Daily Archives: January 24, 2016

Hillary Clinton: my speeches for Wall Street haven’t led to conflict of interest

Hillary Clinton has rejected suggestions that paid speaking engagements which she undertook for big Wall Street banks might create a conflict of interest, as the 2016 presidential primary season begins.

“I gave speeches to a wide array of groups,” the former secretary of state told NBC’s Meet the Press on Sunday, “from healthcare groups to auto dealers and many, many more.

“What they were interested in, because what we talked about was the world. Coming off of four years as secretary of State, in a complicated world, people were interested in what I saw, what I thought.”

That, she said, included “a lot of interest in the Bin Laden raid”.

“Americans who are doing business in every aspect of the economy want to know more about the world. I actually think it’s a good conversation to be having,” Clinton added.

Read on.

List of Hillary Clinton’s 92 private speeches in the past three years

 

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And Hillary Clinton’s final day as Secretary of State was February 1, 2013. From Zerohedge,the following list is of her 92 private speeches raking in $21.7 million in just the past three years.

Hillary Clinton Laughs When Asked if She Will Release Transcripts of Her Goldman Sachs Speeches

The Intercept:

After Hillary Clinton spoke at a town hall in Manchester, New Hampshire, on Friday, I asked her if she would release the transcripts of her paid speeches to Goldman Sachs. She laughed and turned away.

Clinton has recently been on the defensive about the speaking fees she and her husband have collected. Those fees total over $125 million since 2001.

Her rival Democratic presidential candidate, Bernie Sanders, has raised concerns in particular over the $675,000 she made from Goldman Sachs, an investment bank that has regularly used its influence with government officials to win favorable policies.

Saudi Arabia’s Secret Holdings of U.S. Debt Are Suddenly a Big Deal

  • Hiding data is “mind-boggling,” says former Treasury official
  • Saudi burns through $100 billion of reserves as strains emerge

It’s a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and mighty petrodollars: Just how much of America’s debt does Saudi Arabia own?

But now that question — unanswered since the 1970s, under an unusual blackout by the U.S. Treasury Department — has come to the fore as Saudi Arabia is pressured by plunging oil prices and costly wars in the Middle East.

In the past year alone, Saudi Arabia burned through about $100 billion of foreign-exchange reserves to plug its biggest budget shortfall in a quarter-century. For the first time, it’s also considering selling a piece of its crown jewel — state oil company Saudi Aramco. The signs of strain are prompting concern over Saudi Arabia’s outsize position in the world’s largest and most important bond market.

Read on.

Clinton, Sanders Play Up Wall Street Crackdown Plans

Both Hillary Clinton and Bernie Sanders made the case Saturday that the financial services industry wants to keep them out of the White House, fearing the tough regulatory measures they would impose if elected. Read More »

Richmond, CA Threatens Eminent Domain To Address Foreclosure Cri

RICHMOND (KCBS) – Richmond city leaders were moving ahead with a plan to head off the foreclosure crisis, a plan that is not without controversy.

The city has offered to buy more than 600 underwater mortgages at below the homes’ current value.

“If they are unwilling to negotiate a sale of the loans, which we want them to do, then we will consider using eminent domain as another option topurchase these loans at fair market value,” said Richmond Mayor Gayle McLaughlin.

Read on.