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UglyGreed

(7,661 posts)
Mon Nov 16, 2015, 10:54 AM Nov 2015

Surprise! 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 Clinton’s third-largest source of campaign cash in the 2000 cycle, after lawyers and retirees. In fact, four of Clinton’s 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 Clinton’s 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.

{snip}

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 they’ve 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/

18 replies = new reply since forum marked as read
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Surprise! Hillary was a Wall Street donor darling before 9/11, too (Original Post) UglyGreed Nov 2015 OP
KNR Hepburn Nov 2015 #1
Now I have to incinerate my computer Dem2 Nov 2015 #2
Don't worry I'll give it a K&R for ya,,you know Truth is your friend. bahrbearian Nov 2015 #3
So sorry UglyGreed Nov 2015 #7
Oh oh,..she was for Wall Street.. Segami Nov 2015 #4
LOL UglyGreed Nov 2015 #8
Still waiting for the surprise... [nt] Jester Messiah Nov 2015 #5
Sorry i can't recommend more than once! hedgehog Nov 2015 #6
Maybe I should UglyGreed Nov 2015 #9
Well then you'd think by now.... MaggieD Nov 2015 #10
I will not reply UglyGreed Nov 2015 #11
When she went carpetbagging for a senate seat, Hillary chose shrewdly. reformist2 Nov 2015 #12
You and I know it UglyGreed Nov 2015 #13
K &R azmom Nov 2015 #14
K UglyGreed Nov 2015 #15
I am rooting for bernie Matthew28 Nov 2015 #16
For one its in the state she was running in. NCTraveler Nov 2015 #17
Stunned. bigwillq Nov 2015 #18

UglyGreed

(7,661 posts)
7. So sorry
Mon Nov 16, 2015, 01:42 PM
Nov 2015

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/

 

MaggieD

(7,393 posts)
10. Well then you'd think by now....
Mon Nov 16, 2015, 07:22 PM
Nov 2015

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)
11. I will not reply
Mon Nov 16, 2015, 07:24 PM
Nov 2015

because I fear being labeled a GOP sexist and possibly have another post hidden if I defend myself

reformist2

(9,841 posts)
12. When she went carpetbagging for a senate seat, Hillary chose shrewdly.
Mon Nov 16, 2015, 07:29 PM
Nov 2015

She knew selling herself to Wall Street would provide a endless fountain of $$$ for her presidential ambitions...

Matthew28

(1,798 posts)
16. I am rooting for bernie
Fri Nov 20, 2015, 09:58 PM
Nov 2015

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!

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