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Tuesday, March 4, 2014

Why Wall Street Just Threatened Republicans

*Wall Street is warning Washington Republicans: The money spigot is turning off.
Rep. Dave Camp's tax proposal — which jacked up taxes on banks and threatens the bottom line of some major private equity players in New York — has infuriated donors in high finance. Private equity and investment firms in New York are telling key Republican players in D.C. that commitments for big-dollar fundraising have been "canceled for the foreseeable future," according to one GOP lobbyist with knowledge of the conversations...* What about Democrats? The Young Turks host Cenk Uygur breaks it down.

http://youtu.be/YCkZyPDEssI

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