title: hillarys russian hack hoax the biggest lie of this election season
text: november   by shawn helton  comment 
  shawn helton st century wire 
  the cozy relationship between goldman sachs and the clintons has reached dizzying new heights in recent years giving the democratic party nominee hillary clinton an immensely influential partner on wall street 
  as the public and most of the mainstream media is still processing the political bombshell concerning the newly reopened fbi probe into the hillary clinton s email server case  the global investment banking firm goldman sachs quietly endorsed the democratic presidential candidate this past week 
  the financial ties that bind the clintons and wall street banks like goldman sachs are nothing new but never before have the connections been so exposed lets take a trip down collusion lane to review some of the more questionable examples of their political and financial merger formed long ago 
  money changers wall streets goldman sachs are inextricably linked to the clintons and the clinton foundation photo illustration wire 
  the clintons  goldman sachs 
  while campaigning for his first term in the white house former president bill clinton received an enormous amount of support from washington insider lobbyists and investment banking firms on wall street 
  at the top of the pile sat goldman sachs 
  in  the la times reported that presidential nominee bill clinton received the largest share of his financial supportat least  millionfrom lawyers and lobbyists and that clinton also received additional support from big securities firms such as goldman sachs  co in new york and stephens inc in his hometown of little rock ark in fact goldman sachs employees and their family members were responsible for the biggest contributions from a single firm  
  for decades the clintons have remained close allies to the banking behemoth goldman sachs and in the process a mutually beneficial relationship has taken hold something that even the ny times admits 
  over plus years goldman provided the clintons with some of their most influential advisers millions of dollars in campaign contributions and speaking fees and financial support for the family foundations charitable programs 
  by now there should be little doubt that the clinton political machine is a wholly owned subsidiary of the wall street banking cartel their relationship was built over three decades 
  the real watershed moment came here 
  blank check bill clinton laughs with wall street elites after signing the financial services modernization act in  
  key to the kingdom 
  in one of the most significant financial rulings in the modern era the clinton presidency gave big banks like goldman sachs the skeleton key to the kingdom by deregulating the investment banking system almost entirely 
  the clintongoldman sachswall street partnership was fully forged after the removal of the glasssteagall act  which banking luminaries cynically named the  financial services modernization act of  officially titled the gramm leachbliley act  the original glasssteagall was a depressionage fourpart provision under the bank act of  that strictly prohibited securities activities that could be harmful to investors  the same sort of rogue speculating and paper fiat fraud which triggered the great depression  in fact the grammleachbliley act which repealed glasssteagall opened the door for the shadow banking realm outside of regulatory oversight which led to a much higher trading risk as banks became more interlinked 
  simply put clintons repeal of glasssteagell removed the firewall between speculative investment banking and regular high street retail and consumer banking  which exposed everyone to toxic subprime ponzi schemes and fake paper products being pushed around the globe by the banking elite  which ultimately causing the global economy to crash in  all that can be laid at the feet of one william jefferson clinton and hillary still claims that my husband did so well with the economy really 
  in a crossposted article featured at huffington post  nomi prins underscored the complicit nature of wall street and washington after the removal of tighter bank regulations under the clinton administration during the s 
  to grasp the dangers that the big six banks jpmorgan chase citigroup bank of america wells fargo goldman sachs and morgan stanley presently pose to the financial stability of our nation and the world you need to understand their history in washington starting with the clinton years of the s alliances established then not exclusively with democrats since bankers are bipartisan by nature enabled these firms to become as politically powerful as they are today and to exert that power over an unprecedented amount of capital rest assured of one thing their past and present ceos will prove as critical in backing a hillary clinton presidency as they were in enabling her husbands years in office 
  prins herself was a former managing director at goldman sachs senior managing director at bear stearns as well as having worked as a senior strategist at the now defunct investment banking firm lehman brothers following the financial crash in  prins blew the whistle on the banking world in a book entitled  it takes a pillage  behind the bonuses bailouts and backroom deals from washington to wall street 
  prins has become an advocate for the reinstatement of the glasssteagall act since departing from the investment banking world 
  the media outlet common dreams described the merger between citicorp and travelers group becoming citigroup which was dubbed the cititravelers act on capitol hill it was a conglomeration that went hand in hand with the clinton administrations influence on banking deregulation marked by the repeal of glasssteagall 
  then in  in an act of corporate civil disobedience citicorp and travelers group announced they were merging such a combination of banking and insurance companies was illegal under the bank holding company act  but was excused due to a loophole that provided a twoyear review period of proposed mergers the merger was premised on the expectation that glasssteagall would be repealed citigroups cochairs sandy weill and john reed led a swarm of industry executives and lobbyists who trammeled the halls of congress to make sure a deal was cut 
  at the time it was the largest financial merger even though it was technically illegal  as stated by the former bankers of america ceo kenneth guenther  in   after  attempts in  years congress passed the financial services modernization act  which led to the repeal of glasssteagall 
  the repeal of glasssteagall was pushed heavily by citigroups coceo sanford weill and lobbyist roger levy and according to a report by the nation  
  they laid out more than  million for lobbying in  according to the center for responsive politics and donated more than  million in the  election cyclea figure sure to be topped in  
  how much of those contributions made their way to the clinton family and what kind of impact did this have after they left the white house 
  in  bill clinton was paid over half a million for speaking at three private goldman events 
  in  after stepping down from her position as secretary of state hillary clinton gave a total of three paid speeches at goldman sachs events to the tune of  dollars in which one attendee said s he sounded more like a goldman sachs managing director according to a quote obtained by politico  indeed clinton gave a glowing speech to the goldman gang and in the process as wikileaks released in early october  the democratic nominee believes in both a public and a private position on wall street reform and that it is an  oversimplification to suggest that investment banking led to the most recent financial crisis 
  that clinton leak provided another window into the much protected alliance between finance and politics but its only the tip of a much larger iceberg 
  in  the washington post reported that hillary rodham clinton and former president bill clinton earned in excess of  million for delivering  speeches since the beginning of  a huge infusion to their net worth as she was readying for a presidential bid 
  anointed chelsea clinton with goldman sachsbacked hedge funder marc mezvinsky 
  the clinton family is chockfull of banking connections as chelsea clinton joined the avenue capital group which according to reports is a  billion hedge fund whose founder has contributed to many democratic party campaigns chelsea is married to marc mezvinsky  a former investment banker for goldman sachs chelseas tenure at avenue capital group was from  just prior to hillary clintons run for president in  since then chelsea has risen to vice chairman inside the clinton foundation 
  marc mezvinsky was forced to close one of his hedge funds recently eaglevale hellenic opportunity  after had the fund lost most of its initial investor funds of  million  after blowing the money on secondhand junk greek bank stocks and toxic government debt 
  the apple doesnt fall far from the tree 
  as it turns out marc is the son of troubled former congressman ed mezvinsky  another close friend of team clinton 
  politico reports on one of ed mezvinskys financial controversies in  
  in the waning days of clintons presidency federal prosecutors and the fbi were bearing down on former rep ed mezvinsky diowa who had fallen for a series of ponzi schemes and pulled in nearly  million money from other investors to cover his losses  
  continuing politico outlined new information concerning a pardon request sent by from ed mezvinskys wife to then president bill clinton 
  records released last week by the clinton presidential library in little rock and obtained by politico show mezvinsky and his thenwife  exrep marjorie margoliesmezvinsky dpa  pleaded with the former president for a presidential pardon to head off the looming federal case 
  in  the daily mail reported the following chelsea clintons husband and his partners have suffered a huge loss after trying to bet on the revival of the greek economy and are now being forced to shut down one of their hedge funds marc mezvinsky  and his partners former goldman sachs colleagues bennett grau and mark mallon raised million from investors to buy up bank stocks and debt from the struggling nation that fund however has lost  percent of its value investors with direct knowledge of the situation told the new york times  and will now be closed 
  the insiders a groundbreaking ceremony at goldman sachs headquarters in manhattan in  hillary clinton is joined by michael bloomberg  lloyd blankfein current goldman sachs ceo former goldman sachs ceo henry paulson image source ilovemyfreedom  
  the ny times further outlined the longheld clintongoldman connection just two years before the  financial crisis the clintons relationships with wall street deepened in the s when mr clinton set up his foundation in harlem and mrs clinton was elected to the senate from new york that brought her in close touch with the big wall street firms a source of jobs and tax revenue for new york  and a leading source of campaign funds for mrs clinton during her years in congress employees of goldman donated in excess of  to mrs clinton more than those of any other company except citigroup according to the center for responsive politics along with other new york politicians mrs clinton worked to obtain federal tax breaks to resuscitate lower manhattan after the sept   attacks and those breaks helped goldman build its new roughly  billion headquarters when it broke ground in  mrs clinton and other new york officials were onsite how to monetize influence lloyd blankfein at a clinton global initiative event with hillary clinton image source sputniknews  the wall street racket to understand who powers the clinton foundations billion dollar rico influencepeddling slush fund you need to understand how money is laundered between wall street and washington dc goldman sachs jpmorgan chase morgan stanley bank of america and citigroup and many others were all ordered to pay millions for misleading investors after the  crash then in april of  goldman was ordered to settle a federal and state probe for  billion dollars cnbc reported the following 
  goldman sachs will pay  billion to settle federal and state probes into the banks sale of mortgagebacked securities before the financial crisis the justice department announced monday 
  authorities said goldman misrepresented the quality of loans it securitized and then sold to investors ahead of the housing bubble and  crisis the settlement includes a  billion civil penalty  billion in relief payouts to underwater homeowners and affected borrowers and  million to resolve various other claims 
  this resolution holds goldman sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages when it knew that they were full of mortgages that were likely to fail acting associate attorney general stuart delery said in a statement  
  in  a bloomberg article questioned how goldman managed to survive and even thrive during the  economic crisis 
  whether goldman could have gone the way of lehman brothers or merrill lynch remains the subject of much debate goldman maintains that it did not need or want the  billion bailout that hank paulson  former goldman alum pushed on it and other firms in october  but the fact remains that when the federal reserve allowed goldman and morgan stanleybut not lehman brothersto become bank holding companies on sept   goldman was able three days later to raise  billion in equity  billion from the public and another  billion from investor warren buffett that would probably not have happened without the feds expedited decision and support a week later morgan stanley saved itself from bankruptcy when it negotiated a  billion equity investment from mitsubishi ufj financial group 
  all told the clinton friendly investment giant goldman sachs after making record profits became the fifth megabank ordered to pay billions to the department of justice after the financial crash of  in addition the firm was ordered to pay  billion to the federal housing finance agency in   not including pending private lawsuits levied on the firm since the great recession 
  in a new york review article goldman sachs was already under investigation for committing fraud at least a year before the economic crash in  
  data gathered mostly from the corporate research project  a public interest website show that on thirteen occasions between  and  goldman was penalized by us courts or government agencies for fraudulent or deceptive practices that were committed mostly between  and  
  cashing out bill clinton with his top economic strategist robert rubin image source st louis postdispatch  
  wall street selects team clinton 
  the clinton connection to goldman sachs emerged in the early s as robert rubin  a former senior partner with goldman with a year tenure with the firm joined former president clintons economic policy team later becoming secretary of the treasury in  around that time the clinton presidency ushered in soaring tax hikes under the rubinomics banner aka clintonomics the plan raised taxes on most americans specifically the middle class  in what was said to be the largest increase in american history at the time 
  according to congressional record  vol part   in  the economy grew at a sickly   clintons vetoes of spending cuts insured continued deficits well into the st century 
  in a multinational monitor report entitled wall streets best investment ten deregulatory steps to financial meltdown by robert weissman and james donahue  a clearer picture of the financial collusion spawned in the s under the clinton administration was revealed 
  during the clinton administration treasury secretary robert rubin who had run goldman sachs enthusiastically promoted the legislation in a  testimony before the house banking committee for example rubin argued that the banking industry is fundamentally different from what it was two decades ago let alone in   us banks generally engage in a broader range of securities activities abroad than is permitted domestically even domestically the separation of investment banking and commercial banking envisioned by glasssteagall has eroded significantly 
  with a pedigree that included goldman sachs the council on foreign relations cfr the brookings institution and the bilderberg group  robert rubin emerged in  as the vice chairman at citigroup  after overseeing its merger as well as helping to craft the repeal of glasssteagall while serving as secretary of treasury rubin made a fortune with citigroup causing sharp criticism in media and from those within the financial sector following the  crash heres a passage from bloomberg regarding rubin in the aftermath of the banking collapse 
  when it collapsed due in part to bankfriendly policies that rubin advocated he made more than  million while others lost everything you have to view people in a fair light says phil angelides cochair of the financial crisis inquiry commission who credits rubin for much of the clintonera prosperity but on the other side of the ledger are key acts such as the deregulation of derivatives or stopping the commodities futures trading commission from regulating derivatives that in the end weakened our financial system and exposed us to the risk of financial disaster 
  sworn fbi director james comey sworn in by former doj head eric holder image source thewhitehousespin  
  under the microscope 
  over the summer wire observed some curious connections between the clinton foundation and fbi director james comey  as well as his questionable handling of other cases related to the clinton family heres the following passage to consider in light of the new information related to the clinton investigation 
  many will also be unaware that before comey was installed by the obama administration as fbi director he was on the board of director at hsbc bank  a bank implicated in international money laundering  including the laundering of billions on behalf of international drugs and narcotics trafficking cartels forbes also points out where comey was also at the key chokepoint during the case involving dodgy auditor kpmg which followed on by the hsbc criminal case 
  if comey and his boss attorney general alberto gonzalez had made a different decision about kpmg back in  kpmg would not have been around to miss all the illegal acts hsbc and standard chartered scbff  were committing on its watch bloomberg reported in  that back in june of  comey was the man thrust into the position of deciding whether kpmg would live or die for its criminal tax shelter violations 
  in  the guardian discussed the financial relationship between hsbc and the clinton foundation receiving a startling  million in donations from clients of the large bank 
  the charitable foundation run by hillary clinton and her family has received as much as m from wealthy international donors who were clients of hsbcs controversial swiss bank 
  leaked files from hsbcs swiss banking division reveal the identities of seven donors to the bill hillary and chelsea clinton foundation with accounts in geneva 
  a new update on the fbi investigation into the clinton foundation was announced over the last  hours in addition the recently reopened clinton email probe from last week it remains to be seen how indepth this new investigation will be 
  to call it collusion would be an understatement when looking back at the financial affairs of the clintons goldman sachs and others on wall street  its clearer than ever that what we are looking at is a criminal syndicate 
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  so looks like goldman sachs blankfein bankrolled chelsea clintons husband no doubt another payoff for the clintons loyalty to the wall street criminal banking cartel trending on wire