Matt Levine, Columnist

Cabinet Jobs and Fake News

Also quants, Warren Buffett, boutiques, duration and unicorns.

November 15, 2016 at 2:36 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Appointments.

Donald Trump's closing argument in this presidential campaign was a two-minute advertisement blaming America's problems on a conspiracy of global financiers like George Soros and Goldman's Lloyd Blankfein, so it seems fitting that the two leading candidates to be his Treasury Secretary are Steven Mnuchin and Wilbur Ross. Mnuchin is a former Goldman Sachs Group Inc. partner, used to work with Soros, and is in Skull and Bones. Ross was literally the president of a secret Wall Street fraternity that holds black-tie dinners where they perform in drag and make fun of the less fortunate. If you voted for Trump to kick the Illuminati out of Washington, this must be a disappointment. Sadly, Jamie Dimon didn't want the job, though he "would be available to offer help and advice to the new administration."