The Hillary Clinton-Goldman Sachs Connection: New at Reason

Hillary Clinton is heading into the general election with a strong signal that she won’t be put off by Sen. Bernie Sanders’ attacks on her hundreds of thousands of dollars in fees for secret speeches to Goldman Sachs. She’s upping the ante by deploying, as her top economic spokesman, Gene Sperling—a man who was reportedly paid $887,727 by Goldman Sachs in 2008, purportedly for advising on the firm’s charitable giving. Clinton’s campaign has issued no less than five press releases or advisories this month giving headline treatment to Sperling. It has also been using Sperling as a critic of the likely Republican presidential candidate, Donald Trump.

The situation is also likely to stoke cynicism, as Clinton campaigns promising to “rein in Wall Street” while she and her team have collected so much money from Goldman. But to those who believe in free enterprise and who don’t believe that all banks and bankers are bad guys, the Clinton-Goldman connection might be imagined, at best, to be somewhat reassuring (like her ties to Walmart), writes Ira Stoll. At least Clinton thinks of bankers as real people rather than as demonic caricatures.

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