Is that a bailout in your pocket?
There was an awkward moment of tension at the Milken Global Conference in Los Angeles, when a buysider on one panel asked a Wall Street banker whether he had pocketed taxpayers’ bailout cash.
The tit-for-tat began when several panelists at the “Outlook for M&A” session began griping about the U.S. government’s tax policy, which they said dissuades corporations from bringing overseas profits back home because of punitive taxes.
The panelists – including James Casey, co-head of global debt capital markets for JP Morgan, Anthony Armstrong, an investment banker at Credit Suisse, and Raymond McGuire, global head of corporate
What the influencers are saying
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Jon Lustig
Some GC fun from yesterday. RT @MacroScope Is that a bailout in your pocket? http://t.co/VhGHvGnP by @LaurenLaCapra
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MacroScope
Is that a bailout in your pocket? | MacroScope http://t.co/m4IHvCul by @LaurenLaCapra
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Heidi N. Moore
Hilarious! JP Morgan banker accused by debt investor of taking bailout money. Wall St. cannibalism. http://t.co/jWNG2mJo
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Francine McKenna
Ha RT @MattGoldstein26: RT @MacroScope: Is that a bailout in your pocket? | MacroScope http://t.co/8y4D7GCy by @LaurenLaCapra
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Pedro da Costa
Is that a bailout in your pocket? | MacroScope http://t.co/wbk5jTA5 by @LaurenLaCapra
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