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2016 Postmortem
Related: About this forumDemocracy Now!: Clinton Questioned over Son-in-Law’s Ties to Goldman Sachs
http://www.democracynow.org/2016/5/31/it_s_not_just_the_speechesLEE FANG: In 2010, Marc Mezvinsky married Chelsea Clinton. The following year, in 2011, he began fundraising for his hedge fund. Reportedly, Lloyd Blankfein, the chief executive of Goldman Sachs, personally invested in this fund. He also allowed his association with this fund to be used in its marketing materials. So hes a big reason why Eaglevale Partners, the hedge fund founded by Marc Mezvinsky, was able to raise close to $400 million. Unfortunately, that wasnt particularly a savvy business decision. The fund, according to The Wall Street Journal and The New York Times, has underperformed, and one subordinate fund created by Marc Mezvinsky lost 90 percent of its investors money and had to shut down earlier this month. Basically, they made bad bets on the Greek economy recovery.
So, weve been pressing the campaign to understand the full relationship between Goldman Sachs and the Clinton family. Weve asked not only about the Goldman Sachs transcripts, but, as you pointed out, Hillary Clinton personally has made over $600,000 in paid speaking fees to Goldman Sachs. Bill Clinton has made more than $1.5 million in paid speaking fees. Goldman Sachs has given up to half a million dollars to the Clinton Foundation. So, were trying to press the campaign to really release the full relationship between Goldman Sachs and the Clinton family. And that includes how much money has transferred between Goldman Sachs and its executives to the Clinton family bank accounts and their businesses.
AMY GOODMAN: You also talk about how Goldman Sachs directly lobbied Hillary Clintons State Department, the company routinely partnering with the Clinton Foundation at this time.
LEE FANG: Yeah, thats right. You know, Goldman Sachs is no ordinary company, right? This is a very powerful investment bank that has historically won influence in many different administrations. Of course, in the George Bush administration, Bush appointed former Gold Sachs CEO Hank Paulson as his treasury secretary. Paulson was one of the primary architects of the bank bailouts. Over the last eight years, weve seen Goldman Sachs aggressively lobby the Obama administration, seeking influence over financial reform, the Volcker Rule, Dodd-Frank. And, of course, well expect Goldman Sachs to try to win influence with whoever is the next occupant of the White House. So this isnt just a random company. This is a bank with a lot of political interests involved.
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Democracy Now!: Clinton Questioned over Son-in-Law’s Ties to Goldman Sachs (Original Post)
TalkingDog
Jun 2016
OP
Even Trump hasn't attacked Hillary's daughter and son in law. This is how low they now stoop.
Trust Buster
Jun 2016
#3
tonyt53
(5,737 posts)1. Sad attempt to connect her to this. He is an adult.
WhiteTara
(29,713 posts)2. And he bet on a recovery, not the downfall
he's an optimist.
Trust Buster
(7,299 posts)3. Even Trump hasn't attacked Hillary's daughter and son in law. This is how low they now stoop.
seabeyond
(110,159 posts)4. Hey... Lets do the same with Jane Sanders and her college debacle and tie Bernie into it.
reddread
(6,896 posts)5. What is good for Goldman Sachs is good for the Clintons
and thats about it.