Will Wall Street Take Anthony Scaramucci Back?
He's out of a White House job after only 10 days.
Anthony Scaramucci lasted 10 days as the White House director of communications and now people are wondering if he can make a comeback on Wall Street.
Scaramucci founded Skybridge Capital, but sold his stake in his hedge fund business in January. The deal is still under regulatory review and the fate of the deal, and Scaramucci’s future on Wall Street, is unclear.
In a piece on LinkedIn, Walden Siew, senior news editor at LinkedIn, wrote that Scaramucci has turned failure into success several times in his career. He built several successful businesses after getting fired from Goldman Sachs in 1991 — though he was rehired by the firm a month later. He failed the New York Bar exam twice after graduating from Harvard Law School.
Scaramucci was fired less than a week after an explosive interview with the New Yorker, in which he made a vulgar attack on his colleagues Reince Priebus, the former White House chief of staff who resigned Friday, and Steve Bannon, chief strategist.
In the interview, Scaramucci told reporter Ryan Lizza that Priebus was a “f–cking paranoid schizophrenic, a paranoiac.”
New press secretary Sarah Huckabee Sanders, who is also just 10 days into her role, said on Monday that Scaramucci resigned so Gen. John Kelly, the new White House chief of staff, can have a “clean slate.”
William D. Cohan, author of Why Wall Street Matters, thinks that Scaramucci can make a comeback and that he will be in demand for a little while.
However, Jeanne Hartig, principal at The Hartig Group communications agency, wrote in a post on LinkedIn that Scaramucci “embarrasses all of us who are professional communicators — and who work hard to present our clients and our companies in a way that doesn’t make the world cringe.”
Scaramucci is also in the middle of a divorce with his estranged wife, who gave birth to their son, James, last Monday.
This article was featured in the InsideHook newsletter. Sign up now.
Suggested for you