Bernie Sanders is running as the guy who is going to take on Wall Street and not be beholden to the special interests. As it turns out, Bernie has a few Wall St. supporters and donors.
Meredith Burak is a third-generation Wall Street executive. At 32, she has worked in global wealth management for Bank of America and Merrill Lynch. She thinks Wall Street is one of the few places in the country where people can truly realize the American Dream.
And she’s supporting Bernie Sanders for president of the United States.
The same Bernie Sanders who said this about Burak’s industry: “The reality is that for the past 40 years, Wall Street and the billionaire class has rigged the rules to redistribute wealth and income to the wealthiest and most powerful people of this country.”
She’s not the only one.
Sanders, unlike his Democratic rival Hillary Clinton or many of the Republican candidates, has received a relative pittance in campaign contributions from people in the securities and investment industry: just more than $55,000 in all of 2015, according to the Center for Responsive Politics.
And the vast majority of those financial professionals who have written checks to the Sanders campaign work in regional financial hubs across the country: in cities like Minneapolis, Pittsburgh or San Francisco.
But scattered through the list of Sanders donors are a very small number of people who work in the heart of New York’s financial center, with offices on Wall Street and Park Avenue in Manhattan. They include people who are employed at some of the industry’s biggest names:JPMorgan, Citigroup, Merrill Lynch and Morgan Stanley.
It should surprise no one that some rich, Wall St. elites are supporting Bernie. Everyone knows socialism makes the rich even richer and the poor even poorer.