Soft core corruption is legal but it shouldn't be. Many of the inflated weapons deals to dictators who donated to Hillary's foundation also wreak.
Hillary Helps a Bank—and Then It Funnels Millions to the Clintons
CONOR FRIEDERSDORF JUL 31, 2015
The Swiss bank UBS is one of the biggest, most powerful financial institutions in the world. As secretary of state, Hillary Clinton intervened to help it out with the IRS. And after that, the Swiss bank paid Bill Clinton $1.5 million for speaking gigs. The Wall Street Journal reported all that and more Thursday in an article that highlights huge conflicts of interest that the Clintons have created in the recent past.
~Snip~
The article adds that “there is no evidence of any link between Mrs. Clinton’s involvement in the case and the bank’s donations to the Bill, Hillary and Chelsea Clinton Foundation, or its hiring of Mr. Clinton.” Maybe it’s all a mere coincidence, and when UBS agreed to pay Bill Clinton $1.5 million the relevant decision-maker wasn’t even aware of the vast sum his wife may have saved the bank or the power that she will potentially wield after the 2016 presidential election.
But even that wouldn’t make accepting the $1.5 million excusable.
If you’re Bill Clinton and your wife has recently intervened, in her capacity as a cabinet secretary, to help a giant corporation avert a significant threat to its bottom-line, the very least you could do, if only to avoid the appearance of impropriety, is to avoid negotiating seven-figure paydays with that same corporation. This is particularly jaw-dropping because ultra-wealthy Bill Clinton has virtually unlimited opportunities to give lucrative speeches to any number of audiences not directly implicated by decisions that his wife made as secretary of state.
But maximizing the Clinton family’s wealth and power requires him to speak before the very wealthiest paymasters. And that’s exactly what the ex-president has done...
Read more:
http://www.theatlantic.com/politics/archive/2015/07/hillary-helps-a-bankand-then-it-pays-bill-15-million-in-speaking-fees/400067/
And 7 out 14 banks that are being sued by a pension fund for rigging interest rates didn't just pay Hillary millions in speaking fees because of her expertise on banking. That's a lot of corrupt banks paying HUGE money to a future presidential candidate that if elected would be in charge of appointing people to police and regulate these corrupt banks. I sure as hell don't trust her to not be influenced by all that money.
You can believe that if you want. But a Hilary administration would most likely be just as soft on bank crime as the Obama administration and that's just wrong. Criminal banks deserve to be prosecuted where people go to jail for their crimes.
When
Goldman Sachs admits defrauding its customers and no one goes to jail the system is corrupt.
U.S. judge rejects 14 banks' bid to throw out rate-rigging lawsuit
Deals | Mon Mar 28, 2016 12:23pm EDT
A federal judge in Manhattan on Monday rejected an effort by 14 of the world's biggest banks to throw out a private lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.
U.S. District Judge Jesse Furman said investors led by several pension funds and municipalities could pursue federal antitrust claims over an alleged conspiracy to rig "ISDAfix" from 2009 to 2012, and breach of contract and unjust enrichment claims against most defendants. Other claims were dismissed.
The defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase & Co, Morgan Stanley, Nomura Holdings Inc, Royal Bank of Scotland Group Plc, UBS AG and Wells Fargo & Co....
Read more:
http://www.reuters.com/article/us-banks-rigging-lawsuit-idUSKCN0WU1E8
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