"Clinton Inc." Raises Almost $3 Billion, And The Biggest 'Donor' Is...

Tyler Durden's picture

"Clinton Inc. is going to be the most formidable fundraising operation for the Democrats in the history of the country. Period. Exclamation point," is how on Republican lobbyist describes the Bill-and-Hillary show and as WSJ reports, in total, the Clintons raised between $2 billion and $3 billion from all sources, including individual donors, corporate contributors and foreign governments. They have raised more than $1 billion from U.S. companies and industry donors during two decades on the national stage through campaigns, paid speeches and a network of organizations advancing their political and policy goals. Financial Services firms have been one of the single largest sources of money for the Clintons since the 1992 presidential campaign; and the couple's No. 1 Wall Street contributor, giving nearly $5 million - Goldman Sachs.

 

 

As WSJ reports,

Bill and Hillary Clinton helped raise more than $1 billion from U.S. companies and industry donors during two decades on the national stage through campaigns, paid speeches and a network of organizations advancing their political and policy goals, The Wall Street Journal found.

 

Those deep ties potentially give Mrs. Clinton a financial advantage in the 2016 presidential election, if she runs, and could bring industry donors back to the Democratic Party for the first time since Mr. Clinton left the White House.

 

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In total, the Clintons raised between $2 billion and $3 billion from all sources, including individual donors, corporate contributors and foreign governments, the Journal found. Between $1.3 billion and $2 billion came from industry sources.

 

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The donated funds were split among the Clintons' political operations, which raised $1.2 billion; their nonprofit foundation, which collected between $750 million and $1.7 billion; and speaking fees, which totaled about $100 million.

 

Not counting about $250 million the Clinton foundation has received from foreign donors, at least 75% of the money arrived in large donations from industry sources, a category defined by federal regulators and the Center for Responsive Politics.

 

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"She has the credibility among Wall Street donors that could make it likely that Wall Street moves back into the Democratic fold," said Sam Geduldig, a Republican lobbyist and fundraiser who represents Wall Street firms.

But do not worry - she is all about Main Street...

"If we are going to take on the mortgage debt of storied Wall Street giants," she wrote, "we ought to extend the same help to struggling, middle-class families."

Nothing changes...