“Wall Street has fared extraordinarily well under Mr. Trump: deep cuts to taxes, slashed regulations and, until the pandemic hit, record stock prices. But in recent months, dozens of bankers, traders and investors said in interviews, a sense of outrage and exhaustion over Mr. Trump’s chaotic style of governance — accelerated by his poor coronavirus response — had markedly shifted the economic and political calculus in their industry” reports the New York Times.

“More and more finance professionals, they say, appear to be sidelining their concerns about Mr. Biden’s age — 77 — and his style. They are surprisingly unperturbed at the likelihood of his raising their taxes and stiffening oversight of their industry. In return, they welcome the more seasoned and methodical presidency they believe he could bring. They may not exactly be falling in love with Mr. Biden. But they are falling in line. ‘I’ve seen meaningful numbers of people put aside what would appear to be their short-term economic interest because they value being citizens in a democracy,’ said Seth Klarman, founder of the hedge fund Baupost. A longtime independent, Mr. Klarman was at one point New England’s biggest giver to the Republican Party. But in this cycle, he has given $3 million to groups supporting Mr. Biden. Or as James Attwood, a managing director at the Carlyle Group and a former investment banker at Goldman Sachs, put it, ‘For people who are in the business of hiring and firing C.E.O.s, Donald Trump should have been fired a while ago.’ (Mr. Attwood contributed $200,000 in June to the Biden Action Fund, a joint committee with the Democratic National Committee.)”