This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at https://www.theguardian.com/us-news/2016/oct/16/wikileaks-hillary-clinton-wall-street-goldman-sachs-speeches

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
Wikileaks: Clinton avoided criticism of Wall Street in Goldman Sachs speeches Wikileaks: Clinton avoided criticism of Wall Street in Goldman Sachs speeches
(35 minutes later)
Hillary Clinton avoided direct criticism of Wall Street as she examined the causes and responses to the 2008 financial crisis during a series of paid speeches to Goldman Sachs, according to transcripts released by WikiLeaks.Hillary Clinton avoided direct criticism of Wall Street as she examined the causes and responses to the 2008 financial crisis during a series of paid speeches to Goldman Sachs, according to transcripts released by WikiLeaks.
Three transcripts, released Saturday as part of the hack of her campaign chairman’s emails, did not contain any damning revelations showing she was unduly influenced by contributions from the banking industry, as her Republican opponent Donald Trump has said. Still, her soft-handed approach in the speeches may remind liberals of fears, raised by her former Democratic rival Bernie Sanders, that party’s nominee is too close to Wall Street to be an effective check on its excesses if elected. Three transcripts, released Saturday as part of the hack of her campaign chairman’s emails, did not contain any damning revelations showing she was unduly influenced by contributions from the banking industry, as her Republican opponent Donald Trump has said. Still, her soft-handed approach in the speeches may remind liberals of fears, raised by her former Democratic rival Bernie Sanders, that the party’s nominee is too close to Wall Street to be an effective check on its excesses if elected.
In October 2013, the transcripts show, Clinton told bankers she had “great relations” and worked closely with Wall Street as New York’s senator, and said “the jury is still out” on whether the Dodd-Frank financial reforms, enacted after the crisis, were appropriate. She said more openness from the start could have prevented the uproar on Wall Street over those reforms.In October 2013, the transcripts show, Clinton told bankers she had “great relations” and worked closely with Wall Street as New York’s senator, and said “the jury is still out” on whether the Dodd-Frank financial reforms, enacted after the crisis, were appropriate. She said more openness from the start could have prevented the uproar on Wall Street over those reforms.
“What happened, how did it happen, how do we prevent it from happening? You guys help us figure it out, and let’s make sure that we do it right this time,” she told the bankers, according to the transcripts.“What happened, how did it happen, how do we prevent it from happening? You guys help us figure it out, and let’s make sure that we do it right this time,” she told the bankers, according to the transcripts.
Working to relate her speech to her audience, Clinton likened her experience as secretary of state to finance, saying “it’s like anybody’s balance sheet”, with both opportunities and potential liabilities. In one exchange, a conference participant from Texas told Clinton that she had “the honor to raise money for you” during her 2008 presidential campaign. Working to relate her speech to her audience, Clinton likened her experience as secretary of state to finance, saying: “It’s like anybody’s balance sheet,” with both opportunities and potential liabilities. In one exchange, a conference participant from Texas told Clinton that she had “the honor to raise money for you” during her 2008 presidential campaign.
Clinton responded, “You are the smartest people.” Clinton responded: “You are the smartest people.”
In the hard-fought Democratic primary, Sanders repeatedly called on Clinton to release the transcripts of her speeches to Wall Street, some of which earned her hundreds of thousands of dollars apiece. In an ironic twist, the transcripts ended up becoming public because her campaign aides had distributed them among themselves in an effort to prepare for any attacks she might face. Those internal campaign emails were then leaked in the hack of campaign chairman John Podesta’s emails. In the hard-fought Democratic primary, Sanders repeatedly called on Clinton to release the transcripts of her speeches to Wall Street, some of which earned her hundreds of thousands of dollars. In an ironic twist, the transcripts ended up becoming public because her campaign aides had distributed them among themselves in an effort to prepare for any attacks she might face. Those internal campaign emails were then leaked in the hack of campaign chairman John Podesta’s emails.
Clinton’s campaign neither confirmed nor denied that the speech transcripts and leaked Podesta emails are authentic. Clinton’s team has accused Russia’s government of hacking Podesta’s emails, and the Obama administration has formally blamed Moscow for a series of breaches affecting US political groups. Clinton’s campaign neither confirmed nor denied that the speech transcripts and leaked Podesta emails were authentic. Clinton’s team has accused Russia’s government of hacking Podesta’s emails, and the Obama administration has formally blamed Moscow for a series of breaches affecting US political groups.
“There is no getting around it: Donald Trump is cheering on a Russian attempt to influence our election through a crime reminiscent of Watergate, but on a more massive scale,” said Clinton spokesman Glen Caplin. “There is no getting around it: Donald Trump is cheering on a Russian attempt to influence our election through a crime reminiscent of Watergate, but on a more massive scale,” said a Clinton spokesman, Glen Caplin.
The transcripts, all from 2013, include speeches and question-and-answer sessions with Clinton at a Builders and Innovators Summit, an Alternative Investment Management Summit and a gathering of CEOs all hosted by Goldman Sachs. The transcripts, all from 2013, include speeches and question-and-answer sessions with Clinton at a Builders and Innovators Summit, an Alternative Investment Management Summit and a gathering of CEOs, all hosted by Goldman Sachs.
In another speech, Clinton said that after 2010 leak of US diplomatic cables, she had to go on an “apology tour” while serving as Barack Obama’s secretary of state.In another speech, Clinton said that after 2010 leak of US diplomatic cables, she had to go on an “apology tour” while serving as Barack Obama’s secretary of state.
In those cables US officials and diplomats characterized some foreign leaders as “vain, egotistical, power hungry, corrupt. And we knew they were. This was not fiction”. In those cables, US officials and diplomats characterized some foreign leaders as “vain, egotistical, power hungry, corrupt. And we knew they were. This was not fiction.”
“I had grown men cry,” Clinton recalled. “I mean, literally. ‘I am a friend of America, and you say these things about me?”’ “I had grown men cry,” Clinton recalled. “I mean, literally. ‘I am a friend of America, and you say these things about me?’”
Clinton said she apologized to world leaders by saying ambassadors “get carried away, they want to all be literary people”. Clinton said she apologized to world leaders by saying ambassadors “get carried away – they want to all be literary people”.
Lloyd Blankfein, CEO of Goldman Sachs, then told Clinton that she had put on “an Italian accent”.Lloyd Blankfein, CEO of Goldman Sachs, then told Clinton that she had put on “an Italian accent”.
“Have a sense of humor,” Clinton replied.“Have a sense of humor,” Clinton replied.
“And so you said, Silvio,” Blankfein answered, alluding to then Italian prime minister Silvio Berlusconi. “And so you said, Silvio,” Blankfein answered, alluding to the then Italian prime minister, Silvio Berlusconi.
She praised other leaders, including Chinese president Xi Jinping, who had assumed power in the fall of 2012. Clinton described Xi as “a more sophisticated, more effective public leader” than his predecessor, Hu Jintao, and said that he can “work a room”. She praised other leaders, including Chinese president Xi Jinping, who had assumed power in the fall of 2012. Clinton described Xi as “a more sophisticated, more effective public leader” than his predecessor, Hu Jintao, and said that he could “work a room”.
“You can have him make small talk with you, which he has done with me,” she said.“You can have him make small talk with you, which he has done with me,” she said.
Clinton also told bankers that she would have liked to see the US intervene in Syria “as covertly as is possible” – and complained about reports to the press.Clinton also told bankers that she would have liked to see the US intervene in Syria “as covertly as is possible” – and complained about reports to the press.
“We used to be much better at this than we are now,” she said. “Now, you know, everybody can’t help themselves. They have to go out and tell their friendly reporters and somebody else: Look what we’re doing and I want credit for it.” “We used to be much better at this than we are now,” she said. “Now, you know, everybody can’t help themselves. They have to go out and tell their friendly reporters and somebody else: look what we’re doing and I want credit for it.”