After Rahm's legacy tour, he heads for Wall Street

The elite get all the breaks and are shown all the shortcuts. In the meantime, ordinary people are forced to pay full freight. -- Rahm Emanuel in The Atlantic

Rahm’s announcement of his new Wall Street gig comes on the heels of his phony legacy tour where he tried, with lots of media help, to rebrand his term in Chicago as a “progressive” era of good governance. It included this piece of centrist populism in the Atlantic where Rahm fakes a hit on "American elites" but actually goes after the growing "socialist" insurgency within the Democratic Party.

As many of us expected it would, the story ends with Mayor 1% laughing and flashing his middle finger at all of us as he boards his limo to the Wall Street investment firm Centerview Partners LLC, whose leaders are mainly Rahm cronies and campaign donors. They include Centerview founder Blair Effron, who contributed $61,500 to the former mayor’s campaign fund, former U.S. Treasury Secretary Robert Rubin, who has donated more than $70,000 to Emanuel’s campaign, and Robert Pruzan, another Centerview founder and Rahm pal for the past 20 years.

This so-called "boutique" investment firm Centerview (centrist Democrats -- get it?) is one of the most profitable on Wall Street. The company brags on its website that it has advised on nearly $3 trillion worth of transactions.

In 2014, Centerview served as an adviser to Time Warner on its proposed merger with Comcast that drew opposition from many who argued the deal would hurt consumers.

According to the Tribune, Emanuel penned an August 2014 letter to the FCC, encouraging regulators to support the deal, writing on city of Chicago letterhead that he believed the proposed merger would not “reduce choice, elevate prices or otherwise harm customers.”

Good riddance, we hope, to all that.