PARTNERS IN CRIME: Goldman Sachs, The Clintons & Wall StreetShawn Helton 21st Century WireThe 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. Let s 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 Street s Goldman Sachs are inextricably linked to the Clinton s and The Clinton Foundation. (Photo illustration 21WIRE)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 1992, the LA Times reported that presidential nominee Bill Clinton, received the largest share of his financial support at least $2.6 million from 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: $98,700. 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 20-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 foundation s 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 1999. 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 Clinton/Goldman Sachs/Wall Street partnership was fully forged after the removal of the Glass-Steagall Act, which banking luminaries cynically named the  Financial Services Modernization Act of 1999  officially titled the Gramm-Leach-Bliley Act.  The original Glass-Steagall was a depression-age four-part provision under the Bank Act of 1933 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 (1929-1941). In fact, the Gramm-Leach-Bliley Act which repealed Glass-Steagall, 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: Clinton s repeal of Glass-Steagell 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 caused the global economy to crash in 2008. 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 cross-posted 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 1990 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 1990s. 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 husband s 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 2007-2008, 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 Glass-Steagall 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  Citi-Travelers Act  on Capitol Hill. It was a conglomeration that went hand in hand with the Clinton administration s influence on banking deregulation marked by the repeal of Glass-Steagall: Then, in 1998, 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 two-year review period of proposed mergers. The merger was premised on the expectation that Glass-Steagall would be repealed. Citigroup s co-chairs 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 1999, after 12 attempts in 25 years,  Congress passed the Financial Services Modernization Act, which led to the repeal of Glass-Steagall.The repeal of Glass-Steagall was pushed heavily by Citigroup s co-CEO Sanford Weill and lobbyist Roger Levy and according to a report by The Nation: They laid out more than $290 million for lobbying in 1998, according to the Center for Responsive Politics, and donated more than $150 million in the 1997 98 election cycle a figure sure to be topped in 1999 2000. 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 2005, Bill Clinton was paid over half a million for speaking at three private Goldman events.In 2013, 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 $675,000 dollars, in which one attendee said she 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 it s only the tip of a much larger iceberg.In 2015, the Washington Post reported that  Hillary Rodham Clinton and former president Bill Clinton earned in excess of $25 million for delivering 104 speeches since the beginning of 2014, a huge infusion to their net worth as she was readying for a presidential bid.   ANOINTED : Chelsea Clinton with Goldman Sachs-backed hedge funder Marc Mezvinsky.The Clinton family is chock-full of banking connections, as Chelsea Clinton  joined the Avenue Capital Group, which according to reports is a $12 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. Chelsea s tenure at Avenue Capital Group was from 2006-2008 just prior to Hillary Clinton s run for president in 2008. 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 $25 million   after blowing the money on secondhand junk Greek bank stocks and toxic government debt.The apple doesn t 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 Mezvinsky s financial controversies in 1999:  In the waning days of Clinton s presidency, federal prosecutors and the FBI were bearing down on former Rep. Ed Mezvinsky (D-Iowa), who had fallen for a series of Ponzi schemes and pulled in nearly $10 million money from other investors to cover his losses. Continuing, Politico outlined new information concerning a pardon request sent by from Ed Mezvinsky s 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 then-wife   ex-Rep. Marjorie Margolies-Mezvinsky (D-Pa.)   pleaded with the former president for a presidential pardon to head off the looming federal case. In 2016, the Daily Mail reported the following: Chelsea Clinton s 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, 38, and his partners, former Goldman Sachs colleagues Bennett Grau and Mark Mallon, raised $25million from investors to buy up bank stocks and debt from the struggling nation.That fund however has lost 90 percent of its value, investors with direct knowledge of the situation told The New York Times, and will now be closed.   THE INSIDERS    A ground-breaking ceremony at Goldman Sachs headquarters in Manhattan in 2005. 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 long-held Clinton/Goldman connection just two years before the 2007-2008 financial crisis: The Clintons  relationships with Wall Street deepened in the 2000s, 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 $234,000 to Mrs. Clinton, more than those of any other company except Citigroup, accordingto 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. 11, 2001, attacks, and those breaks helped Goldman build its new, roughly $2 billion headquarters. When it broke ground in 2005, Mrs. Clinton and other New York officials were on-site. HOW TO MONETIZE INFLUENCE    Lloyd Blankfein at a Clinton Global Initiative event with Hillary Clinton. (Image Source: sputniknews)The Wall Street RacketTo understand who powers the Clinton Foundation s billion dollar RICO influence-peddling 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 2008 crash, then in April of 2016, Goldman was ordered to settle a federal and state probe for $5 Billion dollars. CNBC reported the following: Goldman Sachs will pay $5 billion to settle federal and state probes into the bank s sale of mortgage-backed 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 2008 crisis. The settlement includes a $2.4 billion civil penalty, $1.8 billion in relief payouts to underwater homeowners and affected borrowers and $875 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 2013, a Bloomberg article questioned how Goldman managed to survive and even thrive during the 2007-2008 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 $10 billion bailout that Hank Paulson [ former Goldman alum] pushed on it and other firms in October 2008. But the fact remains that when the Federal Reserve allowed Goldman and Morgan Stanley but not Lehman Brothers to become bank holding companies on Sept. 21, 2008, Goldman was able, three days later, to raise $10 billion in equity, $5 billion from the public and another $5 billion from investor Warren Buffett. That would probably not have happened without the Fed s expedited decision and support. (A week later, Morgan Stanley saved itself from bankruptcy when it negotiated a $9 billion equity investment from Mitsubishi UFJ Financial Group.) All told the Clinton friendly investment giant Goldman Sachs (after making record profits) became the fifth mega-bank ordered to pay billions to the Department of Justice after the financial crash of 2007-2008. In addition, the firm was ordered to pay $3 billion to the Federal Housing Finance Agency in 2014   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 2007-2008: Data gathered mostly from the Corporate Research Project, a public interest website, show that on thirteen occasions between 2009 and 2016, Goldman was penalized by US courts or government agencies for fraudulent or deceptive practices that were committed mostly between 2006 and 2009.   CASHING OUT    Bill Clinton with his top economic strategist Robert Rubin. (Image Source: St. Louis Post-Dispatch)Wall Street Selects  Team Clinton The Clinton connection to Goldman Sachs emerged in the early 1990 s as Robert Rubin, a former senior partner with Goldman (with a 26-year tenure with the firm), joined former President Clinton s economic policy team, later becoming Secretary of the Treasury in 1995. 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.146 part 2),  In 1995, the economy grew at a sickly 1.5%   Clinton s vetoes of spending cuts [insured] continued deficits well into the 21st Century. In a Multinational Monitor report entitled  Wall Street s Best Investment: Ten Deregulatory Steps to Financial Meltdown, by Robert Weissman and James Donahue, a clearer picture of the financial collusion spawned in the 1990 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 1995 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 1933.   U.S. 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 Glass-Steagall 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 1999 as the vice chairman at Citigroup (1999-2009) after overseeing its merger as well as helping to craft the repeal of Glass-Steagall 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 2007-2008 crash. Here s a passage from Bloomberg regarding Rubin in the aftermath of the banking collapse: When it collapsed, due in part to bank-friendly policies that Rubin advocated, he made more than $100 million while others lost everything.  You have to view people in a fair light,  says Phil Angelides, co-chair of the Financial Crisis Inquiry Commission, who credits Rubin for much of the Clinton-era 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 MicroscopeOver the summer 21WIRE 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. Here s 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 choke-point 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 2005, 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 2007 that back in June of 2005, Comey was the man thrust into the position of deciding whether KPMG would live or die for its criminal tax shelter violations. In 2015, the Guardian discussed the financial relationship between HSBC and the Clinton Foundation receiving a startling $81 million in donations from clients of the large bank: The charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors who were clients of HSBC s controversial Swiss bank.Leaked files from HSBC s 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 24 hours, in addition the recently reopened Clinton email probe from last week. It remains to be seen how in-depth 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   it s clearer than ever that what we are looking at is a criminal syndicate.READ MORE ELECTION NEWS AT: 21st Century Wire 2016 FilesSUPPORT 21WIRE   SUBSCRIBE & BECOME A MEMBER @21WIRE.TVMiddle-east
partners in crime goldman sachs the clinton wall streetshawn hilton century wirethe copy relationship goldman sachs clinton reached dazzling new heights recent years giving democratic party nominee hillary clinton immensely influential partner wall public mainstream media still processing political bombshell concerning newly reopened fbi probe hillary clinton email server case global investment banking firm goldman sachs quietly endorsed democratic presidential candidate past financial ties bind clinton wall street banks like goldman sachs nothing new never connections exposed let take trip collusion lane review questionable examples political financial merger formed long ago money changes wall street goldman sachs inexplicably linked clinton the clinton foundation photo illustration the clinton goldman sachs while campaigning first term white house former president bill clinton received enormous amount support washington insider lobbyists investment banking firms wall top pile sat goldman sachs in la times reported presidential nominee bill clinton received largest share financial support least million lawyers lobbyists clinton also received additional support big securities firms goldman sachs new york stephens hometown little rock ark in fact goldman sachs employees family members responsible biggest contributions single firm for decades clinton remained close allies banking behemoth goldman sachs process mutually beneficial relationship taken hold something even ny times admits over years goldman provided clinton influential advisers millions dollars campaign contributions speaking fees financial support family foundation charitable programs by little doubt clinton political machine wholly owned subsidiary wall street banking cartel their relationship built three real watershed moment came blank check bill clinton laughs wall street elites signing financial services modernization act key kingdom in one significant financial rulings modern era clinton presidency gave big banks like goldman sachs skeleton key kingdom regulating investment banking system almost street partnership fully forged removal act banking luminaries typically named financial services modernization act officially titled act the original provision bank act strictly prohibited securities activities could harmful investors sort rogue speculating paper fiat fraud triggered great depression in fact act repealed opened door shadow banking realm outside regulatory oversight led much higher trading risk banks became put clinton repeal removed firewall speculative investment banking regular high street retail consumer banking exposed everyone toxic surprise pond schemes fake paper products pushed around globe banking elite ultimately caused global economy crash all laid feet one william jefferson clinton and hillary still claims my husband well economy really in article featured huffington post nom print underscores complicity nature wall street washington removal tighter bank regulations clinton administration to grasp dangers big six banks morgan chase citigroup bank america wells cargo goldman sachs morgan stanley presently pose financial stability nation world need understand history washington starting clinton years alliances established exclusively democrats since bankers bipartisan nature enabled firms become politically powerful today exert power unprecedented amount capital rest assured one thing past present ceo prove critical backing hillary clinton presidency enabling husband years office print former managing director goldman sachs senior managing director bear stars well worked senior strategist defunct investment banking firm leyman brothers following financial crash print blew whistle banking world book entitled it takes village behind bonuses bailout bathroom deals washington wall street print become advocate reinstatement act since departing investment banking media outlet common dreams described merger citicorp travelers group becoming citigroup dubbed act capitol hill it conglomeration went hand hand clinton administration influence banking deregulation marked repeal then act corporate civil disobedience citicorp travelers group announced merging such combination banking insurance companies illegal bank holding company act excused due loophole provided review period proposed mergers the merger promised expectation would repealed citigroup sandy will john reed led swarm industry executives lobbyists traveled halls congress make sure deal cut at time largest financial merger even though technically illegal stated former bankers america ceo kenneth guenther in attempts years congress passed financial services modernization act led repeal repeal pushed heavily citigroup stanford will lobbyist roger levy according report the nation they laid million lobbying according center responsive politics donated million election cycle figure sure topped how much contributions made way clinton family kind impact left white house in bill clinton paid half million speaking three private goldman stepping position secretary state hillary clinton gave total three paid speeches goldman sachs events tune dollars one attended said sounded like goldman sachs managing director according quote obtained politico indeed clinton gave glowing speech goldman gang process wikileaks released early october democratic nominee believes public private position wall street reform oversimplification suggest investment banking led recent financial clinton leak provided another window much protected alliance finance politics tip much larger washington post reported hillary roda clinton former president bill clinton earned excess million delivering speeches since beginning huge infusion net worth reading presidential bid anointed chelsea clinton goldman hedge under marc clinton family banking connections chelsea clinton joined avenue capital group according reports billion hedge fund whose founder contributed many democratic party campaigns chelsea married marc mezvinsky former investment banker goldman sachs chelsea tenure avenue capital group prior hillary clinton run president since chelsea risen vice chairman inside clinton mezvinsky forced close one hedge funds recently eaglevale hellenic opportunity fund lost initial investor funds million blowing money secondhand junk greek bank stocks toxic government apple fall far tree as turns marc son troubled former congressman ed mezvinsky another close friend team reports one ed mezvinsky financial controversies in waning days clinton presidency federal prosecutors fbi bearing former ed mezvinsky fallen series pond schemes pulled nearly million money investors cover losses continuing politico outlined new information concerning pardon request sent ed mezvinsky wife president bill clinton records released last week clinton presidential library little rock obtained politico show mezvinsky marjorie pleaded former president presidential pardon head looming federal case in daily mail reported following chelsea clinton husband partners suffered huge loss trying bet revival greek economy forced shut one hedge mezvinsky partners former goldman sachs colleagues bennett gray mark gallon raised investors buy bank stocks debt struggling fund however lost percent value investors direct knowledge situation told the new york times closed the insiders a ceremony goldman sachs headquarters manhattan hillary clinton joined michael bloomberg lloyd blankfein current goldman sachs ceo former goldman sachs ceo henry paulo image source ilovemyfreedom the ny times outlined connection two years financial crisis the clinton relationships wall street deepened clinton set foundation harlem clinton elected senate new york that brought close touch big wall street firms source jobs tax revenue new york leading source campaign funds clinton during years congress employees goldman donated excess clinton company except citigroup according center responsive new york politicians clinton worked obtain federal tax breaks resuscitate lower manhattan attacks breaks helped goldman build new roughly billion headquarters when broke ground clinton new york officials how to monetize influence lloyd blankfein clinton global initiative event hillary clinton image source sputniknews the wall street racket understand powers clinton foundation billion dollar rico slash fund need understand money foundered wall street washington sachs morgan chase morgan stanley bank america citigroup many others ordered pay millions misleading investors crash april goldman ordered settle federal state probe billion dollars cnbc reported following goldman sachs pay billion settle federal state probes bank sale securities financial crisis justice department announced said goldman misrepresented quality loans securities sold investors ahead housing bubble crisis the settlement includes billion civil penalty billion relief layouts underwater homeowners affected borrowers million resolve various resolution holds goldman sachs accountable serious misconduct falsely assuring investors securities sold backed sound mortgages knew full mortgages likely fail acting associate attorney general stuart delete said statement in bloomberg article questioned goldman managed survive even thrive economic crisis whether goldman could gone way leyman brothers merriam lynch remains subject much debate goldman maintains need want billion bailout hank paulo former goldman alum pushed firms october but fact remains federal reserve allowed goldman morgan stanley leyman brothers become bank holding companies goldman able three days later raise billion equity billion public another billion investor warren buffet that would probably happened without fed expedite decision support a week later morgan stanley saved bankruptcy negotiated billion equity investment mitsubishi fj financial group all told clinton friendly investment giant goldman sachs making record profits became fifth ordered pay billions department justice financial crash in addition firm ordered pay billion federal housing finance agency including pending private lawsuits levied firm since great new york review article goldman sachs already investigation committing fraud least year economic crash data gathered mostly corporate research project public interest website show thirteen occasions goldman penalized us courts government agencies fraudulent deceptive practices committed mostly casting out bill clinton top economic strategist robert rubin image source louis wall street selects team clinton the clinton connection goldman sachs emerged early robert rubin former senior partner goldman tenure firm joined former president clinton economic policy team later becoming secretary treasury around time clinton presidency ushered soaring tax hikes rubinomics banner aka clintonomics plan raised taxes americans specifically middle class said largest increase american history congressional record part in economy grew sickle clinton vetoed spending cuts insured continued deficits well century in multinational monitor report entitled wall street best investment ten regulatory steps financial meltdown robert weissman james donate clearer picture financial collusion spawned clinton administration revealed during clinton administration treasury secretary robert rubin run goldman sachs enthusiastically promoted legislation in testimony house banking committee example rubin argued banking industry fundamentally different two decades ago let alone banks generally engage broader range securities activities abroad permitted domestically even domestically separation investment banking commercial banking envisioned eroded significantly with pedigree included goldman sachs council foreign relations cfr the bookings institution bilderberg group robert rubin emerged vice chairman citigroup overseeing merger well helping craft repeal serving secretary treasury rubin made fortune citigroup causing sharp criticism media within financial sector following crash here passage bloomberg regarding rubin aftermath banking collapse when collapsed due part policies rubin advocated made million others lost everything you view people fair light says phil angeles financial crisis inquiry commission credits rubin much prosperity but side ledger key acts deregulation derivatives stopping commodities futures trading commission regulating derivatives end weakened financial system exposed us risk financial disaster sworn fbi director james come sworn former doj head eric holder image source thewhitehousespin under microscopeover summer observed curious connections clinton foundation fbi director james come well questionable handling cases related clinton family here following passage consider light new information related clinton investigation many also unaware come installed obama administration fbi director board director hsbc bank bank implicated international money laundering including laundering billions behalf international drugs narcotics trafficking also points come also key case involving dodgy auditor km followed hsbc criminal case if come boss attorney general alberto gonzalez made different decision km back km would around miss illegal acts hsbc standard chartered staff committing watch bloomberg reported back june come man thrust position deciding whether km would live die criminal tax shelter violations in guardian discussed financial relationship hsbc clinton foundation receiving startling million donations clients large bank the charitable foundation run hillary clinton family received much wealthy international donors clients hsbc controversial swiss files hsbc swiss banking division reveal identities seven donors bill hillary chelsea clinton foundation accounts geneva a new update fbi investigation clinton foundation announced last hours addition recently reopened clinton email probe last week it remains seen new investigation call collusion would understatement when looking back financial affairs clinton goldman sachs others wall street clearer ever looking criminal more election news at century wire filessupport subscribe become a member
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: PARTNERS IN CRIME: Goldman Sachs, The Clintons & Wall StreetShawn Helton 21st Century WireThe 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. Let s 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 Street s Goldman Sachs are inextricably linked to the Clinton s and The Clinton Foundation. (Photo illustration 21WIRE)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 1992, the LA Times reported that presidential nominee Bill Clinton, received the largest share of his financial support at least $2.6 million from 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: $98,700. 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 20-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 foundation s 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 1999. 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 Clinton/Goldman Sachs/Wall Street partnership was fully forged after the removal of the Glass-Steagall Act, which banking luminaries cynically named the  Financial Services Modernization Act of 1999  officially titled the Gramm-Leach-Bliley Act.  The original Glass-Steagall was a depression-age four-part provision under the Bank Act of 1933 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 (1929-1941). In fact, the Gramm-Leach-Bliley Act which repealed Glass-Steagall, 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: Clinton s repeal of Glass-Steagell 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 caused the global economy to crash in 2008. 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 cross-posted 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 1990 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 1990s. 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 husband s 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 2007-2008, 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 Glass-Steagall 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  Citi-Travelers Act  on Capitol Hill. It was a conglomeration that went hand in hand with the Clinton administration s influence on banking deregulation marked by the repeal of Glass-Steagall: Then, in 1998, 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 two-year review period of proposed mergers. The merger was premised on the expectation that Glass-Steagall would be repealed. Citigroup s co-chairs 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 1999, after 12 attempts in 25 years,  Congress passed the Financial Services Modernization Act, which led to the repeal of Glass-Steagall.The repeal of Glass-Steagall was pushed heavily by Citigroup s co-CEO Sanford Weill and lobbyist Roger Levy and according to a report by The Nation: They laid out more than $290 million for lobbying in 1998, according to the Center for Responsive Politics, and donated more than $150 million in the 1997 98 election cycle a figure sure to be topped in 1999 2000. 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 2005, Bill Clinton was paid over half a million for speaking at three private Goldman events.In 2013, 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 $675,000 dollars, in which one attendee said she 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 it s only the tip of a much larger iceberg.In 2015, the Washington Post reported that  Hillary Rodham Clinton and former president Bill Clinton earned in excess of $25 million for delivering 104 speeches since the beginning of 2014, a huge infusion to their net worth as she was readying for a presidential bid.   ANOINTED : Chelsea Clinton with Goldman Sachs-backed hedge funder Marc Mezvinsky.The Clinton family is chock-full of banking connections, as Chelsea Clinton  joined the Avenue Capital Group, which according to reports is a $12 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. Chelsea s tenure at Avenue Capital Group was from 2006-2008 just prior to Hillary Clinton s run for president in 2008. 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 $25 million   after blowing the money on secondhand junk Greek bank stocks and toxic government debt.The apple doesn t 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 Mezvinsky s financial controversies in 1999:  In the waning days of Clinton s presidency, federal prosecutors and the FBI were bearing down on former Rep. Ed Mezvinsky (D-Iowa), who had fallen for a series of Ponzi schemes and pulled in nearly $10 million money from other investors to cover his losses. Continuing, Politico outlined new information concerning a pardon request sent by from Ed Mezvinsky s 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 then-wife   ex-Rep. Marjorie Margolies-Mezvinsky (D-Pa.)   pleaded with the former president for a presidential pardon to head off the looming federal case. In 2016, the Daily Mail reported the following: Chelsea Clinton s 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, 38, and his partners, former Goldman Sachs colleagues Bennett Grau and Mark Mallon, raised $25million from investors to buy up bank stocks and debt from the struggling nation.That fund however has lost 90 percent of its value, investors with direct knowledge of the situation told The New York Times, and will now be closed.   THE INSIDERS    A ground-breaking ceremony at Goldman Sachs headquarters in Manhattan in 2005. 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 long-held Clinton/Goldman connection just two years before the 2007-2008 financial crisis: The Clintons  relationships with Wall Street deepened in the 2000s, 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 $234,000 to Mrs. Clinton, more than those of any other company except Citigroup, accordingto 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. 11, 2001, attacks, and those breaks helped Goldman build its new, roughly $2 billion headquarters. When it broke ground in 2005, Mrs. Clinton and other New York officials were on-site. HOW TO MONETIZE INFLUENCE    Lloyd Blankfein at a Clinton Global Initiative event with Hillary Clinton. (Image Source: sputniknews)The Wall Street RacketTo understand who powers the Clinton Foundation s billion dollar RICO influence-peddling 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 2008 crash, then in April of 2016, Goldman was ordered to settle a federal and state probe for $5 Billion dollars. CNBC reported the following: Goldman Sachs will pay $5 billion to settle federal and state probes into the bank s sale of mortgage-backed 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 2008 crisis. The settlement includes a $2.4 billion civil penalty, $1.8 billion in relief payouts to underwater homeowners and affected borrowers and $875 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 2013, a Bloomberg article questioned how Goldman managed to survive and even thrive during the 2007-2008 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 $10 billion bailout that Hank Paulson [ former Goldman alum] pushed on it and other firms in October 2008. But the fact remains that when the Federal Reserve allowed Goldman and Morgan Stanley but not Lehman Brothers to become bank holding companies on Sept. 21, 2008, Goldman was able, three days later, to raise $10 billion in equity, $5 billion from the public and another $5 billion from investor Warren Buffett. That would probably not have happened without the Fed s expedited decision and support. (A week later, Morgan Stanley saved itself from bankruptcy when it negotiated a $9 billion equity investment from Mitsubishi UFJ Financial Group.) All told the Clinton friendly investment giant Goldman Sachs (after making record profits) became the fifth mega-bank ordered to pay billions to the Department of Justice after the financial crash of 2007-2008. In addition, the firm was ordered to pay $3 billion to the Federal Housing Finance Agency in 2014   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 2007-2008: Data gathered mostly from the Corporate Research Project, a public interest website, show that on thirteen occasions between 2009 and 2016, Goldman was penalized by US courts or government agencies for fraudulent or deceptive practices that were committed mostly between 2006 and 2009.   CASHING OUT    Bill Clinton with his top economic strategist Robert Rubin. (Image Source: St. Louis Post-Dispatch)Wall Street Selects  Team Clinton The Clinton connection to Goldman Sachs emerged in the early 1990 s as Robert Rubin, a former senior partner with Goldman (with a 26-year tenure with the firm), joined former President Clinton s economic policy team, later becoming Secretary of the Treasury in 1995. 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.146 part 2),  In 1995, the economy grew at a sickly 1.5%   Clinton s vetoes of spending cuts [insured] continued deficits well into the 21st Century. In a Multinational Monitor report entitled  Wall Street s Best Investment: Ten Deregulatory Steps to Financial Meltdown, by Robert Weissman and James Donahue, a clearer picture of the financial collusion spawned in the 1990 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 1995 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 1933.   U.S. 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 Glass-Steagall 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 1999 as the vice chairman at Citigroup (1999-2009) after overseeing its merger as well as helping to craft the repeal of Glass-Steagall 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 2007-2008 crash. Here s a passage from Bloomberg regarding Rubin in the aftermath of the banking collapse: When it collapsed, due in part to bank-friendly policies that Rubin advocated, he made more than $100 million while others lost everything.  You have to view people in a fair light,  says Phil Angelides, co-chair of the Financial Crisis Inquiry Commission, who credits Rubin for much of the Clinton-era 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 MicroscopeOver the summer 21WIRE 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. Here s 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 choke-point 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 2005, 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 2007 that back in June of 2005, Comey was the man thrust into the position of deciding whether KPMG would live or die for its criminal tax shelter violations. In 2015, the Guardian discussed the financial relationship between HSBC and the Clinton Foundation receiving a startling $81 million in donations from clients of the large bank: The charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors who were clients of HSBC s controversial Swiss bank.Leaked files from HSBC s 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 24 hours, in addition the recently reopened Clinton email probe from last week. It remains to be seen how in-depth 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   it s clearer than ever that what we are looking at is a criminal syndicate.READ MORE ELECTION NEWS AT: 21st Century Wire 2016 FilesSUPPORT 21WIRE   SUBSCRIBE & BECOME A MEMBER @21WIRE.TVMiddle-east
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TEXT: partners in crime goldman sachs the clinton wall streetshawn hilton century wirethe copy relationship goldman sachs clinton reached dazzling new heights recent years giving democratic party nominee hillary clinton immensely influential partner wall public mainstream media still processing political bombshell concerning newly reopened fbi probe hillary clinton email server case global investment banking firm goldman sachs quietly endorsed democratic presidential candidate past financial ties bind clinton wall street banks like goldman sachs nothing new never connections exposed let take trip collusion lane review questionable examples political financial merger formed long ago money changes wall street goldman sachs inexplicably linked clinton the clinton foundation photo illustration the clinton goldman sachs while campaigning first term white house former president bill clinton received enormous amount support washington insider lobbyists investment banking firms wall top pile sat goldman sachs in la times reported presidential nominee bill clinton received largest share financial support least million lawyers lobbyists clinton also received additional support big securities firms goldman sachs new york stephens hometown little rock ark in fact goldman sachs employees family members responsible biggest contributions single firm for decades clinton remained close allies banking behemoth goldman sachs process mutually beneficial relationship taken hold something even ny times admits over years goldman provided clinton influential advisers millions dollars campaign contributions speaking fees financial support family foundation charitable programs by little doubt clinton political machine wholly owned subsidiary wall street banking cartel their relationship built three real watershed moment came blank check bill clinton laughs wall street elites signing financial services modernization act key kingdom in one significant financial rulings modern era clinton presidency gave big banks like goldman sachs skeleton key kingdom regulating investment banking system almost street partnership fully forged removal act banking luminaries typically named financial services modernization act officially titled act the original provision bank act strictly prohibited securities activities could harmful investors sort rogue speculating paper fiat fraud triggered great depression in fact act repealed opened door shadow banking realm outside regulatory oversight led much higher trading risk banks became put clinton repeal removed firewall speculative investment banking regular high street retail consumer banking exposed everyone toxic surprise pond schemes fake paper products pushed around globe banking elite ultimately caused global economy crash all laid feet one william jefferson clinton and hillary still claims my husband well economy really in article featured huffington post nom print underscores complicity nature wall street washington removal tighter bank regulations clinton administration to grasp dangers big six banks morgan chase citigroup bank america wells cargo goldman sachs morgan stanley presently pose financial stability nation world need understand history washington starting clinton years alliances established exclusively democrats since bankers bipartisan nature enabled firms become politically powerful today exert power unprecedented amount capital rest assured one thing past present ceo prove critical backing hillary clinton presidency enabling husband years office print former managing director goldman sachs senior managing director bear stars well worked senior strategist defunct investment banking firm leyman brothers following financial crash print blew whistle banking world book entitled it takes village behind bonuses bailout bathroom deals washington wall street print become advocate reinstatement act since departing investment banking media outlet common dreams described merger citicorp travelers group becoming citigroup dubbed act capitol hill it conglomeration went hand hand clinton administration influence banking deregulation marked repeal then act corporate civil disobedience citicorp travelers group announced merging such combination banking insurance companies illegal bank holding company act excused due loophole provided review period proposed mergers the merger promised expectation would repealed citigroup sandy will john reed led swarm industry executives lobbyists traveled halls congress make sure deal cut at time largest financial merger even though technically illegal stated former bankers america ceo kenneth guenther in attempts years congress passed financial services modernization act led repeal repeal pushed heavily citigroup stanford will lobbyist roger levy according report the nation they laid million lobbying according center responsive politics donated million election cycle figure sure topped how much contributions made way clinton family kind impact left white house in bill clinton paid half million speaking three private goldman stepping position secretary state hillary clinton gave total three paid speeches goldman sachs events tune dollars one attended said sounded like goldman sachs managing director according quote obtained politico indeed clinton gave glowing speech goldman gang process wikileaks released early october democratic nominee believes public private position wall street reform oversimplification suggest investment banking led recent financial clinton leak provided another window much protected alliance finance politics tip much larger washington post reported hillary roda clinton former president bill clinton earned excess million delivering speeches since beginning huge infusion net worth reading presidential bid anointed chelsea clinton goldman hedge under marc clinton family banking connections chelsea clinton joined avenue capital group according reports billion hedge fund whose founder contributed many democratic party campaigns chelsea married marc mezvinsky former investment banker goldman sachs chelsea tenure avenue capital group prior hillary clinton run president since chelsea risen vice chairman inside clinton mezvinsky forced close one hedge funds recently eaglevale hellenic opportunity fund lost initial investor funds million blowing money secondhand junk greek bank stocks toxic government apple fall far tree as turns marc son troubled former congressman ed mezvinsky another close friend team reports one ed mezvinsky financial controversies in waning days clinton presidency federal prosecutors fbi bearing former ed mezvinsky fallen series pond schemes pulled nearly million money investors cover losses continuing politico outlined new information concerning pardon request sent ed mezvinsky wife president bill clinton records released last week clinton presidential library little rock obtained politico show mezvinsky marjorie pleaded former president presidential pardon head looming federal case in daily mail reported following chelsea clinton husband partners suffered huge loss trying bet revival greek economy forced shut one hedge mezvinsky partners former goldman sachs colleagues bennett gray mark gallon raised investors buy bank stocks debt struggling fund however lost percent value investors direct knowledge situation told the new york times closed the insiders a ceremony goldman sachs headquarters manhattan hillary clinton joined michael bloomberg lloyd blankfein current goldman sachs ceo former goldman sachs ceo henry paulo image source ilovemyfreedom the ny times outlined connection two years financial crisis the clinton relationships wall street deepened clinton set foundation harlem clinton elected senate new york that brought close touch big wall street firms source jobs tax revenue new york leading source campaign funds clinton during years congress employees goldman donated excess clinton company except citigroup according center responsive new york politicians clinton worked obtain federal tax breaks resuscitate lower manhattan attacks breaks helped goldman build new roughly billion headquarters when broke ground clinton new york officials how to monetize influence lloyd blankfein clinton global initiative event hillary clinton image source sputniknews the wall street racket understand powers clinton foundation billion dollar rico slash fund need understand money foundered wall street washington sachs morgan chase morgan stanley bank america citigroup many others ordered pay millions misleading investors crash april goldman ordered settle federal state probe billion dollars cnbc reported following goldman sachs pay billion settle federal state probes bank sale securities financial crisis justice department announced said goldman misrepresented quality loans securities sold investors ahead housing bubble crisis the settlement includes billion civil penalty billion relief layouts underwater homeowners affected borrowers million resolve various resolution holds goldman sachs accountable serious misconduct falsely assuring investors securities sold backed sound mortgages knew full mortgages likely fail acting associate attorney general stuart delete said statement in bloomberg article questioned goldman managed survive even thrive economic crisis whether goldman could gone way leyman brothers merriam lynch remains subject much debate goldman maintains need want billion bailout hank paulo former goldman alum pushed firms october but fact remains federal reserve allowed goldman morgan stanley leyman brothers become bank holding companies goldman able three days later raise billion equity billion public another billion investor warren buffet that would probably happened without fed expedite decision support a week later morgan stanley saved bankruptcy negotiated billion equity investment mitsubishi fj financial group all told clinton friendly investment giant goldman sachs making record profits became fifth ordered pay billions department justice financial crash in addition firm ordered pay billion federal housing finance agency including pending private lawsuits levied firm since great new york review article goldman sachs already investigation committing fraud least year economic crash data gathered mostly corporate research project public interest website show thirteen occasions goldman penalized us courts government agencies fraudulent deceptive practices committed mostly casting out bill clinton top economic strategist robert rubin image source louis wall street selects team clinton the clinton connection goldman sachs emerged early robert rubin former senior partner goldman tenure firm joined former president clinton economic policy team later becoming secretary treasury around time clinton presidency ushered soaring tax hikes rubinomics banner aka clintonomics plan raised taxes americans specifically middle class said largest increase american history congressional record part in economy grew sickle clinton vetoed spending cuts insured continued deficits well century in multinational monitor report entitled wall street best investment ten regulatory steps financial meltdown robert weissman james donate clearer picture financial collusion spawned clinton administration revealed during clinton administration treasury secretary robert rubin run goldman sachs enthusiastically promoted legislation in testimony house banking committee example rubin argued banking industry fundamentally different two decades ago let alone banks generally engage broader range securities activities abroad permitted domestically even domestically separation investment banking commercial banking envisioned eroded significantly with pedigree included goldman sachs council foreign relations cfr the bookings institution bilderberg group robert rubin emerged vice chairman citigroup overseeing merger well helping craft repeal serving secretary treasury rubin made fortune citigroup causing sharp criticism media within financial sector following crash here passage bloomberg regarding rubin aftermath banking collapse when collapsed due part policies rubin advocated made million others lost everything you view people fair light says phil angeles financial crisis inquiry commission credits rubin much prosperity but side ledger key acts deregulation derivatives stopping commodities futures trading commission regulating derivatives end weakened financial system exposed us risk financial disaster sworn fbi director james come sworn former doj head eric holder image source thewhitehousespin under microscopeover summer observed curious connections clinton foundation fbi director james come well questionable handling cases related clinton family here following passage consider light new information related clinton investigation many also unaware come installed obama administration fbi director board director hsbc bank bank implicated international money laundering including laundering billions behalf international drugs narcotics trafficking also points come also key case involving dodgy auditor km followed hsbc criminal case if come boss attorney general alberto gonzalez made different decision km back km would around miss illegal acts hsbc standard chartered staff committing watch bloomberg reported back june come man thrust position deciding whether km would live die criminal tax shelter violations in guardian discussed financial relationship hsbc clinton foundation receiving startling million donations clients large bank the charitable foundation run hillary clinton family received much wealthy international donors clients hsbc controversial swiss files hsbc swiss banking division reveal identities seven donors bill hillary chelsea clinton foundation accounts geneva a new update fbi investigation clinton foundation announced last hours addition recently reopened clinton email probe last week it remains seen new investigation call collusion would understatement when looking back financial affairs clinton goldman sachs others wall street clearer ever looking criminal more election news at century wire filessupport subscribe become a member