2016 Postmortem
Related: About this forumWall Street isn't worried about Hillary Clinton's plan
Hillary Clinton unveiled her big plan to curb the worst of Wall Street's excesses on Thursday. The reaction from the banking community was a shrug, if not relief.
While Clinton proposes some harsher regulations, she stops far short of what more populist Democrats like Bernie Sanders and Elizabeth Warren want to do to Wall Street.
Sanders and Warren think the big banks should be broken up. Clinton does not. It's a big divide in the Democratic party.
"We continue to believe Clinton would be one of the better candidates for financial firms," wrote Jaret Seiberg of Guggenheim Partners in a note to clients analyzing her plan.
Clinton's big push is for more accountability on Wall Street. But she does that by proposing a tweak to what is currently in place, not a major overhaul like Sanders.
http://money.cnn.com/2015/10/08/investing/hillary-clinton-wall-street-plan/
virtualobserver
(8,760 posts)MrMickeysMom
(20,453 posts)They are counting on her. She's tied to Wall Street at the hip.
WHERE ARE THE TRANSCRIPTS OF HER SPEECHES TO HER FAVORITE BIG BANKS?
While we're at it... Tell Hillary to give back the $335,000 she received from Monsanto's top GMO lobby group!
UglyGreed
(7,661 posts)so to coordinate a simultaneous release of all the transcripts. I'm sure it will happen any day now.
TDale313
(7,820 posts)And won't actually do any of this stuff.