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xchrom

(108,903 posts)
Thu Jul 3, 2014, 06:16 AM Jul 2014

Republicans Turn to Lazard Banker to Topple Al Franken

http://www.bloomberg.com/news/2014-07-03/republicans-turn-to-lazard-banker-to-topple-al-franken.html



Investment banker Mike McFadden wants to trade a career at Lazard Ltd. for one in politics and is making his finance background a chief argument for unseating U.S. Senator Al Franken in Minnesota.

That approach carries considerable risk as just 14 percent of Americans hold a favorable opinion of Wall Street firms, a NBC News/Wall Street Journal poll in September 2013 showed.

Still, Minnesota is where voters elected former professional wrestler Jesse Ventura governor in 1998 and a decade later sent Franken to the Senate after his career as a comedian and “Saturday Night Live” star. McFadden is aiming to win points as the latest outsider seeking office, saying he’d be a different kind of lawmaker.

“Senator Franken and the Democrats have no idea what I do,” McFadden said in an interview when asked whether his 20-year career in investment banking could be turned into a political liability. “They don’t have a clue, just like they don’t have any idea how to run this economy.”
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Republicans Turn to Lazard Banker to Topple Al Franken (Original Post) xchrom Jul 2014 OP
Lazard Banker? Reince Priebus? Who names these people? merrily Jul 2014 #1
+1 xchrom Jul 2014 #2
This Guys Name Is Mike McFadden ...... global1 Jul 2014 #3
Duh. When will I ever learn not to post before having coffee? merrily Jul 2014 #5
I didn't make the connection at first Mnpaul Jul 2014 #4
Very good. Could be even stronger, but maybe not in Minnesota. merrily Jul 2014 #6
Funny coincidence Mnpaul Jul 2014 #8
Forgive me, but I don't want to get started on Fannie and Freddie merrily Jul 2014 #9
Oh, he has a clue. LuvNewcastle Jul 2014 #7
What the banksters did is probably a matter for the courts gratuitous Jul 2014 #10
Ad: ieoeja Jul 2014 #19
McFadden hires Carl Kuhl as campaign manager Mnpaul Jul 2014 #11
Oh we got a clue what you do buddy, fuckin' crook! B Calm Jul 2014 #12
Wrestlers and comedians didn't drive the economy into a ditch. Dumb comparison, bloomberg. Gidney N Cloyd Jul 2014 #13
Who else first read that as "Lizard" banker? nt hack89 Jul 2014 #14
I did too! B Calm Jul 2014 #16
Wait, is that Doctor Lizardo? FSogol Jul 2014 #17
Lizard Banker??? LynnTTT Jul 2014 #15
It's very unlikely that Franken will lose. MineralMan Jul 2014 #18

merrily

(45,251 posts)
1. Lazard Banker? Reince Priebus? Who names these people?
Thu Jul 3, 2014, 06:22 AM
Jul 2014

Al Franken doesn't have a clue what investment bankers do?

All righty, then.

But, the economy is an issue. I sincerely hope Franken is prepared to defend the economy from a member of the very profession that crashed the economy of several nations in 2008. Of course, they did not act alone. They had many enablers and accessories, before and after the fact. Still, the investment banksters did it.

global1

(25,253 posts)
3. This Guys Name Is Mike McFadden ......
Thu Jul 3, 2014, 06:46 AM
Jul 2014

who is an investment banker for a company named Lazard Ltd. Lazard Banker on the other hand is a good name for a character in some book or movie that exposes the Repub Party for the hypocrites and frauds that they really are. Reince Prebus is just an ass.

merrily

(45,251 posts)
5. Duh. When will I ever learn not to post before having coffee?
Thu Jul 3, 2014, 07:00 AM
Jul 2014

I guess I'd be terribly ashamed if I were more of a proud person. As it is, I just have to laugh at myself and hope I've given others a morning laugh, too, even if it's at my expense.

merrily

(45,251 posts)
6. Very good. Could be even stronger, but maybe not in Minnesota.
Thu Jul 3, 2014, 07:03 AM
Jul 2014

What sells in the Northeast, where I've lived all my life, might well be offputting there. He hit the right issues, though

Mnpaul

(3,655 posts)
8. Funny coincidence
Thu Jul 3, 2014, 07:15 AM
Jul 2014

Every time I go to post this ad, it appears on my TV. Al is pounding the issue home during news broadcasts. People need to realize that poor people didn't cause the crisis, rich people did. Fannie/Freddie were highly profitable during the Clinton admin and are highly profitable now. They just put 41bil in profits into the treasury.

merrily

(45,251 posts)
9. Forgive me, but I don't want to get started on Fannie and Freddie
Thu Jul 3, 2014, 07:33 AM
Jul 2014

and their profits and losses. Or privatization. Or repeal of Glass Steagall.

I'd just rather wish Al well against "Lazard Banker," which is what I wish was McFadden's actual name, instead of just my silly mistake.

gratuitous

(82,849 posts)
10. What the banksters did is probably a matter for the courts
Thu Jul 3, 2014, 07:41 AM
Jul 2014

In fairness, we should warn Mr. McFadden that anything he says can be used as evidence against him in a court of law, and that he is entitled to have an attorney present during any press conferences.

So what he and his fellow robber barons did should be subject to the rules of criminal procedure, the results are a matter of public record. And those results ain't good.

 

ieoeja

(9,748 posts)
19. Ad:
Thu Jul 3, 2014, 11:47 AM
Jul 2014

"McFadden says we do not understand what he does as a Wall Street banker. We would love to hear McFadden tell the public exactly what he does. But he should be reminded that anything he says can and will be used against him in a court of law.

"Please proceed, Mr McFadden. The public is anxious to hear all the inside details of your work on Wall Street."

Mnpaul

(3,655 posts)
11. McFadden hires Carl Kuhl as campaign manager
Thu Jul 3, 2014, 08:00 AM
Jul 2014

former staffer for the Emmer and Coleman campaigns.

The Mn GOP, when you just can't get enough fail.

MineralMan

(146,317 posts)
18. It's very unlikely that Franken will lose.
Thu Jul 3, 2014, 09:50 AM
Jul 2014

His popularity in the state has grown. Minnesotans like him. They don't know McFadden.

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