2016 Postmortem

portlander23

(2,078 posts) Wed Oct 14, 2015, 05:00 PM Oct 2015

CNN: Wall Street has made Hillary Clinton a millionaire

Wall Street has made Hillary Clinton a millionaire
CNN

As Clinton tries to talk tough about how she will stand up to America's biggest banks, her Democratic rivals are likely to remind voters just how cozy she's been with Wall Street.

Clinton made $3.15 million in 2013 alone from speaking to firms like Morgan Stanley, Goldman Sachs, Deutsche Bank and UBS, according to the list her campaign released of her speaking fees.

"Her closeness with big banks on Wall Street is sincere, it's heart-felt, long-established and well known," former Maryland Governor Martin O'Malley has said on the campaign trail.

While Clinton has given paid speeches to many groups, Wall Street banks and investment houses made up a third of her speech income.
She even made more money speaking to UBS and Goldman Sachs than her husband Bill did. Goldman Sachs in New York paid Bill $200,000 for a speech in June 2013 and Hillary $225,000 for a speech in October of that year.

Wall Street has been a top supporter of Clinton's career

As a former senator from New York, it is not surprising that Hillary Clinton would have a close connection to the financial world. But Wall Street continues to be a big contributor to her political career.

Tabulating campaign contributions for her entire senate political career shows that four of the top five her contributors are Wall Street banks (Citigroup, Goldman Sachs, JPMorgan and Morgan Stanley).
In contrast, Sander's career campaign contribution list is almost entirely made up of union groups.

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