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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans 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.htmlInvestment 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 hed 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 dont have a clue, just like they dont have any idea how to run this economy.
merrily
(45,251 posts)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)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)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.
Mnpaul
(3,655 posts)but now I see it
merrily
(45,251 posts)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)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)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.
LuvNewcastle
(16,846 posts)Franken just doesn't want to run the same kind of economy that Wall Street does.
gratuitous
(82,849 posts)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.
"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)former staffer for the Emmer and Coleman campaigns.
The Mn GOP, when you just can't get enough fail.
B Calm
(28,762 posts)Gidney N Cloyd
(19,840 posts)hack89
(39,171 posts)FSogol
(45,488 posts)LynnTTT
(362 posts)Sorry, need my second cup. I swear I read it as Lizard Banker.
MineralMan
(146,317 posts)His popularity in the state has grown. Minnesotans like him. They don't know McFadden.