Goldman Sachs Paid Hillary $675,000 For This?

Investor's Business Daily ^ | 10/17/2016 | Staff

[IBD editorial writer]

aft: While Goldman Sachs was in the middle of laying off 1,700 workers in 2013, it decided to spend more than two-thirds of a million dollars on Hillary Clinton. And what did it get for its sizable investment? Very expensive pabulum.

On Saturday, WikiLeaks released the complete transcripts of Clinton's three appearances at Goldman Sachs events in the span of five months in 2013. These are the transcripts that Clinton adamantly refused to release during the primaries, when Bernie Sanders was calling for them to be made public.

At the time, pundits wondered if the speeches contained remarks that might undercut Clinton's support with the Democratic Party's increasingly leftist base. Was she too cozy with Wall Street? Did she promise them anything if elected? And so on.

But it turns out that Clinton was probably more concerned with the fact that that the transcripts would reveal how banal her remarks were. That would, in turn, raise questions about why Goldman Sachs was willing to part with so much money for three hours of mostly worthless clichés and bromides that bear little resemblance to the policies Clinton is pushing now.

[VitacoreVision]

Likely a Pay-to-Play Payment.

[pieceofthepuzzle]

Yeah, I’m working on my talk to Goldman Sachs. I’m planning on asking for only half that amount, and will tell jokes and do a finger puppet show.

[Flick Lives]

...why Goldman Sachs was willing to part with so much money for three hours of mostly worthless clichés

The "speech" provides cover to what is otherwise a payment in a protection racket run by the Clintons.

[boycott]

What could Hillary say that would be worth $675,000 to a Wall Street firm?

[SERKIT]

If you go to a gentlemen’s club and order a the $1,000 champagne, no one thinks you are ONLY getting champagne....or so I’m told.

[circlecity]

I’ve got a bridge to sell anyone who thinks GS was only buying a speech.

[Junk Silver]

We all know what Goldman Sachs paid Hillary for, just like we know what that Russian investment bank and Chinese Telecom firm were paying Bill for while Hillary was Secretary of State. “Speaking fees”. Right.

“Hey, I heard some woman claims Donald squeezed her leg 15 years ago. Make that our top story!”

[Helicondelta]

“so much money for three hours of mostly worthless clichés”

They were bribes obviously. Hillary is on the campaign trail doing speeches for free and hardly anybody shows up to see her. The market value of her speeches is close to zero.

[Liz]

Mezvinsky, who married Chelsea Clinton in 2010, founded the investment firm Eaglevale Partners two years later with the help of Goldman Sachs CEO Lloyd Blankfein, a prominent Hillary Clinton supporter. Billionaire investor and Democratic megadonor Marc Lasry was also an early investor in Eaglevale.

Since its inception, Eaglevale has posted what the New York Times described as “uneven performance.” Mezvinsky’s financial trouble is unlikely to concern wife Chelsea, who has said she could never bring herself to care about money. That didn’t stop her from turning down a $600,000 annual salary at NBC News to do basically nothing except interview the Geico gecko from time to time.

The money-losing couple lives in a luxury $10 million luxury condo in Manhattan’s trendy Flatiron District. Chelsea's hubby setting up a Greek bond fund with his financiers, Goldman Sachs. Secretary of State Hillary helped out-- allegedly sharing classified information to help her SIL.

Mezvinsky's $325 million basket of offshore funds under the Eaglevale Partners hedge fund lost tens of millions of dollars. Mezvinsky's exclusive Greek debt fund suffered near-total losses....and ended up shuttering the disastrous hedger.

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It takes a special kind of stupid for Mezvinsky to drop that much cash trading on good inside information ... then again, "special kid of stupid"....sure does describe the Mezvinsky family.......SIL's father did 10 years for scamming in an effort to get rich in a (it for it)...Nigerian deal.

[exDemMom]

Of course not. For that price, you also get the souvenir glass!

[Liz]

More on Clinton/HEDGE FUND SIL/Goldman

Clinton sought secret info on EU bailout plans as son-in-law's doomed hedge fund gambled on Greece
Fox News | July 03, 2016 | Peter Byrne / FR Posted by tired&retired

Hedge fund manager Marc Mezvinsky had friends in high places when he bet big on a Greek economic recovery, but even the keen interest of his mother-in-law, then-Secretary of State Hillary Clinton, wasn't enough to spare him and his investors from financial tragedy.

In 2012, Mezvinski, the husband of Chelsea Clinton, created a $325 million basket of offshore funds under the Eaglevale Partners banner through a special arrangement with investment bank Goldman Sachs.

The funds have lost tens of millions of dollars predicting that bailouts of the Greek banking system would pump up the value of the country’s distressed bonds.

One fund, exclusively dedicated to Greek debt, suffered catastrophic, near-total losses.

She as desperate to hide them, but newly released emails from 2012 show that Hillary and Clinton Foundation consultant, Sidney Blumenthal, shared classified information about how German leadership viewed the prospects for a Greek bailout.

Clinton also shared “protected” State Department information about Greek bonds with her husband at the same time that her son-in-law aimed his hedge fund at Greece.

That America’s top diplomat kept a sharp eye on intelligence assessing the chances of a bailout of the Greek central bank is not a problem. However, sharing such sensitive information with friends and family would have been highly improper.

Federal regulations prohibit the use of nonpublic information to further private interests or the interests of others. The mere perception of a conflict of interest is unacceptable. (Excerpt) Read more at foxnews.com ...

[Liz]

Secy Hillary kept a sharp eye on valuable US intelligence assessing the chances of a bailout of the Greek central bank b/c her SIL's hedge fund was heavily invested in Greece, and financed by Goldman Sachs.

Most egregiously, Hillary sucked-up to Mideast oil billionaires for her SIL...as the bodies of four Americans lay brutally murdered in Benghazi.

============================================

(Excerpt) Read more at judicialwatch.org ... On September 15, in a telephone call with then-Egyptian Foreign Minister Mohamed Amr, Secy Clinton emphatically portrayed the “stupid, very offensive film” as the root cause of the Benghazi violence.

Clinton told Amr, “I have repeatedly, as has the President and other officials in our government, deplored not only the content of this stupid, very offensive film… But we have to exercise more self-discipline… otherwise we’ll be in a vicious downward circle against everyone who has ever felt offended, particularly on the internet….”

After referring to Benghazi, Secy Clinton’s telephone call with then-Egyptian Foreign Minister Mohamed Amr also contained a curious reference to what the former secretary referred to as a “very successful investment visit led by my deputy Tom Nides, and on the very day they left, this series of incidents began to unfold.”

According to the Washington Post, Nides, who was deputy secretary for management and resources at the State Department, was at the same time responsible for “communications with donors” to the Clinton Foundation.

Nides was also involved in the earlier scandal involving Clinton’s efforts to provide special access to State Department officials for hedge fund clients of her son-in-law, Marc Mezvinsky ....who was financed by Goldman Sachs.

[Liz]

Then-US Sen Hillary made a special effort to make friends w/ Wall Street.

Then-US Sens Clinton and Corzine.

Corzine was fresh out of Goldman Sachs executive suite. Corzine came from Wall Street to Capitol Hill. Then back to Wall Street to head a company that hired Bill Clinton @ $50,000 per month, AND also misplaced $1.3 Billion investor dollars.

===============================================

Goldman Sachs top echelon are nuts for Hillary. The G/S biggies "invested" in Hillary's SIL's hedge fund. SIL's cockamamie investing turned the fund into an economic disaster according to the WSJ. It's been shuttered due to the huge losses in Greek debt investments.

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THE CLINTON CORZINE CONNECTION: The NY Post reported Dec 2011 that Teneo was advising MF Global, the doomed international brokerage firm headed by former New Jersey Gov. Jon Corzine (and ex-US Senator). The firm paid Teneo an eye-popping $125,000 a month as it was imploding and losing millions for its investors. Bill Clinton was also pocketing at MF Global--- an astounding $50,000 per month.

EXHIBIT ONE Corzine was fresh out of Goldman Sachs executive suite, buying his NJ Senate seat office for $65 million; then buying the NJ governorship. Out of office, he ran a hedge fund where $1.5 B went missing....its advisor Teneo was connected to both Bill Clinton and then-Secy of State Hillary's top aide Huma Abedin.

EXHIBIT TWO When Chelsea Clinton's husband started a hedge fund, he gained access to investors who had ties to the Clintons and to Goldman Sachs. Back in 2011, Mezvinsky, now 37, and two former Goldman Sachs'ers — Bennett Grau and Mark Mallon — began raising money for Mezvinsky's Eaglevale Partners LP hedge fund.

Some of Mezvinsky's "investors" included Goldman Sachs CEO Lloyd Blankfein. Blankfein, a slavish Democrat supporter, said he had "always been a fan of Hillary Clinton."

The WSJ reported extensively on the hedge fund's underperformance since its inception and Mezvinsky's mediocre investing and strategizing.

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THIS JUST IN---Bloomberg is reporting G/S's CEO Lloyd Blankfien is a newly-minted billionaire---and also has his own Foundation.

Mmmmmmmm....the sound of wire-transfers is almost palpable.

The IRS says the biggest tax evasion fraud is one Foundation writing a check to another Foundation. The check receiver takes a cut, then wire-transfers the bulk to an offshore bank for the check-writer's use later ----- the way these "humanitarians" skim off-tax free dollars for themselves.

[trebb]

Goldman Sachs.....I seem to recall hearing something about them over the last 8 months or so - just can’t put my finger on why they would be involved with Crooked Hillary who wants to stop the welfare going to such companies......

[freedomfiter2]

It’s just like Jeb’s bank job. It’s nothing less than bribery.

[tired&retired]

Chelsea’s father in law Edward Mezvinsky (per Wiki)

Beginning in the early 1990s, Mezvinsky used a wide variety of 419 scams. According to a federal prosecutor, Mezvinsky conned using “just about every different kind of African-based scam we’ve ever seen.”[11] The scams promise that the victim will receive large profits, but first a small down payment is required.

To raise the funds needed to front the money for the fraudulent investment schemes he was being offered, Mezvinsky tapped his network of former political contacts, dropping the name of the Clinton family to convince unwitting marks to give him money.[12]

In March 2001, Mezvinsky was indicted and later pleaded guilty to 31 of 69 felony charges of bank fraud, mail fraud, and wire fraud.[13] Nearly $10 million was involved in the crimes. Shortly after his indictment, he was diagnosed with bipolar disorder, but the judge at his trial disallowed a mental illness defense.[5] He entered prison in February 2003, and served his time at Federal Prison Camp, Eglin.[14] Mezvinsky, Federal Bureau of Prisons # 55040-066, was released in April 2008, after 5 years.[15]

He remained on federal probation until 2011, and as of 2010 still owed $9.4 million in restitution to his victims.[16]

[tired&retired]

“he was diagnosed with bipolar disorder”

Like all psychological disorders, bipolar disorder is a complex condition with multiple contributing factors, including: Genetic: Bipolar disorder tends to run in families, so researchers believe there is a genetic predisposition for the disorder.

[Wolfie]

GS didn’t pay for a speech, they paid for access and favors once she’s in the White House.

[Twinkie]

Bribe