2016 Postmortem
Related: About this forumSurprise! Hillary was a Wall Street donor darling before 9/11, too
In her 2000 U.S. Senate race, Clinton vacuumed in more than $1.1 million from the securities and investment industry, according to data compiled by the nonpartisan Center for Responsive Politics. That made her the third- largest recipient of Wall Street money of any member of Congress or congressional candidate running in that entire election cycle, which concluded 10 months before 9/11.
The securities and investment sector was Clintons third-largest source of campaign cash in the 2000 cycle, after lawyers and retirees. In fact, four of Clintons top 10 campaign donors during the election were employees from major Wall Street banks Citigroup ($105,650), Goldman Sachs ($89,920), JP Morgan ($53,750) and UBS ($53,750). On top of that, employees of Credit Suisse gave her $47,500 and employees of Bear Stearns gave her $39,400. According to CRP data, Clinton in 2000 was, out of all U.S. Senate candidates that year, the No. 2 recipient of campaign cash from employees of hedge funds, the third-largest from employees of private equity firms, the fourth-largest from employees of commercial banks and the sixth-largest from employees of mortgage bankers and brokers.
In the months between Clintons election and the 9/11 attacks, her family benefited from big speaking fees from major Wall Street banks. According to federal financial disclosure forms, Bill Clinton was paid $125,000 by Morgan Stanley Dean Witter in February 2001 just weeks after leaving the White House and was paid another $125,000 by Credit Suisse First Boston later that same month.
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There are two reasons that Wall Street gives so heavily to Hillary. One, like everyone else on that side of the aisle, they are expecting the Clinton Restoration and want their chits to count when it arrives. Two, the rest of the Democratic Party has fallen sick with class-warfare fever, and theyve got nowhere else to go. Rather than use that to go on offense and haul Democrats back to the center, Hillary invents herself as the savior of post-9/11 Wall Street.
Integrity.
http://hotair.com/archives/2015/11/16/surprise-hillary-was-a-wall-street-donor-darling-before-911-too/
Hepburn
(21,054 posts)Guess she was rebuilding Wall Street before it was attacked.
Dem2
(8,168 posts)I clicked to verify that hotair is a right-wing nut job site.
bahrbearian
(13,466 posts)here's Philip Bump's write up in the Washington Post...
Hillary Clinton's response during the second Democratic debate to questions about the financial support she's seen from Wall Street was, at best, clumsy.
"I represented New York," she said, "and I represented New York on 9/11 when we were attacked. Where were we attacked? We were attacked in downtown Manhattan, where Wall Street is. I did spend a whole lot of time and effort helping them rebuild. That was good for New York. It was good for the economy, and it was a way to rebuke the terrorists who had attacked our country."
The implication of the response? Wall Street appreciated her work after 9/11, and it has supported her as a result.
There's just one catch: Clinton represented New York during that period because she won election in 2000. And even then, before 9/11, she got a lot of money from Wall Street.
https://www.washingtonpost.com/news/the-fix/wp/2015/11/16/wall-street-loved-hillary-clinton-before-911-too/
Segami
(14,923 posts)before she was against them........Now,...CUT IT OUT!
Jester Messiah
(4,711 posts)hedgehog
(36,286 posts)UglyGreed
(7,661 posts)rec it myself in your honor
MaggieD
(7,393 posts)Bernie could come up with something when asked what she did in return for the money. Odd that he can't, don't you think?
UglyGreed
(7,661 posts)because I fear being labeled a GOP sexist and possibly have another post hidden if I defend myself
reformist2
(9,841 posts)She knew selling herself to Wall Street would provide a endless fountain of $$$ for her presidential ambitions...
UglyGreed
(7,661 posts)and I bet the others do also but are in denial.
UglyGreed
(7,661 posts)Matthew28
(1,798 posts)as he isn't nearly as owned by wall street and the mega rich as Hillary. The only reason to vote clinton is she isn't as insane as the republicans!
NCTraveler
(30,481 posts)bigwillq
(72,790 posts)Shocked. How can this be true?