Tuesday, September 5, 2017

Wait until Wall Street wakes up and smells the arabica




THE TRUMP-COHN BROMANCE IS OFFICIALLY OVER

The president has been making furtive phone calls to Steve Bannon as he fumes over his economic adviser.

Unfortunately, like many Trump romances, this one has hit the skids. Trump quickly proved to be the sort of undisciplined employee who would’ve been fired from Goldman Sachs on day one. He withdrew the United States from the Paris climate agreement, despite Cohn’s protestations. The breaking point was Charlottesville: Cohn was said to be “disgusted” and “dismayed” at his boss’s characterization of a group containing neo-Nazis as having some “very fine people,” and, after two weeks of stewing, let his thoughts be known in an interview with the Financial Times, wherein he condemned the president’s equivocating. Not surprisingly, it did not go over well....


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