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2016 Postmortem
Related: About this forumWho Impugns Hillary’s Integrity?
Campaign for America's Future
Robert Borosage
Who Impugns Hillarys Integrity?
Hillary has sought to appeal to the populist temper of the times in both rhetoric and program ... But she remains Wall Streets favorite Democrat despite her new-born populist postures ... Camden Fine, head of the Independent Community Bankers of America ... discounted Clintons populist rhetoric: 'She gonna all of a sudden become Mrs. Wall Street if shes elected. So its all Bernie theatrics right now. Shes a Clinton, for Gods sake. What do you expect?' ... it isnt Sanders or OMalley who impugn her integrity; it is her Wall Street donors themselves.
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Who Impugns Hillary’s Integrity? (Original Post)
Panich52
Nov 2015
OP
OMG! THIS is exactly what needs to be said, out loud. Great find! So true. -nt-
99th_Monkey
Nov 2015
#1
99th_Monkey
(19,326 posts)1. OMG! THIS is exactly what needs to be said, out loud. Great find! So true. -nt-
Jarqui
(10,126 posts)2. Even the bankers think she's lyin' !! :
https://ourfuture.org/20151123/who-impugns-hillarys-integrity?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak
That set off a social media furor about how bizarre it was to evoke 9/11 as an excuse for taking big bucks from the big banks. As many have pointed out, the excuse simply wont hold. Wall Street donors blessed Hillary and Bill with big bucks long before 9/11 and long after and they got value for their investments.
Bill Clinton made former Goldman Sachs head Robert Rubin head of his economic council and then Treasury Secretary, and joined Rubin in driving banking deregulation repeal of Glass-Steagall, prohibitions on regulating derivatives and more. Wall Street invested heavily in Hillarys Senate race. And as senator, Hillary defended their interests, including a vote for the deplorable Bankruptcy Reform Act that favored the banks credit card operations over consumers. Wall Street has proved a leading donor to the Clinton Foundation and helped to build the Clintons personal fortunes. In 2013 alone, Hillary made over $3 million personally from giving speeches to various Wall Street forums. Wall Street banks and investment houses made up a third of her total speech income, while providing some $17 million in campaign contributions over the years.
....
William D. Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World, interviewed dozens of Wall Streets leaders on their reaction to Clintons newfound populism:
Down on Wall Street they dont believe it for a minute. While the finance industry does genuinely hate Warren, the big bankers love Clinton, and by and large they badly want her to be president. Many of the rich and powerful in the financial industryamong them, Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Tom Nides, a powerful vice chairman at Morgan Stanley, and the heads of JPMorganChase and Bank of Americaconsider Clinton a pragmatic problem-solver not prone to populist rhetoric. To them, shes someone who gets the idea that we all benefit if Wall Street and American business thrive. What about her forays into fiery rhetoric? They dismiss it quickly as political maneuvers. None of them think she really means her populism. (emphasis added)