Posted on 08/19/2012 6:37:21 AM PDT by jimbo123
There appears to be a wealth of Wall Street sniping about Robert Wolfs departure from UBS after being described as a fat cat with the presidents ear.
Wolf resigned as chairman of UBS Americas and president of global investment banking last month to set up his own firm, 32 Advisors. Hes among President Obamas leading fund-raisers, a regular face at the White House and even golfs with Obama. He also makes regular Obama-friendly TV appearances, despite the presidents perceived anti-Wall Street rhetoric.
A source told us, Wall Street insiders are sniping that Wolfs new career path appears to be serving as a TV pundit supporting the president.
(Excerpt) Read more at nypost.com ...
Either way, he’ll make oceans of money during the lame duck session. And I’m sure he’s already setting up his ducks.
launder that dough
Indeed
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