Wednesday, April 20, 2016

Former Lehman Brothers banker John Kasich may be Republican candidate closest to Wall St. interests, but they consider him a long shot-NY Times

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4/19/16, "The Wall Street Primary," NY Times, Emma Roller, columnist

"In the first half of 2015, securities and investment workers gave $30 million to try and elect Jeb Bush. But piles of Wall Street money couldn’t save Mr. Bush, who proved to be a startlingly inept candidate ill suited for the Trump era....

Gov. John Kasich of Ohio may have once worked for Lehman Brothers, and may be closest to the interests of those in the finance world, but the professional bettors on Wall Street recognize that he’s a long shot.... 

Securities and investment employees have donated roughly $21 million to Mrs. Clinton’s campaign and the outside groups that support her, according to the Center for Responsive Politics. By comparison, that sector has given $12 million to Mr. Cruz and $3 million to Mr. Kasich; it doesn’t even crack the top 20 list of industries that have donated to Mr. Sanders....

In October 2008,...Mrs. Clinton was one of 39 Democratic senators who voted for the $700 billion bailout of the financial system, a fact that Mr. Sanders won’t let her live down."...

"Emma Roller, a former reporter for National Journal, is a contributing opinion writer. This is an article from Campaign Stops at nytimes.com/campaignstops."


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