Wall Street spent heavily to take down Alexandria Ocasio-Cortez. It was a bad investment.
Wall Street moguls succeed by making winning bets. But a who’s who of finance heavyweights saw their records dented Tuesday night as Rep. Alexandria Ocasio-Cortez dominated the in-person voting over their preferred candidate in the Democratic primary for New York's 14th congressional district.
Michelle Caruso-Cabrera, a former CNBC anchor and onetime registered Republican, was always a long shot against Ocasio-Cortez. After pulling in 18.7 percent of the in-person vote, while Ocasio-Cortez won 69.6 percent of it, the Associated Press and the New York Times called the race for the incumbent, who declared victory.
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http://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2020/06/24/the-finance-202-wall-street-spent-heavily-to-take-down-alexandria-ocasio-cortez-it-was-a-bad-investment/5ef286b0602ff12947e934bc/?utm_campaign=wp_the_finance_202&utm_medium=email&utm_source=newsletter&wpisrc=nl_finance202
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