Upset By Elizabeth Warren, U.S. Banks Debate Halting Some Campaign Donations

[LongTomH]

Original link from Sen. Warren's Facebook page.

http://www.huffingtonpost.com/2015/03/27/elizabeth-warren-campaign-donations_n_6953858.html

NEW YORK, March 27 (Reuters) - Big Wall Street banks are so upset with U.S. Democratic Senator Elizabeth Warren's call for them to be broken up that some have discussed withholding campaign donations to Senate Democrats in symbolic protest, sources familiar with the discussions said.

Representatives from Citigroup, JPMorgan, Goldman Sachs and Bank of America, have met to discuss ways to urge Democrats, including Warren and Ohio Senator Sherrod Brown, to soften their party's tone toward Wall Street, sources familiar with the discussions said this week.

Bank officials said the idea of withholding donations was not discussed at a meeting of the four banks in Washington but it has been raised in one-on-one conversations between representatives of some of them. However, there was no agreement on coordinating any action, and each bank is making its own decision, they said.

...........//snip

The tensions are a sign that the aftermath of the 2008 financial crisis - the bank bailouts and the fights over financial reforms to rein in Wall Street - are still a factor in the 2016 elections.

http://www.huffingtonpost.com/2015/03/27/elizabeth-warren-campaign-donations_n_6953858.html

[djean111]

1. And this, ladies and gentlemen, is why some of us are so very fucking cynical about voting and

the Democratic Party in general. The bankers assume they own it and can tell its members what to do and what to say.

[LongTomH]

4. I think you missed the point entirely. Banks are pissed because some Democrats are.......

.......standing up to them. Some Democrats; no Republicans.

Read the article again!

[djean111]

5. No, we are just looking at this differently, I think.

It looks to me like the banks are pissed because they are not getting their money's worth from the Dems.
They didn't say they had been going to start giving money, they said they were going to stop giving money.
So, evidently they are used to getting Dem compliance. I will never get over Obama having Jamie Dimon whip the Dems for bank-friendly votes, and the Dems were successfully whipped.

[cascadiance]

2. Well good! Democrats just saved the government some money with less paybacks needed...

... to pay back this campaign bribery that would have normally been expected if they'd donated more money!

Should be a campaign sticker!

"Thanks for reducing our debt by expecting the government to spend less on you!"

[bemildred]

3. Good. People might know who to vote for.

(The ones that didn't take the banks money.)

[Jefferson23]

6. Isn't it great, they just wrote the Democratic candidates campaign slogan...if they want it.

BANKS OFFICIALS SAID THEY WITHHOLD DONATIONS FROM ME
signed............................................................... ( fill in the blank )