Wall Street Suddenly Worried Hillary Might Stop Openly Loving It

[hootinholler]

Clinton is expected to continue to ratchet up the tone she debuted during her “listening tour” of Iowa, when the candidate bemoaned the influence of money in politics and said that low-income truck drivers shouldn’t pay more taxes than hedge-fund managers. Few, however, expect her to go as far as O’Malley, who has called for the prosecution of big bankers, or Sanders, who has openly pushed for breaking up the country’s largest banks.

It’s almost refreshing how open nearly all parties are about their belief that Clinton would never argue for reining in the financial industry if she didn’t absolutely have to in order to make her way to the White House. Presumably waiting to see whether she can overcome that perception are Senator Elizabeth Warren and New York mayor Bill de Blasio, both of whom are progressive champions and have yet to endorse Clinton.

On the other side of that calculus is Clinton’s donor base, which is richly populated with folks who work on Wall Street. Clinton is struggling to raise the type of money that Bush has already raised before declaring his candidacy, and the Democrats have far fewer donors willing to write checks in the six to eight figure range than the Republicans do.

All of this makes for an ugly, rather dispiriting balancing act—one that we can all look forward to watching unfold over the more than 500 days left between today and Election Day.

That's the meat of the article.

Anyone else remember people claiming that Liz has endorsed Hillary? It would appear, not so much.

[TheNutcracker]

1. Wall street worried about Hillary? That's funny. I heard her speech to them, and so did they.

[hootinholler]

3. So you're saying they're not worried at all?

That's a big plus for Hillary I guess.

[nichomachus]

6. They're not scared of speeches

Look at all of Obama's speeches that came to nothing. It's just the political version of "lying for the Lord." Say what you need to say to win, as long as you don't do it.

[Betty Karlson]

2. She'll need to dissociate herself

from that image of "running errands for the banks", that is for sure.

[bunnies]

4. "openly"

That word says a mouthful.

[hootinholler]

5. Indeed

More than a mouthful.

[appalachiablue]

7. awww. I remember an investment finance person saying in the 90s that when an

institution was hauled before Congress for some testimony or transgression, it was basically theatre, acting. Meaning the banks knew the reps. would smack them around a bit, just for show. The arrogance...