This Is What Hillary Told Wall Street Behind Closed Doors

Tyler Durden's picture

Bernie Sanders has found the chink in Hillary Clinton’s political armor - and it has nothing to do with a private e-mail server.

The riley socialist has begun hitting the former First Lady hard on her liberal credentials, branding her a kind of wannabe progressive with an on-again off-again commitment to things like reforming the type of establishment politics that allow Wall Street to exercise undue influence on Capitol Hill.

In fact, Sanders has zeroed in on Clinton’s ties to the financial world’s biggest players including Goldman Sachs which has paid the Democratic frontrunner and her husband millions for speeches over the course of the last ten years. Those speeches in some cases coincided with Goldman’s efforts to lobby the State Department on issues that directly involved the bank.

Besides the speaking fees, Wall Street has also given more than $14 million to Clinton’s super PAC - the second highest total next to Jeb Bush. “I do not know any progressive who has a super PAC and takes $15 million from Wall Street,” Sanders said on Wednesday, at a town hall event organized by CNN.

“Enough is enough. If you’ve got something to say, say it directly,” Clinton said the next day, effectively daring Sanders to accuse her of being bought and paid for. She also said she would “look into” releasing the transcripts of her paid speeches. But by Friday morning, her campaign seemed to indicate that full disclosure was not forthcoming. “I don’t think voters are interested in the transcripts,” Joel Benenson, Clinton’s pollster.

Well actually voters are interested, and fortunately, Politico has an account of one recent address which underscores Sanders’ concerns. “Clinton offered a message that the collected plutocrats found reassuring, declaring that the banker-bashing so popular within both political parties was unproductive and indeed foolish,” Politico writes. “[She struck] a soothing note on the global financial crisis, she told the audience, in effect: We all got into this mess together, and we’re all going to have to work together to get out of it.” Here’s more:

What the bankers heard her to say was just what they would hope for from a prospective presidential candidate: Beating up the finance industry isn’t going to improve the economy—it needs to stop. And indeed Goldman’s Tim O’Neill, who heads the bank’s asset management business, introduced Clinton by saying how courageous she was for speaking at the bank. (Brave, perhaps, but also well-compensated: Clinton’s minimum fee for paid remarks is $200,000).

 

Certainly, Clinton offered the money men—and, yes, they are mostly men—at Goldman’s HQ a bit of a morale boost. “It was like, ‘Here’s someone who doesn’t want to vilify us but wants to get business back in the game,’” said an attendee. “Like, maybe here’s someone who can lead us out of the wilderness.”

 


 

Clinton’s remarks were hardly a sweeping absolution for the sins of Wall Street, whose leaders she courted assiduously for financial support over a decade, as a senator and a presidential candidate in 2008. But they did register as a repudiation of some of the angry anti-Wall Street rhetoric emanating from liberals rallying behind the likes of Sens. Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio). And perhaps even more than that, Clinton’s presence offered a glimpse to a future in which Wall Street might repair its frayed political relationships.

 

This is not the first time Wall Street has found itself at odds with one of the political parties in Washington. But it may be the first time since the Great Depression that the New York banker class has been this disconnected from both parties simultaneously.

 

The strained relations come at a consequential moment for the financial industry, which has rebounded from the 2008 financial crash faster and with bigger gains than the rest of the country, but is now facing the ire of newly emboldened and decidedly anti-Wall Street populists in both political parties. And yet the 2014 and 2016 election cycles will help determine whether banks, already restrained by the Dodd-Frank financial reform law, will face new regulatory restrictions, further rounds of legal action and higher tax rates. “Traditionally, Wall Street plays both sides of the fence on its political donations,” says Charles Geisst, a financial historian and professor at Manhattan College. “What's happening now is neither side is coming through with the things Wall Street feels it is entitled to, and so everybody just wants to give up. But they can’t, because they are going to continue to be in the limelight whether they like it or not.”

 

“Like the rest of America, Wall Street is looking at Washington and saying whether we agree or disagree, they’re looking at both parties with complete revulsion,” one private equity executive told Politico.

Right. Wall Street is looking at Washington "with complete revulsion." Except when it comes to Clinton. Who offers "a way out of the wilderness." 

Needless to say, Politico's account only serves to underscore the notion that a vote for Hillary is a vote for business as usual inside the Beltway. A ballot for America's entrenched political aristocracy, and a sure fire ticket to more of the same. 

Politico's account brings to mind an important question: could it be that the best candidate for America's highest office isn't even running?... 

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Tim Knight from Slope of Hope's picture

One thing's for sure - - if Clinton is elected, she'll do for gender harmony even more than Obama has done for racial harmony in this once-great land of ours.

EscapeKey's picture

ah yes, the old "we give the electorate something they want, and funnel 50bn while they celebrate"

 

macholatte's picture

The Democrat Party of John Kennedy is long gone. There is only the Progressive Party and any reference to any current politician as a Democrat is in name only (DINO).

What Hitlery told the Wall Street crowd was this:
I’m for sale and Bill sits at the cash register and we are complete whores.
Money talks and bullshit walks.
And don’t pay any attention to the anti-Wall St campaign rhetoric or any of that shit about taxing the rich. It’s just talk.

 

FL_Conservative's picture

Lead them out of the wilderness?  I say lead them to the guillotine.  

 

Oh....and end the fucking Fed!

The Limerick King's picture

 

 

Clinton and Bush are the same

A difference that's only in name

Establishment tools

Supported by fools

Continued corruption their aim

Tarzan's picture

If Clinton is mortally wounded, and if the Dems are bent on nominating the first women for President, at any cost, WHY even think of dragging out Biden?

Recruit Warren, Heck I'm told, way back, I have an Indian great grandma too. 

....Get it over with,

FIAT that is...

HAHA, No feeble President is taking down the mighty FED! 

Some how, despite all, I suspect Hilary will be the next Prez to FEED THE BEAST!

Father Thyme's picture

Everybody's got a little bit of Injun blood in them, when its necessary.

I myself am 1/29th Injun when I run for political office. Don't be asking exactly how that happened either. ;)

 

Why do so many white Americans want so badly for people to think they have American Indian ancestry?
Sometimes I feel like I'm the only white person who doesn't at least claim to be part Indian. Elizabeth Warren (politician, law professor) has been in the news lately for calling herself India  when she is, at most, 1/32 Indian.
www.quora.com/Why-do-so-many-white-Americans-want-so-badly-for-people-to...

 

P.S. Great Poem,   oh   Great   L I M E R I C K    K I N G !

J Jason Djfmam's picture

If Hillary was from Nantucket...

RiverRoad's picture

"There once was a man from Nantucket......"

Chris Dakota's picture

Soros behind refugee invasion in Europe and USA.

Ted Gay Cruz whos wife tried to jump off a bridge in 2005, is that when she found out?

https://img.washingtonpost.com/rf/image_1484w/2010-2019/WashingtonPost/2016/01/21/National-Politics/Images/00000002.JPG?uuid=rn0fLMB8EeWD1ELjvO6pAghttp://static01.nyt.com/images...
Gay Obama
https://s-media-cache-ak0.pini...
Gay Rubio
http://www.phibetaiota.net/wp-...

all Soros boys

and then there is Hillary who he backs, all sides covered with Homos. http://i0.wp.com/smoloko.com/wp-content/uploads/HillaryClintonLesbianMem...
smithcreek's picture

Just so I have this straight, the article is saying Elizabeth Warren is the person best suited to be president?  WTF?  Surely the Tylers have sold this website for millions and are lounging on a beach somewhere warm.  I've noticed a few article like this recently and they have me wondering.

Chris Dakota's picture

sold it to Soros

That is the internet business plan, tell the truth

warm it up, get following sell to Soros.

I run from one place to another, same on youtube.

In the end only about 10% of us are worth saving,

the rest can rot in greedy hell.

realmoney2015's picture

Correct. This site is owned by ABC (Disney). No wonder very article about politics is way. I couldn't understand how a site dedicated to free markets and liberty could go for authoritarians who want to spend more.

The guy who was the Feds enemy is now out of the race. Not that a political election is likely to change anything drastically. 

 

PS. Look at the bottom of the page I'd you don't believe me. Mainstream media site!!

NidStyles's picture

Watch, let's see how fast this article drops in the front page now that I am here posting.

 

 

Elizabeth Warren, sounds familiar.

 

Oh yeah, it's because she's another Tribe member. She's running for president eh?

 

 

Another Israel firster:

http://www.liberalsforisrael.org/elizabeth-warren-on-israel-and-iran.html

 

I want to vomit with the BS she is spweing in that article....

 

"For generations, the United States and Israel have shared a commitment to a stable, secure, and peaceful Middle East. But our alliance runs far deeper: it is a natural partnership resting on our mutual commitment to democracy and freedom and on our shared values."

That is just hilarious. The country that attakced one of our ships only one generation ago is saying that we have been allied for generations. That we have freedom and "DEMOCRACY", as our shared values. You can't stack this bullshit any higher. 

 

Scooby Dooby Doo's picture

Hey Gang. Scooby wants to vote for Trump!

I luv Donald Trump he will develop the United States like a Condo project. Tall, strong, and lots of American citizens!

overmedicatedundersexed's picture

how does one defame a comic dog? just read any of that ass holes posts.

old naughty's picture

why do we even care...

if she / he wins...if ZH sold out / lay over at beaches...

it's going down the hole hard, all these are

just continuous music play...to the very end, no?

 

 

UN less, we have awaken...and now

should celebrate.

 

“Films, football, beer, and above all, gambling filled up the horizon of their minds. To keep them in control was not difficult….” - George Orwell, 1984

knukles's picture

Dude.  Do some homework.  ABC Media, LTD is NOT related to ABC as in Disney.
Good Lord, man!

 

Here's a bare bones start:

http://who.pho.to/georgi_hristozov_abc_media_ltd/

realmoney2015's picture

Thanks for the link. I tried to do some reseaech in abc media ktd and came up empty, except for the disney one. I did see a terrible wesbite and wrote it off cause it was so awful, tgat it coupdnt be a media company's website. 

Must be another reason why zerohedge has gone downhill recently. 

Maybe there is a direct correlation to the DOW. It peaked in May and is on the way down. 

Casey Jones's picture

Based on your belief that ZH is a Disney property, how in holy hell would you know whether ZH has gone downhill?

I M DeMan's picture

Well, Colin Powell [who lied to the American people about Iraq and wmds] declared his support for Hillery.

 

That's good enough for me!

 

 

sarc/

 

 

Bay Area Guy's picture

I don't think the Tylers are saying Warren is the person best suited to be president.  As I read the article, it was saying to me that Politico thinks Warren is the best person.

SuperRay's picture

Somebody got to Warren. She was going after the fed then suddenly backed off and voted against audit the fed.

Chris Dakota's picture

It's just PR, later the parrots will sing "Warren voted to audit the Fed"

I see that shit all the time, it's like the retraction on page 37 in the paper.

The damage is done.

Im leaving here now, the libertarian blog has turned commie.

see ya

realmoney2015's picture

Zerohedge is Mainstream! 

This site is owned by ABC (Disney). This is just another controlled piece of propaganda media brought to is by corporations and fascists. 

Don't believe me? Look at the bottom of the page! This is why the truth here is sprinkled in with fear, misinformation, and misdirection. 

"Copyright ©2009-2016 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. "

 

greenskeeper carl's picture

I feel like we have gone over this a bunch of times, maybe you guys are new here. "ABC Media, LTD" is not the fucking American Broadcasting Company, the ABC everyone knows. Not the same entity. Do you REALLY think an entity like ABC would run this site, or the owners of ABC( Im sure banks and/or oligarchs of dubious reputation, which this site hammers constantly, own large stakes) and post these types of things? Come on.... Last I saw, that entity was registered in Sofia, Bulgaria.Plus, if the real ABC owned this site, it would have come out, and they would have gotten hammered by the left for allowing the kinds of content/comments. They would not allow words like "nigger" and "fucking jews" or "musloids" to be posted constantly either.

 

You want to criticise ZH, Tyler, whatever, or their content, you are free to do so. But this partiular reason is nonsense.

Scooby Dooby Doo's picture

OK I will. Why does Tyler sleep so late on Saturday and Sunday morning! The same old nasty old threads are here in the morning and they smell like old spilled beer.

We need change in 2016 on ZH and Donald Trump will make sure it is taken care of!

Supernova Born's picture

No shit.

Tyler creates the impression of a control freak granny.

He is in bed with facial mask, moisturizer gloves and hair net/do rag (let's be inclusive) on and he isn't waking to cover the biggest ass-kicking in a party debate in over a decade.

Tyler, please give the keys to the family car to trusted others that can keep this site from decaying into near irrelevance each night.

Sincerely

Bendromeda Strain's picture

That would be The Good Old Days©, when a certain Marla took the con after the boys got tired. Nonetheless, the better question is, why are you watching the debates? Still can't reach that plug in the back of your neck, huh?

mc225's picture

auditing the fed would be great, wouldn't it? it would be totally on the up and up, yes?

de3de8's picture

Because she wants to keep on living

r00t61's picture

I read the politico article.  The comment about Fauxcahontas being "best suited" is Tyler's commentary, not politico's.

This weekend Tyler must have missed the part where Elizabeth "Enemy of Wall Street" Warren voted against Rand Paul's Audit the Fed bill.

Bendromeda Strain's picture

Yes indeed, there is a Prog Tyler in the stable. He/she shows him/her self occasionally, and like this article, it usually isn't hard to spot. Often, they post guest content from a few select lefties. When I detect the crap, I just Move On©

DeathMerchant's picture

Refreshing to encounter someone that knows how to read

Supernova Born's picture

Fuck you and your anti-illiterate bigotry.

[My 3rd grader read your post and informed me of the hateful grudge you hold against the illiterate.]

Theosebes Goodfellow's picture

~"In fact, Sanders has zeroed in on Clinton’s ties to the financial world’s biggest players including Goldman Sachs which has paid the Democratic frontrunner and her husband millions for speeches over the course of the last ten years."~

If this line of attack works against Hilary, what makes anyone think Bernie won't use it on Cruz? Rubio? Jeb? Fiorina?

BarkingCat's picture

Know your audience.

What works in the primary will not necessarily work in the general election.

Scooby Dooby Doo's picture

All of the ZH'ers this morning are exhibiting signs of Super Bowel Fever! Drunk and Stoopid!

Trojan Duck's picture

the stories about him were greatly exaggerated

OldPhart's picture

"There once was a man from Nantucket......"

I'm brazen. I'll repeat the whole limerick.

There once was a man from Nantucket,

who's dick was so long he could suck it.

As he said with a grin.

as he wiped off his chin,

If my ear were a cunt I could fuck it.

RiverRoad's picture

Ahh, the old college drinking songs.....

Zero Point's picture

Then the punchline definitely wouldn't include "I would fuck it".

PlayMoney's picture

I'm 113th injun and half bitchez

lincolnsteffens's picture

It actually may be that some native American Indians were cross pollinated by a small number of Europeans before the arrival of Columbus. I saw a documentary that showed Europeans did arrive in N. America near the end of the last ice age. The Ojibwa in particular show DNA markers that support that along with some excavated evidence of ceremonial practices found in N. America are the same as prehistoric Europe.

roadhazard's picture

Everybody is 2% Injun. I like Warren over anybody else I can see out there.  She doesn't sound stupid.