Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Divernan

(15,480 posts)
30. Barney Frank sells out to Big Banking; bucks for Clinton cabinet appointment.
Sat Sep 12, 2015, 12:22 PM
Sep 2015

Barney Frank joined one of the nation's largest bank's board of directors June 17, 2015.

Signature is a $29 billion bank that primarily works with privately-owned businesses. The 14-year old bank has been growing rapidly and performing well at a time when other banks have struggled. Last quarter it posted its 22nd consecutive quarter of record earnings.

http://blogs.wsj.com/moneybeat/2015/06/17/barney-frank-yes-that-barney-frank-joins-a-bank-board/
The following month (July 22, 2015) he published an article denying Hillary's ties to Wall Street, touting her as a progressive, and attacking Sanders for daring to challenge HRC in the primary. http://www.politico.com/magazine/story/2015/07/why-progressives-shouldnt-support-bernie-120484#.VbhB0NLD-RR

As a new member of the Board of Signature Bank New York, Frank received a signing bonus, so to speak, of 1,913 shares of common stock, currently worth $262,406. But the best is yet to come! As per documents filed as required by law with the SEC, and incorporated by reference to SBNY's 2015 shareholders' meeting report, in 2014 every member of the bank's board received $319,900 in stock options and additional annual compensation for attending board meetings and sub-committee meetings ranging from $46,750 to $63,416.67.
https://materials.proxyvote.com/Approved/82669G/20150224/NPS_236192/#/1/

$350,000 a year sure beats a one-time payment of 30 pieces of silver. If you're going to sell out progressives, Go Big! Pretty sweet deal, Barney! But a lot of Frank's future financial security hinges on HRC winning the primary & the general, & him nailing that cabinet position, so we expect him to keep attacking Bernie Sanders.
Author of this piece is employed by center-right, "Bibles, Badges, Business" group Divernan Sep 2015 #1
Hillary really doesn't want us to look too closely at her religious ties jfern Sep 2015 #2
A fascinating yet alarming account of HRC's religious commitments. Divernan Sep 2015 #3
Even the author of the book 'progressives' cite says that charge is bullshit. Wanna look closer? wyldwolf Sep 2015 #15
NOT UNIQUE TO HRC!!! Also in 2008, Courted by DNC/Obama...See if these names pop up in the future... Gloria Sep 2015 #100
She doesn't get a pass just because other people were wrong on it, too. Warren DeMontague Sep 2015 #104
I didn't ask for "a pass" Gloria Sep 2015 #105
Yeah, and 10 years ago the beltway waterheads were demanding our party court "values voters" Warren DeMontague Sep 2015 #106
More proof that the "conventional wisdom" her advisors are giving her is at least 10 years out of Warren DeMontague Sep 2015 #4
Contrary to the desired effect, aidbo Sep 2015 #32
Wtf? beam me up scottie Sep 2015 #5
Right - "Hillary was opposed to marriage equality until 2013 because of her beliefs." tecelote Sep 2015 #8
That concern is shared by many Betty Karlson Sep 2015 #10
She always does. beam me up scottie Sep 2015 #50
See above post NOT UNIQUE... Gloria Sep 2015 #101
and 2... malokvale77 Sep 2015 #6
She even has Gawd's endorsement! Ino Sep 2015 #7
THose are excelent responses. salib Sep 2015 #9
Didn't want her in '08, don't want her now. Hillary...don't go away mad, just go away! AzDar Sep 2015 #11
K&R! n/t RKP5637 Sep 2015 #80
I'm a Bernie supporter so I really don't want her to stop what she is doing, but... A Simple Game Sep 2015 #12
LOL. MLK was pretty religious too. SonderWoman Sep 2015 #20
Correct me if I'm wrong but MLK isn't running for, hasn't run for, or ever will run for President. A Simple Game Sep 2015 #25
MLK was also focused on economic inequality noiretextatique Sep 2015 #109
MLK walked the walk Hydra Sep 2015 #111
yeah those bastard Reverends dsc Sep 2015 #13
Have you missed it? Those preachers are long gone. jwirr Sep 2015 #61
apparently you haven't been outside of a lily white bubble dsc Sep 2015 #92
I was not referring to the black church. I was referring jwirr Sep 2015 #94
black churches are churches too dsc Sep 2015 #95
Yeah well maybe you are missing the point. On racial jwirr Sep 2015 #97
really Hillary's DC methodist congregation causes racial problems dsc Sep 2015 #98
Whatever it takes to get that bully pulpit. n/t mhatrw Sep 2015 #14
The progressives have to realize any nominee Wither it's Hillary or Sanders bigdarryl Sep 2015 #16
that's just it. They DON'T realize that. wyldwolf Sep 2015 #18
Such sarcasm! Avalux Sep 2015 #36
On the contrary young voters are always considered wyldwolf Sep 2015 #37
Ok you're right. I am a stupid idiot. n/t Avalux Sep 2015 #38
But there is a secret, silent 63% that Sanders is appealing to and Clinton is not n/t eridani Sep 2015 #86
No, we'll need independents, too LondonReign2 Sep 2015 #22
Actually it's Hillary that needs to realize that Doctor_J Sep 2015 #42
Guess how many in the African-American and Hispanic communities are religious? wyldwolf Sep 2015 #17
Bernie would rather speak at Liberty University. SonderWoman Sep 2015 #21
At least Sanders has the guts to davidpdx Sep 2015 #90
We latinos may be religious but we also azmom Sep 2015 #27
Since Hillary has a very healthy lead with latinos... wyldwolf Sep 2015 #28
LOL. She has a lead now, but it won't be azmom Sep 2015 #29
So Latinos aren't as quick as white progressives? wyldwolf Sep 2015 #34
WTF I would never think such a azmom Sep 2015 #40
Explain her popularity with them wyldwolf Sep 2015 #41
You really don't get it, do you? azmom Sep 2015 #46
Yet he lags way behind with Latinos and African-Americans wyldwolf Sep 2015 #47
It's because as a whole, we are more conservative. N/T azmom Sep 2015 #56
And the hillarians are always claiming they don't insult bernistas Doctor_J Sep 2015 #43
Yet you offer no explanation. Tell us wyldwolf Sep 2015 #44
As a heads up, this was alerted on. Verdict: leave 4-3 Action_Patrol Sep 2015 #60
Thanks wyldwolf Sep 2015 #63
As it should be davidpdx Sep 2015 #89
Barney Frank sells out to Big Banking; bucks for Clinton cabinet appointment. Divernan Sep 2015 #30
And certainly nails it when he described Sanders wyldwolf Sep 2015 #35
How about the Buddhist, Islamic, and Wiccan communities? Tierra_y_Libertad Sep 2015 #55
She is going back to her church she went to in Washington yeoman6987 Sep 2015 #59
You said upthread this whole thing is bs Warren DeMontague Sep 2015 #70
No I didn't wyldwolf Sep 2015 #71
conventional wisdom beltway brahmins agree, no one will win the election Warren DeMontague Sep 2015 #72
where did I say that? wyldwolf Sep 2015 #74
I'm saying it, and it was fucking bullshit 11 years ago, it's even more so now. Warren DeMontague Sep 2015 #75
you just said I said something upthread. Then posted something I didn't say wyldwolf Sep 2015 #76
Care to address my point? Warren DeMontague Sep 2015 #77
What I said was BS upthread was... wyldwolf Sep 2015 #78
Yep. I have no idea what I'm talking about, unlike the "experts" running her campaign. Warren DeMontague Sep 2015 #81
no, you don't. Glad we agree on that. wyldwolf Sep 2015 #82
You got a gig writin' her jokes, yet? You should. Warren DeMontague Sep 2015 #85
Amazing how many times you can reply without even approaching the subject wyldwolf Sep 2015 #91
the 'subject'... in your posts? There's you trying to make lame insults and stoner jokes, Jack. Warren DeMontague Sep 2015 #103
Oh great play....I'm sure you're also in favor of the injection of religion into politics by the GOP Armstead Sep 2015 #83
Most of us don't attend religious services. JRLeft Sep 2015 #113
Still staggering around for an image Android3.14 Sep 2015 #19
I was actually quite impressed when, at a campaign stop, she happened upon a man Doctor_J Sep 2015 #23
Bible quoting by politicians makes me crazy. Avalux Sep 2015 #33
Quoting verses and supporting TPP and war do square jwirr Sep 2015 #62
Perhaps she can try faking a preacher's cadence, like she tried faking a southern accent. LondonReign2 Sep 2015 #24
yeah qazplm Sep 2015 #26
Accidentally talking like where you live is one thing MoveIt Sep 2015 #45
Is she really so desperate she's borrowing from the GOP? Avalux Sep 2015 #31
Talk About A Hail Mary!!! Motown_Johnny Sep 2015 #39
Not my faith, not my values. nt Hatchling Sep 2015 #48
^^^ THIS ^^^ beam me up scottie Sep 2015 #49
Hi! Hatchling Sep 2015 #51
Hey you! beam me up scottie Sep 2015 #52
Yup. Hatchling Sep 2015 #54
Argh. My sympathies. beam me up scottie Sep 2015 #57
Thanks. nt Hatchling Sep 2015 #58
Will she be attending Hindu, Buddhist, Islamic, Wiccan services as well? Tierra_y_Libertad Sep 2015 #53
If you read between the lines of her 10 Billion dollar sop to the drug war, it includes Warren DeMontague Sep 2015 #64
Golly, perfect vehicle for Clinton Family Foundation to be a middle man & skim off the top. Divernan Sep 2015 #68
we're supposed to ignore her ties to "The Family" like we're supposed to ignore the private prison Warren DeMontague Sep 2015 #69
I just realized that the use of "faith" as equivalent to "religion" is kind of exclusive. David__77 Sep 2015 #65
Non-Catholic white Democrats don't "get" religion and politics Recursion Sep 2015 #66
I 'get' Dominionism. And I don't want any politician who has claimed David Coe as a spiritual Erich Bloodaxe BSN Sep 2015 #79
As opposed to the Catholic white Republicans in Opus Dei? Divernan Sep 2015 #87
Nope (nt) Recursion Sep 2015 #88
Could not agree more. I still identify as catholic, but barely. azmom Sep 2015 #93
On a good day, I identify myself as an agnostic! Divernan Sep 2015 #96
Well then ...I guess Hillary will get the Kim Davis voters. L0oniX Sep 2015 #67
for many minority communities the church is more cultural than about specific beliefs JI7 Sep 2015 #73
in north Honduras the Army has sent spies to Bible-study meetings and police interrogate people MisterP Sep 2015 #84
NOT UNIQUE TO HRC!!! Also in 2008, Courted by DNC...See if these names pop up in the future... Gloria Sep 2015 #99
Kickin' to read later. Faux pas Sep 2015 #102
Ugh... SoapBox Sep 2015 #107
Hillary 6.0? magical thyme Sep 2015 #108
The closer Sanders gets in the polls, the more Republican talking points Clinton rolls out Doctor_J Sep 2015 #110
In HRC's bubble world(100s of advisors/consultants) "Big Plan" changes daily. Divernan Sep 2015 #112
Too funny. A classic case of too many cooks. reformist2 Sep 2015 #114
Latest Discussions»Retired Forums»2016 Postmortem»Yet another HRC campaign ...»Reply #30