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A growing list of wealthy Democrats are using their checkbooks to pressure Biden to drop out. Others, such as Netflix cofounder Reed Hastings, simply no longer support Biden. The donor uprising adds further obstacles to Biden hanging on after his disastrous debate performance. AdvertisementSome of the Democratic Party's biggest donors are pressuring President Joe Biden to step aside. Others are so angry about the president's standing after his disastrous debate performance that they have vowed to cut off all Democrats.
Persons: Biden, Reed Hastings, , Joe Biden Organizations: Netflix, Service, Democratic, Hollywood titans, Democratic Party, Business
There's an old saying on Wall Street: You can only leave Goldman Sachs once. Insider's Alex Morrell has a fascinating look at how Goldman Sachs' top executives have headed to some of the top hedge funds in the world in recent years. Poaching talent is a longstanding tradition on Wall Street, and the path from the investment banks to the buy side is a well-worn one. It's an indication of the shifting tides on Wall Street between the firms that traditionally held all the power (big banks) and the ones usurping them (multi-strat hedge funds). Click here to read more about how Goldman Sachs alumni are getting poached by the world's biggest hedge funds.
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