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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Clintons' $93 Million Romance With Wall Street
http://www.alternet.org/election-2016/clintons-93-million-romance-wall-streetA catastrophe for working families, African-Americans, and latinos.
For 24 years Bill and Hillary Clinton have courted Wall Street money with notable success. During that time the New York banks contributed:
$11.17 million to Bill Clinton's presidential campaign in 1992.
$28.37 million for his re-election in 1996.
$2.13 million to Hillary Clinton's senatorial campaign in 2002.
$6.02 million for her re-election in 2006.
$14.61 million to Hillary Clinton's presidential campaign in 2008.
$21.42 million to her 2016 campaign.
The total here is $83.72 million for the six campaigns,i ii disbursed from 11 banks: Goldman Sachs, Citigroup, UBS, Bank of America/Merrill Lynch, Wells Fargo, Barclay's, JP Morgan Chase, CIBC, Credit Suisse, Deutsche Bank, and Morgan Stanley.iii iv
Then there were the speeches.
(snip)
Hillary Clinton unveiled her big plan to curb the worst of Wall Street's excesses. The reaction from the banking community was a shrug.xi There is good reason for the banks' sanguine view.
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The Clintons' $93 Million Romance With Wall Street (Original Post)
Ferd Berfel
Mar 2016
OP
I'm confused as it has long been illegal for corporations to contribute to campaigns
Nye Bevan
Mar 2016
#1
Nye Bevan
(25,406 posts)1. I'm confused as it has long been illegal for corporations to contribute to campaigns
of candidates running for federal offices. Perhaps you meant employees of banks as opposed to simply "banks"?
Jarqui
(10,131 posts)2. Since they left the White House, the Clintons have collected about $4 billion
mostly from big business/Wall Street/the 1%:
- Clinton Foundation
- Hillary's campaigns
- Clinton Library
- speaking fees
KamaAina
(78,249 posts)3. a) This goes in GD-Primaries. b) It's already there.