Wall Street panics over prospect of a socialist running New York City
1. Zohran Mamdani won NYC Democratic primary, surprising Wall Street investors. 2. Mamdani proposes tax increases and rent freezes impacting housing investments. 3. Concerns rise among financial executives about leaving NYC under Mamdani's leadership. 4. Corporate leaders plan to oppose Mamdani with significant funding. 5. Support for Mamdani from tech employees indicates a shift in donor demographics.