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Tue Apr 12, 2016, 09:51 PM

Fund Raiser For Hillary... Thoughts? [View all]

A fundraiser for any Presidential candidate that includes those who carry the ball when it comes to regulating Wall Street should give any reader pause... This is about the "revolving door" and how it fits into the architecture of one candidate's candidates Presidential Campaign.

Access for the few at the expense of the many...

Hillary Clinton Fundraiser Hosted by All-Star Cast of Financial Regulators Who Joined Wall Street

Shouldn't people go into politics to make life better for everybody -- not just the wealthy or one's friends?

Hillary Clinton Fundraiser Hosted by All-Star Cast of Financial Regulators Who Joined Wall Street

Zaid Jilani
The Intercept, Apr. 6 2016

AS HILLARY CLINTON questions rival Bernie Sanders over the depth of his financial reform ideas this week, a group of former government officials — once tasked with regulating Wall Street and now working in the financial industry or as Wall Street lobbyists — are participating in a fundraiser for her in the nation’s capital.

The invitation for the April 6 fundraiser, obtained by Sunlight Foundation’s Political Party Time, describes a “conversation” with the Clinton campaign’s chief financial officer, Gary Gensler, and Sens. Sherrod Brown, D-Ohio, and Carl Levin, D-Mich.

The host: Julie Chon, a former Senate Banking Committee staffer who today is a managing director at the New York hedge fund Perry Capital.

Finance chair Gensler is a former Goldman Sachs staffer who later joined the Obama administration as a financial regulator.

Several members of the organizing committee are now either advocating for corporate clients or advising them how to best work with and around the regulations they once enforced.


Organizer Dan M. Berkovitz was the general counsel of the Commodity Futures Trading Commission from 2009 to 2013. Today, he is a partner at WilmerHale LLP, which says his “clients, both domestic and international, include entities in ongoing U.S. Commodity Futures Trading Commission (CFTC) investigations, multi-national swap dealers, managed funds, a major U.S. manufacturer, and industry trade and advocacy associations.”

A Note: The source is immaterial... It is the content that counts! Given that this event actually took place and it did, then the source should not be used as an excuse to censor.


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