But things are much more complex than this.
The major backer of President Trump during the presidential race was Robert Mercer.
Mercer is the billionaire co-CEO of the hedge fund Rentech (formerly Renaissance Technologies).
There is a major battle within Rentech between pro-Trump and anti-Trump forces.
Zero Hedge reports:
[F]or Renaissance partner and research scientist David Magerman, Mercer’s support for Trump’s anti-immigration policies and his associations with white-nationalist fellow travelers was too much to take."
A quick bit of background: Magerman makes millions each year, drives a Tesla and says he gives more than $10 million in charity annually. A research scientist, he is one of 100 partners at the firm, but he isn’t one of Renaissance’s most senior executives. Magerman, a 20-year Renaissance veteran who helped design the fund’s trading systems. He has concluded that every new piece of code he developed for Renaissance helped Mr. Mercer make more money and gave him greater ability to influence the country.
But this is only Act 1.
Another major anti-Trump player is at Rentech
Billionaire Jim Simons is RenTec's founder (in 2015 alone he made $1.7 billion). He donated some $10 million to Hillary Clinton's campaign.
Got the picture? One billionaire donating heavily to Trump, the other donating heavily to Hillary.
So we have a major league battle at Rentech between Trump forces and anti-Trump forces. Both sides clearly willing to spend big money to support their side. It is a 21st century version of the movie Trading Places that should be called Trading Presidents,
It should be noted that although Simons has retired from Rentech, he remains its non-executive chairman and adviser. His offices, however, are located in a separate location. He occupies most of 160 Fifth Avenue in New York City.
Which brings us back to Obama and a coup d'etat.
Obama was spotted outside Simons' offices in New York City at 160 Fifth Avenue late last week: