Back in February we reported of a striking development taking place at Renaissance, arguably the world’s most successful (and according to many, politically connected and powerful) hedge fund, where one of its key employees, David Magerman, “mutinied” against co-CEO Robert Mercer, the man who together with his daughter Rebekah have been instrumental in getting Trump elected, accusing him of engaging in actions that would harm the future of America.
Following Trump’s election Magerman – a research scientist who worked at the hedge fund for two decades and a registered Democrat who calls himself a centrist, and who had complained to colleagues about Mercer’s role as a prominent booster of Donald Trump’s presidential campaign – started to become more vocal at the office about his disdain for Mercer’s activities, which resulted in this awkward phone call with his boss, as reported by The Wall Street Journal
Magerman says he was in his home office in suburban Philadelphia earlier this month when the phone rang. His boss, hedge-fund billionaire Robert Mercer, was on the line.’I hear you’re going around saying I’m a white supremacist,’ Mr. Mercer said. ‘That’s ridiculous.’ ‘Those weren’t my exact words,’ Mr. Magerman said he told Mr. Mercer, stammering and then explaining his concerns about Mr. Trump’s policy positions, rhetoric and cabinet choices.
‘If what you’re doing is harming the country then you have to stop.’
This post was published at Zero Hedge on May 8, 2017.
Follow on Twitter
Recent Comments