Liberal are very agitated about Burger King’s decision to acquire Canadian coffee chain Tim Hortons in a move that will allow the company to “invert” its headquarters to Canada, and pay a significantly lower tax rate.
Their first instinct was to accuse the “unpatriotic” burger chain of treason. However, conflicting emotions ensued once they learned that “good” billionaire Warren Buffett helped financed the deal.
It doesn’t really matter though, does it? Because Hillary Clinton is going to be the Democratic nominee in 2016, and anyone who thinks she is going to coddle Corporate American any less than the Obama administration has over the years is kidding themselves.
Like most rich liberals, Hillary Clinton has tons of even richer friends who work on Wall Street. Though she would never say it publicly, Clinton and her closest allies almost definitely high-fived when New York’s finest finally evicted the “occupiers” at Zuccotti Park.
On Friday, the whole Clinton clan will convene at Goldman Sachs headquarters in Manhattan for a meet and greet with top donors to the Bill, Hillary & Chelsea Clinton Foundation. The New York Times reported last month:
The event, which is held annually, will include a morning talk and lunch with the Clintons and their daughter, who as vice chairwoman of the foundation her father started has taken on a leadership role. Later, Mr. Clinton and his daughter will join donors for dinner at Birreria, the chef Mario Batali’s rooftop restaurant in the Flatiron district of Manhattan. …
DreamWorks Animation CEO, Jeffrey Katzenberg has become arguably President Barack Obama’s strongest political ally.
The Securities and Exchange Commission is looking into possible insider trading by Wall Street executives following a private 2008 meeting with then Treasury Secretary Hank Paulson.
Since the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, a recent Sunlight Foundation analysis showed that federal regulators have had a massively disproportional number of meetings with the nation’s biggest banks, in contrast to the number of meetings held with reform-oriented groups.
Wall Street professionals do not seem to be taking President Obama’s criticisms of their industries to heart, at least when it comes to fundraising.
Liberal protesters funded by secretive, big money non-profits marched to the headquarters of a conservative super PAC on Wednesday to protest the influence of secretive big money in politics.
Wall Street investment companies comprise a significant portion of President Obama’s campaign donors, Bloomberg reports.
Jake Siewert, Treasury Secretary Tim Geithner’s former counselor and White House press secretary during the Clinton administration, has taken a job at Goldman Sachs.