Society's Child
Fundraisers and donors told CNBC they are pausing and reevaluating their support of Cuomo, who has said he will be seeking a fourth term when he's up for reelection next year.
"No one is giving to him now. Everything is on hold," one finance executive told the outlet.
The powerful Democrat's campaign has raised more than $4 million since July, and started 2021 with a war chest of $16 million.
But several Wall Street executives close to Cuomo donors and bundlers told the network that efforts to raise funds have either halted or are being rethought amid the allegations.
"They're in a wait-and-see mode, meaning not writing a check now but also not willing to completely cut him off yet," one person told the outlet.
"If this blows over, they don't want to have gotten on the wrong side of the governor," the source added.
New York businessman Bernard Schwartz, who has given $70,000 to Cuomo's campaign since 2019, said the governor may not deserve another term.
"Unless he comes forward and faces it completely and openly and honestly, he doesn't deserve a fourth term, even though I like him immensely," Schwartz told CNBC.
"I think people who like him and have been with him for a long time are scratching their heads asking, how did he put himself in that position," he added.
But billionaire business mogul John Catsimatidis, who gave $10,000 to Cuomo's campaign in 2018, told The Post he isn't bailing on the gov just yet.
"Cuomo has explaining to do but we should give him a chance to prove his innocence," Catsimatidis said.
"The people I talk to [say] there is a higher chance of Cuomo surviving this than not."
Still, the Cuomo campaign likely won't be asking for donations until the dust settles, said Kathry Wylde, CEO of the Partnership for New York City, which reps many of the Big Apple's donor-rich financial services firms and business moguls.
"I doubt contributors have had an opportunity to digest the situation," Wylde told The Post.
"But it would be surprising if the governor is soliciting campaign donations until the investigation of the sexual harassment accusations is completed."
Meanwhile, corporations who backed Cuomo in 2018 — including AT&T, Comcast, Citigroup, JP Morgan and Bank of America — likely won't push back on him right away, insiders said.
"Many of these corporations are located in New York and have interests in New York and they will likely stand with the governor because it's in their interests to do so," Democratic political strategist Hank Sheinkopf told CNBC.
Reader Comments
Israel Introduces “Freedom Bracelet” to Track People (Next Stop: 666 Implant!)R.C.
Prince Salman is like Andrew Cuomo – a haughty moron who thinks he’s better than everyone and goes around acting like it. The difference is, there are a lot of people who can fill the role that Cuomo is playing, so he’s getting thrown under the bus. There is no one else who can play the role that Salman is playing, so the elite just have to deal with him.
That’s one of the big problems with this whole thing – it is really difficult to get the human resources, because the kinds of people that are passionate about this system are not particularly high quality, and the high quality people who go along with it are not particularly passionate. The kind of intelligent and moral (“aristocratic”) people who would be running a normal society are now shooting fentanyl or playing video games, because if you are both intelligent and morally driven (and the two are usually linked, though not in every case) there isn’t any place for you in this society. This means the ruling class has to deal with these weird psychopathic morons.
The plan was to have Prince Salman be the face of the coming together of Jews and Moslems, after Bibi Netanyahu is replaced with some young, handsome (as far as Jews go) Labor leader. Right now, Salman is so burned, they might try to switch him out, maybe find some princess somewhere; it’s a difficult balance, because Moslems are one group that still has a tendency to go apeshit.
(Thus far, the plan to seduce Moslems with Western culture is going well, however. No one in Saudi Arabia is rioting, even though they’re having rap music concerts with alcohol and drugs and mixed sexes. The internet is free in all the Gulf countries, meaning the women are already all groomed as feminists just waiting to throw off the burka and join the global gang-bang. ) ...
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I've gotta say I'm no fan of any religion that
RC