Speed Reads

Blast from the past

Anthony Scaramucci and Obama went head-to-head over Wall Street on TV in 2010

Anthony Scaramucci, a former Wall Street hedge fund manager, continued his public debut as President Trump's White House communications director on Sunday's political talk shows. Along with threatening to fire his entire staff over leaks, saying Trump won't need to pardon himself, and contradicting White House Press Secretary Sarah Huckabee Sanders over Trump's stand on Russia sanctions ("My bad," he told The New York Times), Scaramucci apologized to Trump on-air for the less-than-flattering things he said about him as late as August 2015.

Before he had jumped on the Trump train — and started driving people to the dictionary to look up an Italian commedia dell'arte character featured in a famous Queen song — Scaramucci was also a donor to former President Barack Obama, giving his campaign $2,300 in May 2008, shortly before the big financial collapse. Scaramucci obviously changed his mind about Obama at some point, and it may have been around the time of this 2010 CNBC town hall meeting, where he asked Obama — whom he identified as a classmate at Harvard Law — about his administration's actions regarding Wall Street.

Things started out on a jocular note, and then Scaramucci got to the point. "The question I have, sir, and this is really — you know, a lot of my friends are thinking about," he said. "Listen, I represent the Wall Street community, we have felt like a piñata. Maybe you don't feel like you're whacking us with a stick, but we certainly feel like we've been whacked with a stick." Obama began with with some conciliatory talk about the importance of Wall Street, but he started hitting back after a minute or so. "I have been amused over the last couple of years, this sense of somehow me beating up on Wall Street," he said. "I think most people on Main Street feel they got beat up on." And Obama was just getting started. You can watch the entire exchange below. Peter Weber