allaboutadvocacy.com

Advocacy on Wall Street

  I was wondering what was taking so long. This week a group of brokers and traders started their own advocacy group to stick up for Wall Street. The nonpartisan group can be found at restorewallstreet.com. The CEO of John Thomas Financial, a fairly new investment house, is the head advocate of this rallying cry.  At this week’s first meeting, CEO Thomas Belesis said that he formed the group to counter “the repeating, relentless attacks on Wall Street.”  The tag line under Restore Wall Street on the web site is “putting the pride back into Wall Street.” This is a group to watch, just as the Tea-Baggers were months ago.  I think that Wall Streeters have had enough of the name-calling and are smartly adopting similar counter-insurgency tactics as their critics. Stay tuned.