Hillary Clinton claimed over the weekend that Wall Street firms have supported her financially because she was a U.S. senator on Sept. 11, 2001, but campaign finance records show seven-figure support from the industry before the attacks.
According to OpenSecrets.org, securities and financial industry companies and their employees donated nearly $1.15 million to Clinton’s 2000 Senate campaign. The Wall Street giant Citigroup topped the list of her corporate donors that cycle.
On this year in 2008, Lehman Brothers, filed for bankruptcy. The firm’s stunning collapse—it was the largest corporate bankruptcy in American history—precipitated the demise of the global financial system and the onset of the Great Recession. Founded in the mid-1800s, Lehman Brothers had a good run, and donated a lot of money to politicians in an effort to advance its vision. Hillary Clinton, for example, was a top recipient of Lehman Brothers cash.
The Wall Street Journal reports on yet another shady connection between Hillary Clinton, a major foreign corporation, and the Clinton Foundation. Here is the gist:
Vox has written an insightful explainer on why buying a certain brand of shoe doesn’t necessarily make you a good person. The piece also, perhaps unintentionally, explains a lot about the young liberal hipsters who read Vox.
Hillary Clinton has a problem. She is seeking the presidential nomination of a party that, at least superficially, doesn’t think very highly of Wall Street. Her Democratic rival Bernie Sanders, for example, is a principled liberal who voted against the controversial TARP bailout in 2008 (which Hillary supported), and supports legislation to break up big banks. Hillary, however, believes Wall Street is actually pretty good, especially when it comes to funding her political campaigns, paying her lots of money to give speeches, and donating to the Clinton Foundation.