Establishment Republicans Desperate To Find Viable Contender

Top Republicans are desperately trying to find a replacement for Chris Christie, who was the leading choice of Wall Street and the moneyed right to take the GOP presidential nomination in 2016.

Christie was the early favorite. More than half a dozen billionaire investors, including hedge-fund managers Paul Singer and Daniel Loeb, had rallied around the New Jersey governor for years, with Home Depot Inc. co-founder Ken Langone urging him to run in the last White House race. Another, Stan Druckenmiller, called him “a once-in-a-generation leader” even after e-mails showed Christie aides arranged to close lanes to the George Washington Bridge for political revenge…

“The establishment is now looking for another favorite,” said Greg Valliere, chief political strategist for Washington-based Potomac Research Group, which analyzes policy for investors. “And by the establishment, I mean Wall Street.”

By: Alan

Alan Colmes is the publisher of Liberaland.