THE PANTSUIT REPORT: Wall Street has Made Hillary Clinton a Millionaire

hillary-clinton-hollywood-money

She even made more money speaking to UBS and Goldman Sachs than her husband Bill did. 

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.

“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

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.PANTSUIT-REPORT

“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.

“If the other candidates want to make this an issue, they’ve got plenty of material.”

— Larry Sabato, director of the University of Virginia Center for Politics.

Sabato predicts O’Malley or Jim Webb are more likely to go negative on Clinton in the CNN debate Tuesday, but even Bernie Sanders may be able to take a sideswipe when it comes to Wall Street.

Sanders has been outspoken that the big banks are still “too big to fail” and should be broken up.

Clinton’s anti-Wall Street policies stop far short of that, with proposals to tax short-term trading and impose a “risk fee” on big banks with assets over $50 billion.

Wall Street’s reaction to her plan to regulation big banks was mostly a sigh of relief.

“We continue to believe Clinton would be one of the better candidates for financial firms,” one analyst wrote.

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….(read more)

Source: CNN


One Comment on “THE PANTSUIT REPORT: Wall Street has Made Hillary Clinton a Millionaire”


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