Wikileaks releases full transcripts of Clinton speeches to Goldman Sachs
October 16, 2016
Hillary Clinton generally avoided direct criticism of Wall Street as she examined the causes and responses to the financial meltdown during a series of paid speeches to Goldman Sachs, according to transcripts disclosed Saturday by WikiLeaks.
Three transcripts released as part of the hack of her campaign chairman's emails did not contain any new bombshells showing she was unduly influenced by contributions from the banking industry, as her primary rival Bernie Sanders had suggested. Still, her soft-handed approach in the speeches was likely to act as a reminder to liberals in the party of their concerns that the Democratic presidential nominee is too close to Wall Street to be an effective check on its excesses if elected.
Some excerpts of Clinton's speeches had already been released. For more than a week, Wikileaks has published in stages what it says are hacked emails from campaign chairman John Podesta.
In October 2013, the transcripts show, Clinton told bankers she had "great relations" and worked closely with Wall Street as New York's senator, and said "the jury is still out" on whether the Dodd-Frank financial reforms put in place after the financial crisis had been the right approach. She said more openness from the start could have prevented the uproar on Wall Street over those reforms.
"What happened, how did it happen, how do we prevent it from happening? You guys help us figure it out, and let's make sure that we do it right this time," she said.
Working to relate her speech to her audience, Clinton in one speech likened her experience as secretary of state to business and finance, saying "it's like anybody's balance sheet," with both opportunities and potential liabilities. In one exchange, a conference participant from Texas told Clinton that she had "the honor to raise money for you" during her 2008 presidential campaign.
Clinton responded, "You are the smartest people."
In the hard-fought Democratic primary, Sanders repeatedly called on Clinton to release the transcripts of her speeches to Wall Street, some of which earned her hundreds of thousands of dollars apiece. In an ironic twist, the transcripts ended up becoming public because her campaign aides had distributed them among themselves in an effort to prepare for any attacks she might face. Those internal campaign emails were then leaked in the hack of campaign chairman John Podesta's emails.
Clinton's campaign neither confirmed nor denied that the speech transcripts and leaked Podesta emails are authentic, but there have been no indications that they were doctored before being released. Clinton's team has accused Russia's government of hacking Podesta's emails, and the Obama administration has formally blamed Moscow for a series of breaches this affecting U.S. political groups.
"There is no getting around it: Donald Trump is cheering on a Russian attempt to influence our election through a crime reminiscent of Watergate, but on a more massive scale," said Clinton spokesman Glen Caplin.
The excerpts that have surfaced so far angered voters who backed Clinton's former Democratic opponent, U.S. Senator Bernie Sanders, who endorsed her after losing the party's primary.
Few of these voters are expected to vote for Republican nominee Donald Trump, who is dealing with his own larger scandal after the Oct. 7 release of a 2005 video in which he bragged about making unwanted sexual advances toward women, and subsequent allegations of sexual assault.
But Democratic strategists worry that disappointment with Clinton could hurt turnout in the Nov. 8 election among liberals and younger voters, posing a potential problem for the former secretary of state.
The transcripts, all from 2013, include speeches and question-and-answer sessions with Clinton at a "Builders and Innovators Summit," an "Alternative Investment Management Summit" and a gathering of CEOs — all hosted by Goldman Sachs.
You can’t go past a news paper, radio show or television news story these days without being flooded by all things Bitcoin or Crypto Currency. Some say it’s the new world of money while others suggest its all just a passing fad. Whatever your position or preference of...
This week I announced a suite of measures for the Government to consider when it comes to small and medium sized business and what we can all be doing as we start to look at emerging from the COVID19 lockdown. The reality is that a good number of small business owners,...
As someone who has been working in suicide prevention for some years now i know that often having a simple conversation can make all of the difference when a loved one is doing it tough. COVID 19 and the lock down tends to amplify how we feel when we are isolation or a...
We know that mob out there are uncertain as to what the COVID-19 / Corona Virus means for them – this can cause us all to panic and some in community more so that others. Panic attacks can compound the situation so we gather some information about what you can do now t...
Don’t forget our elders can suffer in silence too: suicide prevention
Many people think that mental health and suicide are not topics that impact our elders but they could not be more wrong. The data tells us there continues to be an emerging trend when it comes to peop...