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Wall Street financiers, who suffer from panic, are racing to gathering behind a candidate “anyone but Mamdani” for the mayor of New York City after the 33 -year -old Socialist Socialist obtained a democratic nomination on Tuesday.
Within hours of the basic result, Hedge box Investors, Wellkron summoned private stocks, corporate lawyers, and investment bankers each other to find the best way to support the midfield competitor before November vote, according to the people participating in the discussions.
The financiers play whether Andrew Como, the former New York governor who lost to Mamdani but he can still run as an independent, or Eric Adams, the current mayor, will be the best support candidate. Adams, who had a federal indictment refused by the administration of President Donald Trump earlier this year, independently.
Some at Wall Street will also try to persuade Republican candidate Cortis Slioa, founder of the Guardian angels, to drop out of the race given what they believe is his low chance of democratic or independent strike.
“The response to the business community depends on Mamdani to clarify his positions on Israel and taxes and support for the business community,” said Catherine Wilde, who leads a partnership for New York City, a group of defenders of the city’s institutional elite.

She added that an official response from New York The titles of the preliminary result will come after “dust settles”.
Everyone who rules the democratic introductory elections is the preferred candidate to win the general elections in November.
I persuaded that the Mamdani administration will enhance the high tax rates in New York and force the wealthy to move away from the city, the business community donated more than $ 30 million to support Komo in the democratic preliminary elections.
In the wake of the loss of the former ruler, there was a feeling among the financiers in New York that Mamdani momentum should be quickly canceled. Since his victory was announced, they were busy drawing plans to spend tens of millions in dollars to finance a new media raid and a city level at the city level to confront the young candidate’s campaign to vote November.

Mamdani called for a company in New York’s tax rate to 11.5 percent of 7.25 percent and adding additional fees by 2 percent of income tax for individuals who earn more than a million dollars.
His campaign is estimated that this will raise about $ 10 billion to pay for the pledges, including free bus service and comprehensive children’s sponsorship – although any such increases require the approval of the state’s legislative council.
“Between (Komo and Adams), either he is better than Mamdani,” said the leader of a New York Bank, although many others hope that only one of them would run so that they do not achieve each other’s voices.
Others said that unless the moderate candidate becomes a mayor, many of the wealthy New York residents will escape, which leads to the erosion of the taxpayer base.
Another banker said, referring to the CEO of JPMorgan: “If the tax base is eroded, Jimmy Damon begins to transfer people to Texas, and Citadel continues to move to Florida – and this is the direction we head to.”

A small group of billionaire hedge fund managers, including Bill Akman and Dan Lob, were especially honest about their opposition to Mamdani.
In the participants in X on Tuesday and Wednesday, the two theories on how to defeat it in the November elections. “Many municipalities in New York City ran (and won) outside the traditional lines of the two parties.”
However, one of the banking managers of the investment in Wall Street refused fears that companies would escape if Mamdani won in November.
The CEO said: “It seems that the city flourishes for people who have money. My sense is that these elections indicate a violent reaction against the old, the facility and the wealthy, and perhaps against Trump, because it is its all these people.”
The victory of Mamdani’s campaign against the preferences of the elite of the city was a favorite topic at his electoral night party in Queens, and that his rejoined supporters are certain that they are able to overcome better funded opponents.
“The billionaires watch this moment,” said Nidia Villazkuiz, a member of the Congress in New York, in a speech at a Mamdani event. “They will spend everything they must stop Zohran. Why? Because they know this campaign threatens to work as usual, and they are afraid.”
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