Team Warren to Cooperman: You go, Leon
The Finance 202: Elizabeth Warren stands to benefit from Leon Cooperman's expletive-laced attacks
With critics like these, does Elizabeth Warren need friends?
Hedge fund billionaire Leon Cooperman ripped the Massachusetts senator and 2020 Democratic presidential contender again after she featured him in an ad launching this morning on CNBC promoting her proposed wealth tax.
Coopermans expletive-laced broadside served as more free PR for Warren, who, as weve noted here, is relishing the rise shes getting out of the ultrarich.
... The campaign is now selling this mug from its webstore, which notes Cooperman teared up on CNBC discussing his fears of a Warren presidency:
Warrens Nevada director said Coopermans criticisms are helping the campaign recruit volunteers:
...The spot also calls out former TD Ameritrade CEO Joe Ricketts, former Goldman Sachs CEO Lloyd Blankfein, and tech investor Peter Thiel. One detail that caught Coopermans attention: The spot notes he was charged with insider trading. Cooperman told CNBC he won the case. In fact, he and his firm, Omega Advisers, agreed to settle with the Securities and Exchange Commission, paying nearly $5 million in penalties and forfeited profits, without admitting wrongdoing. The agreement with the SEC, struck in 2017, requires the firm to keep an outside consultant to monitor its trades until 2022.
Cooperman is poised to pour still more gasoline into the conflagration by going back on CNBC this afternoon...
https://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2019/11/14/the-finance-202-elizabeth-warren-stands-to-benefit-from-leon-cooperman-s-expletive-laced-attacks/5dcc90cd602ff1184c3164a3/