“WARREN ON TRUMP: NUCLEAR WAR IS BAD FOR BUSINESS — In a new Bloomberg Businessweek interview out this a.m., Sen. Elizabeth Warren (D-Mass.) on the huge disparity in Wall Street donations in favor of Hillary Clinton over Donald Trump”: “I don’t see it as a swing back to Democrats so much as I see it as supporting sanity. The financial-services people, as much as many of them would like to see more deregulation, are also deeply frightened by the prospect of a Trump presidency. Nuclear war is bad for business.”
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“MORE ON TBTF — Better Markets’ Dennis Kelleher emails on the HPS item in Wednesday’s MM: “Cherry picking data and quotes won’t end the too-big-to-fail threat, which remains alive and well where (1) there are still no credible domestic or international resolution regimes or plans; (2) interconnectedness remains at all-time highs; …”
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To read the full Politico article by Zachary Warmbrodt click here.