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FreakinDJ

(17,644 posts)
Fri Feb 19, 2016, 11:26 AM Feb 2016

How is Hillary going to rein in the "Bad Banksters" when they are her MAJOR Campaign contributors

Really Hillary - you expect me to believe they want NOTHING in return - do you really think the American voters are THAT Dumb. Or are you banking on the media to fall in line and look no further then a 2 second sound byte

These guys aren't just Wall St's Bad Actors - they were the creators of the entire mortgage crisis


Blackstone Group

The Blackstone Group and other members of the fast-money crowd have a risky new strategy for investing in real estate—this time as landlords.

This sensible dynamic between borrower and lender began to change in 1977. That’s when the Brooklyn-born Lew Ranieri came up with the clever idea that everyone would be better off—the borrower, the banker, and of course Salomon Brothers, his Wall Street employer—if there were a way to buy up mortgages from local banks; package them together, thereby spreading the risk presented by any one borrower across a broad portfolio of borrowers; and sell slices of the resulting bundles to investors the world over, offering varying rates of interest depending on an investor’s risk appetite. Ranieri, who started at Salomon in the mail room, assembled a team of Ph.D.s to package, slice, and sell mortgages after he realized “mortgages are math”—streams of cash flows that investors might want to buy. This powerful idea, dubbed “securitization,” was one of those once-in-a-generation innovations that revolutionized finance.

http://www.theatlantic.com/magazine/archive/2013/10/why-wall-street-loves-houses-again/309454/



and they have no intentions of stopping any time soon - now they are working feverishly to make sure we are all the "Debtor Class"


Now, five years later, the fast money has returned to the housing market, but in a more tangible way: big, institutional investors are buying up thousands of single-family houses out of foreclosure, renovating them if needed, and renting them out to people who can no longer afford to buy them. Leading the pack is one of the smartest guys in any room, Stephen Schwarzman, and his publicly traded private-equity behemoth, the Blackstone Group



Can't wait to hear Hillary tell voters "Chin Up Americans - the American Dream hasn't been SOLD OUT to the Wall St elite, its just been modified a little bit for the new millennium"


Hillary - just admit it - you have absolutely NO Intention of reigning in run-away Healthcare cost. You expect us to believe (once again) that one of your Major Campaign Contributors Dick Cashin, the founder of One Equity Partners expects NOTHING in return for the lavish amounts of cash he has heaped into your campaign ..

Nothing to see here folks - One Equity Partners is buying up medical suppliers - with the full intention of making a profit

WHEATON Acquired by One Equity Partners

MILLVILLE, N.J.--(BUSINESS WIRE)-- WHEATON, a premium provider of laboratory glassware and consumables, announced today it has been acquired by Duran Group, a portfolio company of funds advised by One Equity Partners Capital Advisors L.P. (OEP). The transaction brings together two well-known and respected brands with strong reputations for quality and innovations serving the life science and healthcare markets, each with track records extending back to their founding more than 100 years ago. Since then the products of WHEATON and DURAN have become leading brands globally in the lab consumable sector.

http://www.streetinsider.com/Press+Releases/WHEATON+Acquired+by+One+Equity+Partners/10893259.html



I stand corrected - Hillary never said she was going to bring down healthcare cost. But her campaign contributors are literally banking on spiraling Healthcare Cost

Hillary - do you really think the American voters are that naïve, that stupid, or that gullable that you can rub elbows all day long with the Powerful Elite by day and you can look us in the eye and with a straight face claim you will be the defender of the Working Class ??

Gimme a fucking break

The "Who's Who list of some of you private fund raisers looks more like a list of Wall St's Bad Actors.


Democratic presidential candidate Hillary Clinton has been talking tough on Wall Street, but that’s yet to stop finance industry bigwigs from opening up their checkbooks for her.

Among those in attendance were Blair Effron, the co-founder of boutique advisory firm Centerview Partners; Byron Wien, a vice chairman at Blackstone; Dick Cashin, the founder of One Equity Partners; Cliff Robbins, CEO of Blue Harbour Group; Wesley Edens, the co-founder of Fortress Investment Group; and Dermot Dunphy, a retired executive and former CEO of Sealed Air, according to people familiar with the matter.

http://blogs.wsj.com/washwire/2015/12/10/warren-buffett-goes-to-bat-for-hillary-clinton-on-wall-street/



Actually listening to Hillary's rhetoric on Wall St is so surreal we should just name it like a New Punk-Rock Band - "Hilly and the Wall St Bad-Actors Guild"



42 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
How is Hillary going to rein in the "Bad Banksters" when they are her MAJOR Campaign contributors (Original Post) FreakinDJ Feb 2016 OP
Of course the banksters got massively wealthy by giving money away nichomachus Feb 2016 #1
LMAOROTF FreakinDJ Feb 2016 #2
Ha Ha..... this one so good it gets one of my rare 3 Smiley Awards laserhaas Feb 2016 #22
But you have to scold them to make the really big bucks. GreatGazoo Feb 2016 #37
"Stop" is a little strong nichomachus Feb 2016 #38
She can run from this issue, but she can't hide from it AgingAmerican Feb 2016 #3
What was her comment last night about "bad hedge funds"? Anybody know? panader0 Feb 2016 #4
The only thing I took away from last night was - "Liar Liar Pants Suit on Fire" FreakinDJ Feb 2016 #11
and - perhaps - Spell check ... short edition laserhaas Feb 2016 #23
You mean the "Bad Actors"? (Irony, bad actress). Here is the transcript w/quote Kittycat Feb 2016 #33
Like all conservaDems, she'll back a toothless "reform" bill. BillZBubb Feb 2016 #5
People aren't dumb. This is one reason her trust issue is polling so low. EndElectoral Feb 2016 #6
I voted BHO in 08 Cosmocat Feb 2016 #7
That is the $64,000 question farleftlib Feb 2016 #8
She said she'd get tough on Countrywide Finance. HooptieWagon Feb 2016 #9
Yep. In fact, most of the culprits she mentions by name no longer exist. reformist2 Feb 2016 #29
Hillary's 2008 Chief Strategist was COE of PR Firm defending Countrywide FreakinDJ Feb 2016 #30
K & R !!! WillyT Feb 2016 #10
She doesn't want to; based on reading about the TPP, she probably promises them its passage; the TPP amborin Feb 2016 #12
Strictly an "I'll say anything to get Elected" campaign FreakinDJ Feb 2016 #13
exactly; why is anyone falling for this? amborin Feb 2016 #14
Look at her "Body Language" during the town hall FreakinDJ Feb 2016 #19
interesting confirmation of what more and more people realize amborin Feb 2016 #35
Devil's advocate here: donors may expect favors but that doesn't mean they will receive them LonePirate Feb 2016 #15
But they certainly won't get the well earned regulation they deserve either FreakinDJ Feb 2016 #16
It almost always does mean that tho farleftlib Feb 2016 #18
So you think almost every politician is a bribed politician who has not yet been arrested? LonePirate Feb 2016 #20
It's not *technically* illegal farleftlib Feb 2016 #25
Answer: kenfrequed Feb 2016 #17
She poses as doing one thing, and does the opposite. Waiting For Everyman Feb 2016 #21
Hillary - "I did not have Financial Relations with that Bank" FreakinDJ Feb 2016 #24
DUzy! Waiting For Everyman Feb 2016 #28
I believe Chelsea was at another UglyGreed Feb 2016 #26
Probably in much the same way that FDR was BlueMTexpat Feb 2016 #27
Hillary is nothing like FDR FreakinDJ Feb 2016 #31
She'll tell them to cut it out. merrily Feb 2016 #32
"How is Hillary going to rein in the "Bad Banksters"?" Jarqui Feb 2016 #34
Banking donations to Clinton: amborin Feb 2016 #36
So Both Clintons have been taking donations from Banks for decades FreakinDJ Feb 2016 #42
Everyone has always known that you don't get something for nothing. The difference this time... DisgustipatedinCA Feb 2016 #39
they are basically her ONLY donors; very few small donors; amborin Feb 2016 #40
So now Hillary is trying to corrupt the entire Democratic Party FreakinDJ Feb 2016 #41

nichomachus

(12,754 posts)
1. Of course the banksters got massively wealthy by giving money away
Fri Feb 19, 2016, 11:27 AM
Feb 2016

And getting nothing in return. They do that all the time. Why just the other day, I got a check from Lloyd Blankfein for $250,000. He said "Have a nice day."

GreatGazoo

(4,697 posts)
37. But you have to scold them to make the really big bucks.
Fri Feb 19, 2016, 01:45 PM
Feb 2016

Telling them to "stop the sheningans" is going for about $650,000 I hear.

panader0

(25,816 posts)
4. What was her comment last night about "bad hedge funds"? Anybody know?
Fri Feb 19, 2016, 11:30 AM
Feb 2016

I wonder how Chelsea felt about that.

 

FreakinDJ

(17,644 posts)
11. The only thing I took away from last night was - "Liar Liar Pants Suit on Fire"
Fri Feb 19, 2016, 11:44 AM
Feb 2016

Last edited Fri Feb 19, 2016, 12:51 PM - Edit history (1)

Kittycat

(10,493 posts)
33. You mean the "Bad Actors"? (Irony, bad actress). Here is the transcript w/quote
Fri Feb 19, 2016, 01:00 PM
Feb 2016
CLINTON: But let me get to the heart of your question. I was the candidate who went to Wall Street before the crash. I was the candidate who went to them and said you are wrecking our economy. What you are doing with mortgages is going to bring us down.

I called to end the carried interest loophole for hedge fund managers. I called to reign in CEO pay. I now have the most effective and comprehensive plan to deal with the threats that Wall Street poses, and I go further than Senator Sanders does because I want to go through after all the other bank bad actors.

The bad actors like hedge funds, the bad actors like AIG, the insurance company. Like Countrywide mortgage. I take a backseat to nobody in being very clear about what I will do to make sure Wall Street never crashes main street again. And, that you can count on.


http://www.nbcnews.com/politics/2016-election/transcript-msnbc-telemundo-clinton-sanders-town-hall-n520781

BillZBubb

(10,650 posts)
5. Like all conservaDems, she'll back a toothless "reform" bill.
Fri Feb 19, 2016, 11:33 AM
Feb 2016

The peasants will be placated. The banksters will grumble. And business will go on as usual. Everybody wins!

Cosmocat

(15,469 posts)
7. I voted BHO in 08
Fri Feb 19, 2016, 11:36 AM
Feb 2016

knowing he was well backed by big money, and knowing that he was likely to be more in line with big money as POTUS than I, and most here, would like.

I knew this BEFORE I voted for him.

I know this about Hillary, too.

That is a significant part of why I am voting Bernie.

He is more right on the issues and is as direct and out front in his advocacy of progressive policy as anyone in politics today.

But ...

This primary is very much in play, and I know this not what most Bernie backers want to think, but Hillary could very well be the democratic candidate for POTUS.

I know it feels all good to pile on her to some, but a Hillary POTUS is better than any R POTUS by 1,000 times over.

There is no one here who does not know who and what she is ...

You aren't getting Bernie any votes by piling on her here, just generating the republican like scorched earth mentality toward her to help make her unelectable if Bernie can't beat her in the primary.

I know this is lost on some, but I had a couple minutes of my life to tilt this windmill.

 

farleftlib

(2,125 posts)
8. That is the $64,000 question
Fri Feb 19, 2016, 11:37 AM
Feb 2016

However, Hillary doesn't answer anything unless she's paid at least 10x as much.

 

HooptieWagon

(17,064 posts)
9. She said she'd get tough on Countrywide Finance.
Fri Feb 19, 2016, 11:41 AM
Feb 2016

They closed doors 7 years ago. She thinks voters are stupid.

reformist2

(9,841 posts)
29. Yep. In fact, most of the culprits she mentions by name no longer exist.
Fri Feb 19, 2016, 12:52 PM
Feb 2016

Countrywide, Lehman Brothers, even AIG - it went through bankruptcy and is a reformed corporation.

We should be most concerned with the behemoth banks that swallowed up the assets of these dead corporations and are now bigger than ever - Bank of America, JP Morgan/Chase, and yes, even Goldman Sachs.

amborin

(16,631 posts)
12. She doesn't want to; based on reading about the TPP, she probably promises them its passage; the TPP
Fri Feb 19, 2016, 11:50 AM
Feb 2016

immunizes Wall Street from gov't regulation

 

FreakinDJ

(17,644 posts)
13. Strictly an "I'll say anything to get Elected" campaign
Fri Feb 19, 2016, 11:52 AM
Feb 2016

all the while wearing a t-shirt under her pant suit with the work "Suckers" plastered on it

 

FreakinDJ

(17,644 posts)
19. Look at her "Body Language" during the town hall
Fri Feb 19, 2016, 12:14 PM
Feb 2016

says Liar Liar all over her as several interrogation experts have claimed

Christopher Hadnagy, a body language expert and author of "Unmasking the Social Engineer," told Business Insider on Wednesday that Clinton's nonverbal actions often indicated an uneasiness with the questions in front of her.

"I don't know if we have enough to say she is lying or telling the truth, but enough to show a high level of discomfort," said Hadnagy, who also helps run Social‐Engineer, Inc.

http://www.businessinsider.com/expert-hillary-showed-high-level-of-discomfort-during-press-conference-2015-3

LonePirate

(14,379 posts)
15. Devil's advocate here: donors may expect favors but that doesn't mean they will receive them
Fri Feb 19, 2016, 12:06 PM
Feb 2016
 

farleftlib

(2,125 posts)
18. It almost always does mean that tho
Fri Feb 19, 2016, 12:13 PM
Feb 2016

and it's too big a risk to take based on her past and how she's handling the questions about it.

She's asking to be president - with all that's at stake it's too big a risk to take on faith.

LonePirate

(14,379 posts)
20. So you think almost every politician is a bribed politician who has not yet been arrested?
Fri Feb 19, 2016, 12:33 PM
Feb 2016
 

farleftlib

(2,125 posts)
25. It's not *technically* illegal
Fri Feb 19, 2016, 12:47 PM
Feb 2016

It sure as hell is unethical. And yes, I do think they're all bribed. That's why I'm voting for Bernie. He doesn't have a SuperPac or close friends on Wall St who pay him ridiculous sums of money to hear him blather.

Super PACs are independent political committees that support a candidate with unlimited, often anonymous, donations from companies, unions, or individuals. The groups can't contribute directly to a candidate, but they can run favorable ads about a candidate—or negative ones about their favored candidate's opponent. Most of the ads sponsored by super PACs are negative and take considerable liberties. The people running the PACs are typically closely connected to the candidate the PAC supports..

In May 2015, Clinton announced that she'll support Priorities USA Action, a Democratic Super PAC, during her presidential campaign. She's the first Democratic presidential hopeful to endorse the powerful fund-raising groups.


http://www.infoplease.com/us/government/super-pacs.html

Waiting For Everyman

(9,385 posts)
21. She poses as doing one thing, and does the opposite.
Fri Feb 19, 2016, 12:39 PM
Feb 2016

She's like a termite. And lots of Dems are just like her.

Her participation in anything always has the effect of blunting any reform. Sure she participated, but at doing WHAT? That part is always assumed. It's assumed that she's for the reform, but that isn't necessarily so. We never know how much better the result could have been without her "help".

Then she'll say something like... Oops, well we tried hard, by golly, but all we could get done was a little incremental tinkering. Additionally, that lowers expectations for the next similar effort THAT'S what she does for her contributors. And they pay her a ton for it.

Yes, she thinks we're stupid. Or at the very least uninformed.

UglyGreed

(7,661 posts)
26. I believe Chelsea was at another
Fri Feb 19, 2016, 12:49 PM
Feb 2016

fundraiser yesterday held by leaders of a financial group.............

Jarqui

(10,924 posts)
34. "How is Hillary going to rein in the "Bad Banksters"?"
Fri Feb 19, 2016, 01:14 PM
Feb 2016

Send them transcripts of her speeches telling them to cut it out!!

amborin

(16,631 posts)
36. Banking donations to Clinton:
Fri Feb 19, 2016, 01:32 PM
Feb 2016

Since 1992, the financial sector has donated millions to support the Clintons. The following reflects donations from employees and PACs of banks, credit card companies, securities and investment firms, accounting firms and insurance companies.

1992 presidential

$11.17 million

1996 presidential

$28.37 million

2000 senate

$2.13 million

2006 senate

$6.02 million

2008 presidential

$14.61 million

2016 presidential

$6.42 million

(through Sept. 3

 

DisgustipatedinCA

(12,530 posts)
39. Everyone has always known that you don't get something for nothing. The difference this time...
Fri Feb 19, 2016, 07:15 PM
Feb 2016

...is that we seem to care, and in large numbers. The same-old/same-old isn't anywhere close to good enough anymore.

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