, plans to visit with top executives of major Wall Street firms to “canvass” them on “how Britain should structure its departure from the EU to reassure them that Brexit will not damage their UK business.”

Mind you, she is not making this kiss-the-ring trip to New York to “reassure” the financial behemoths. That would mean the UK has a plan and is making the rounds to sell it and perhaps make cosmetic changes around the margins to make them feel important. Nor is it “consult,” which is diplo-speak for, “We’ll listen to your concerns but are making no commitment as to how much if any well take under advisement.” No, “canvass” means they are a valued constituency she intends to win over and is seeking their input for real.

[Lorianne]

We have our own Wall Street Poodles over here, one of them running for president.

[Mr. K]

“Remainder” sour grapes?

It seems like a very propery and intelligent meeting plan. Should she ignore them?

[griswold3]

Wall Street, Government. It’s a revolving door. You can’t tell them apart.
Where’s Tim Geithner and Eric Holder these days?
Yeah, see?

[BlackElk]

Theresa May:

Doesn't wish to criminalize baby=killing.

Doesn't want to criminalize "gay" "marriage."

Does jot want to exit the EU whatever she may say.

Ditch Theresa May.

[ZULU]

The Brits, like America,need to free themselves from the Establishment parties.

[RegulatorCountry]

The London financial sector is a very real concern with Brexit. There exists the possibility of major loss there. May is doing the right thing in consulting with financial groups having a presence in London and addressing their concerns. She’d be a fool not to, those offices would end up in Paris or Brussels rather than London if she didn’t.