Scared of Sanders presidency, Wall Street Dems double down on moderates

Prominent Wall Street Democrats have been hatching strategies to ensure their presidential nominee will be a moderate, while also turning their attention to down-ticket candidates in congressional races as a "hedge" against that possibility, people involved with the efforts told Reuters. At the center of discussions among those bankers, hedge-fund managers, private-equity bigwigs and prominent investors is this: making sure Vermont Senator Bernie Sanders does not get the nomination. Instead, they are primarily supporting former Vice President Joe Biden.

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