A lobbying firm has prepared a memo offering advice to its Wall Street clients to help them manage any political fallout from Occupy Wall Street, warning that Republicans may turn on big banks, at least in public, altering the political ground for years to come. It is one of the first clear signs that the movement may be starting to trouble the moneyed elite.
The memo, first reported by MSNBC's Chris Hayes, host of the show "Up with Chris Hayes," was written by the firm Clark, Lytle, Geduldig, Cranford and addressed to one of its Wall Street clients. It runs four pages long and is set to be sent on Thanksgiving.
The first two graphs of the memo, provided by MSNBC to The Huffington Post, express angst over the idea that the movement could mean "more than just short-term discomfort for Wall Street firms" and has "the potential to have very long-lasting political, policy and financial impacts on the companies in the center of the bullseye."
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Thursday, Dec 26th
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