As Democratic Senator Elizabeth Warren (D-MA) cast her vote today for Stanley Fischer to serve as the number two position at the US Federal Reserve, she had reservations about the former Citigroup Inc (NYSE:C) senior manager. Exercising a tight grip over the Democratic Party’s economic policymaking apparatus “In recent years, Wall Street institutions have exerted extraordinary influence in Washington’s corridors of power, but Citigroup Inc (NYSE:C) has risen above the others in exercising a tight grip over the Democratic Party’s economic policymaking apparatus,” the Wall Street foe writes in an opinion piece in Politico. “There is danger anytime the key economic…
Elizabeth Warren Questions Citigroup Dominance In DC
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.