Hillary Clinton faced some serious attacks from Bernie Sanders for her coziness with Wall Street during the Democratic debate Saturday night.
Clinton claimed that she has been tough on Wall Street in the past.
“I went to Wall Street in December of 2007—before the big crash that we had,” Clinton said. “I basically said, ‘Cut it out! Quit foreclosing on homes! Quit engaging in these kinds of speculative behaviors.’”
Her lead opponent Sen. Bernie Sanders (I-VT) did not let her get away with playing off this soft slap on the wrist as tough talk.
“Not good enough,” Sanders said. ““Why do — why, over her political career, has Wall Street been a major — the major — campaign contributor to Hillary Clinton? You know, maybe they’re dumb and they don’t know what they’re going to get, but I don’t think so. Why do they make millions of dollars of campaign contributions? They expect to get something. Everybody knows that. Once again, I am running a campaign differently than any other candidate. We are relying on small campaign donors, 750,000 of them, 30 bucks a piece. That’s who I’m indebted to.”
Clinton has some of the biggest Wall Street names like Tom Nides, Larry Summers and Robert Rubin managing her campaign finances and Clinton took $200, 000 for a speech to Wall Street investment bank Goldman Sachs in 2011. One of many such investments Wall Street has made in Hillary Clinton.
In total, Hillary Clinton’s campaign has taken $824,402 from Citigroup, $760,740 from Goldman Sachs, $696,456 from JPMorgan, and $636,564 from Morgan Stanley.
Clinton then went on to defend her closeness to Wall Street by invoking 9/11.
“So I — I represented New York, and I represented New York on 9/11 when we were attacked,” she said. “Where were we attacked? We were attacked in downtown Manhattan where Wall Street is. I did spend a whole lot of time and effort helping them rebuild. That was good for New York. It was good for the economy, and it was a way to rebuke the terrorists who had attacked our country.”
There was immediate Backlash to Hillary Clinton’s 9/11 comments.
The Republican Party was quick to jump on Hillary for using 9/11 to defend her connections to Wall Street.
“You reached a new low tonight by using 9/11 to defend your campaign donations,” wrote RNC Chairman Reince Priebus on Twitter.
Sanders, who many have said won the debate, had the harshest words for Hillary and Wall Street.
[Politico] [Reuters] [Wall Street Journal]
“She’s the senator from New York,” Sanders said. “She worked—and many of us supported you—in trying to rebuild that devastation. But at the end of the day, Wall Street today has enormous economic and political power. Their business model is greed and fraud. And for the sake of our economy, they must, the major banks must be broken up.”