As has been widely reported, in 2013 Hillary Clinton was paid $675,000 for three speeches to Goldman Sachs. One was delivered on June 4, 2013 at the 2013 IBD CEO Annual Conference at The Inn at Palmetto Bluff in South Carolina, a second one took place on October 24, 2013 at the Goldman Sachs Asset Management AIMS Alternative Investment Symposium, and the last one was delivered on October 29, 2013 at the Goldman Sachs builders and innovators summit.
The speech transcripts, in their entirety, were revealed for the first time in an email from Tony Carrk, research director at Hillary for America, in an email dated January 23, 2016, and disclosed to the public for the first time ever during today's latest Wikileak of Podesta emails.
In the email Carrk says:
The 3 (I misspoke about 5 earlier) speeches to Goldman are attached with
some parts highlighted. Below are some of the more noteworthy quotes.
The highlights Carrk refers to are the following:
In the first excerpt Hillary Clinton (rightfully) mocks Dodd Frank as nothing but a political contrivance which was created solely for political reasons as "there was also a need to do something because for political reasons." To wit: "*Clinton Said, With Dodd-Frank, There Was “A Need To Do Something Because For Political Reasons” Because Members Of Congress “Can't Sit Idly By And Do Nothing.”
“And with political people, again, I would say the same thing, you know, there was a lot of complaining about Dodd-Frank, but there was also a need to do something because for political reasons, if you were an elected member of Congress and people in your constituency were losing jobs and shutting businesses and everybody in the press is saying it's all the fault of Wall Street, you can't sit idly by and do nothing, but what you do is really important.” [GS2, 10/24/13]
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In the second highlighted excerpt, Tim O'Neill, Global Co-Head of the Investment Management Division, thanks Hillary for her "continued involvement in the issues (inaudible) to be courageous in some respects to associated with Wall Street and this environment" and then thanks her "very much."
*Tim O’Neill Told Clinton “We Really Did Appreciate It” When She Had Been “Courageous In Some Respects To Associated With Wall Street And This Environment.”
“MR. O'NEILL: By the way, we really did appreciate when you were the senator from New York and your continued involvement in the issues (inaudible) to be courageous in some respects to associated with Wall Street and this environment. Thank you very much.SECRETARY CLINTON: Well, I don't feel particularly courageous. I mean, if we're going to be an effective, efficient economy, we need to have all part of that engine running well, and that includes Wall Street and Main Street. And there's a big disconnect and a lot of confusion right now. So I'm not interested in, you know, turning the clock back or pointing fingers, but I am interested in trying to figure out how we come together to chart a better way forward and one that will restore confidence in, you know, small and medium-size businesses and consumers and begin to chip away at the unemployment rate. So it's something that I, you know, if you're a realist, you know that people have different roles to play in politics, economics, and this is an important role, but I do think that there has to be an understanding of how what happens here on Wall Street has such broad consequences not just for the domestic but the global economy, so more thought has to be given to the process and transactions and regulations so that we don't kill or maim what works, but we concentrate on the most effective way of moving forward with the brainpower and the financial power that exists here.” [GS2, 10/24/13]
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