The Clintons’ $93 Million Romance with Wall Street: a Catastrophe for Working Families, African-Americans, and Latinos

For 24 years Bill and Hillary Clinton have courted Wall Street money with notable success. During that time the New York banks contributed:

• $11.17 million to Bill Clinton’s presidential campaign in 1992.
• $28.37 million for his re-election in 1996.
• $2.13 million to Hillary Clinton’s senatorial campaign in 2002.
• $6.02 million for her re-election in 2006.
• $14.61 million to Hillary Clinton’s presidential campaign in 2008.
• $21.42 million to her 2016 campaign.

The total here is $83.72 million for the six campaigns,i ii disbursed from eleven congenial banks: Goldman Sachs, Citigroup, UBS, Bank of America/Merrill Lynch, Wells Fargo, Barclay’s, JP Morgan Chase, CIBC, Credit Suisse, Deutsche Bank, and Morgan Stanley.iii ivThen there were the speeches. Sixteen days after leaving the White House in 2001, Mr. Clinton delivered a speech to Morgan Stanley, for which he was paid $125,000. That was the first of many speeches to the New York banks. Over the next fourteen years, Mr. Clinton’s Wall Street speaking engagements earned him a total of $5,910,000:

• $1,550,000 from Goldman Sachs.
• $1,690,000 from UBS.
• $1,075,000 from Bank of America/Merrill Lynch.
• $770,000 from Deutsche Bank.
• $700,000 from Citigroup

After she resigned as Secretary of State in 2012 Hillary Clinton took to the lecture circuit as well. Some of her income has come to light during the current presidential campaign—the infamous $675,000 she was paid for three speeches to Goldman Sachs. That disclosure, however, belittles her financial achievement and the scope of her audiences. She also addressed the Bank of America/Merrill Lynch, Morgan Stanley, Deutsche Bank, UBS, Ameriprise, Apollo Management Holdings, CIBC, Fidelity Investments, and Golden Tree Asset Management. In doing so she earned another $2,265,000.viNo other political couple in modern history has enjoyed so much money flowing to them from Wall Street for such a long time—$92.57 million over a quarter century… More: Aletho News