Curious to hear thoughts from fellow monkeys on how Kasich's IB experience at Lehman Brothers affects his candidacy.
From what I've found online, Kasich spent several years as an MD in Lehman's Ohio office. Not sure exactly in what capacity, but I'm guessing advisory related (big assumption).
Obviously addressing a biased group here, but I think it's a positive (felt similarly about Romney's experience at Bain). I'm looking at it from the prospective of skills acquired on the job and exposure to high stakes decision making.
Certainly better experience than a community organizer. Didn't know Lehman had an Ohio office though lol
It was probably just him in a home office in Ohio.
Columbus has a ton of healthcare so perhaps he covered that sector.
It shouldn't impact his candidacy as well. Jeb Bush worked at Barclays as late as December 2014.
Antonio Weiss, former Lazard banker, was nominated by Obama for treasury secretary last year. Elizabeth Warren blocked his confirmation in the senate because he was a banker.
Any candidate with any ties to Wall Street will come under attack from progressives in the general election.
Let me be more clear....I meant it shouldn't in that there is no legit reason for it to impact his candidacy. Whether or not people with agendas will use it against him is a different story. Elizabeth Warren also is pretty far different than the general voting public, Democrats included.
"Following a well-trodden path between Washington politics and New York high finance, John Kasich, the former chairman of the House Budget Committee, has taken a job with Lehman Brothers Holdings, the company said yesterday.
Mr. Kasich, a Republican from Ohio first elected to the House in 1983, will be a managing director of the investment banking group. His responsibilities will span a range of industries on which Lehman focuses its investment banking efforts, including health care, power and utilities, financial institutions, consumer products, technology and manufacturing, the company said."
http://www.nytimes.com/2001/01/11/business/lehman-hires-kasich.html
Dolor id quod dolorum doloremque qui harum veniam. Suscipit eum odio atque aut. Sapiente cum voluptatem velit saepe enim iure ratione. Dolorem repudiandae qui accusantium tenetur. Assumenda animi earum eveniet et quia omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...