What a Coinkydink, Part Infinity

Grifters Gotta Grift

Sen. Kelly Loeffler and supporter KKK enthusiast Chester Doles

What are the odds?

“On Oct. 9, billionaire Ken Griffin, the head of amultinational financial services company, gave $2 million to a super PAC called Georgia United Victory (GUV), which had originally been launched by allies of Georgia Gov. Brian Kemp but at the time exclusively supported Sen. Kelly Loeffler’s election campaign…

“…Griffin’s donation to GUV on Oct. 9 also came one day after the Wall Street Journal reported that one of his companies, Citadel Securities — a separate entity from the Citadel hedge fund, which Griffin also runs — had reached an initial agreement to buy one of its competitors, a company called IMC, for a price “in the tens of millions of dollars.”

“…But before that could happen, management at the world’s most famous stock exchange — a central institution in American capitalism since its founding in 1792 — had to approve the deal. That followed in due course, and according to a Citadel Securities press release, the acquisition of IMC was finalized on Nov. 18.

“As it happens, Kelly Loeffler’s husband, Jeffrey Sprecher, is chairman of the New York Stock Exchange — as well as founder and CEO of Intercontinental Exchange (ICE), the company that has owned the exchange since acquiring it in a $10.9 billion deal in 2013. Loeffler herself sits on a Senate committee that oversees Wall Street and the financial markets.”

Nothing to see here, move along.

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7 Responses to What a Coinkydink, Part Infinity

  1. spotthedog says:

    I believe there’s an expression for that scenario; circle-jerk, maybe?

    Liked by 1 person

  2. Pingback: Something’s Rotten In Georgia | personnelente

  3. Abu Scooter says:

    Ken Griffin might not be as well know as the Kochs or the Mercers, but he’s every bit as dangerous. For years, my fellow Illinoisans and I have watched meddled in state politics, funding Republican causes up and down. Up until now, he’s mostly failed, but in 2020, his money not only killed any hope of a progressive tax in Illinois, but also cost a Democratic state supreme-court justice his seat.

    While I’m here, please mark this comment as testament to the importance of progressive talk radio. But for the continued existence of WCPT in Chicago, there’s a good chance I would have never heard of Ken Griffin. Which, I suspect, is how he would rather have liked it.

    Like

  4. Ten Bears says:

    Look like zombies, but I don’t watch much tv.

    Like

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