Hillary's Wall Street Dilemma: Wall Street Offers Clinton a Thorny Embrace

[bigtree]

4. so surprised to see yet another article by a conservative media machine

. . . claiming some right-wing affinity with Clinton.

Still, the article really doesn't make a good case that Hillary is some friend of Wall Street. The authors of this article paint a picture of a frosty and distrustful relationship with a lot unknown about how a new Clinton candidacy will relate with that community.

from the article:

She was early to call for tougher regulation of financial derivatives and private-equity markets, and in a 2007 speech called for major federal intervention in the market for subprime loans, arguing that “we need to acknowledge that Wall Street has played a significant role in our current problems, and in particular the housing crisis.”

Several people who advised Mrs. Clinton on her 2008 presidential campaign said the speech angered some of her Wall Street donors, who complained about what they viewed as her increasing antagonism to the industry. Mrs. Clinton has also called for eliminating the carried interest tax loophole.

“If you look at her positions, in my view, she was very aggressive on ensuring that Wall Street was better regulated and her argument about all these proposals is that this is going to be better for all of us,” said Neera Tanden, who was Mrs. Clinton’s policy director during the 2008 campaign.

A spokesman for Mrs. Clinton, Nick Merrill, declined to describe her positions on a variety of current regulatory and Wall Street issues but said in an email: “Reducing inequality and increasing upward mobility has been an uninterrupted pursuit of hers through every job she’s held, and it continues to this day in her work at the Clinton Foundation.”

That doesn't sound like an 'embrace' to me.