Sad – there is no hope. This presidential (doesn’t deserve a capital “P”) election is between Wall Street and Wall Street. Riganation.
Top row, left to right: David Malpass, Howard Lorber, Harold Hamm; Bottom row, left to right: Steve Mnuchin, Tom Barrack, John Paulson
This is Trump’s economic team that he chose. And yes, Steven Mnuchin who benefitted from the housing crisis is on the list. Enough said.
Donald Trump has released the names of his economic advisers, a list heavy with Wall Street and real estate industry figures, but short of actual economists.
The names include several people from the world of hedge fund and private equity firms, including Steven Feinberg, chief executive and co-founder of Cerberus Capital Management; Thomas J. Barrack, chief executive of Colony Capital Management; and John Paulson, president of a hedge fund company bearing his name.
One major oil industry executive is on the list: Harold Hamm, CEO of Continental Resources, who made a fortune in Bakken Shale formation and is said by Forbes to be worth…
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