Clinton Super PAC Donor Is Former Goldman Exec and Foreclosure Crisis Profiteer

[INdemo]

When Bernie Sanders brought up Hillary Clinton’s prodigious fundraising from Wall Street at the Nov. 14 Democratic presidential debate, Clinton called it an attack on her “integrity.” And in an interview this week, she said that “anybody who thinks they can influence me on that ground doesn’t know me very well.”


Really Hillary?

One major donor to her Super PAC, Priorities USA, is Donald Mullen Jr., a man who was singularly able to profit from the financial crisis both before and after the crash of the housing bubble.

https://theintercept.com/2015/12/04/clinton-super-pac-donor-is-former-goldman-exec-and-foreclosure-crisis-profiteer/

And When the smoke Clears Hillary will find that a primary/caucus has to be won by the votes and not purchased by
Wall St.

Hillary Clinton Will Finish Third In Iowa, Behind Bernie Sanders and O'Malley. Here's Why

http://www.huffingtonpost.com/h-a-goodman/hillary-clinton-will-fini_b_8717248.html

[rhett o rick]

1. k & r. Thanks for posting. nm

[Live and Learn]

2. K&R nt

[Jarqui]

3. "such is the Wall Street circle of life"

http://nymag.com/daily/intelligencer/2012/07/goldman-mortgage-chief-gets-it-both-ways.html#
Now, the guy who led that team — the exact same guy! — is starting a hedge fund that will make money by buying up foreclosed-upon houses and renting them out for profit.

To make matters worse, Mullen, whose more recent activities have involved battling Alec Baldwin at Hamptons art auctions, was one of the Goldmanites whose e-mails were used by a congressional subcommittee to show the extent of Goldman's celebration at the housing market's collapse. From a 2010 Washington Post article:

In an e-mail sent in the fall of 2007, for example, Goldman executive Donald Mullen predicted a windfall because credit-rating companies had downgraded mortgage-related investments, which caused losses for investors.
"Sounds like we will make some serious money," Mullen wrote.

The bad news, of course, is that a guy whose most famous trade was a successful bet on the full-scale implosion of the housing market is now swooping in to pick up the pieces on the other end.

Alas, such is the Wall Street circle of life.

As Clinton cited her help of Wall street during 9/11 as the reason she accepted their donations, maybe Donald Mullen is donating in 2015 to thank Hillary for her part in the 2008 collapse!!

I don't understand why she continually allows herself to be sullied with these people.

[DebbieCDC]

4. This should come as no surprise

[Hepburn]

5. Whadda shock...NOT!

The 1% and Wall Street crooks flocking to Hillary? They know where where their pals are!

JMHO

[beerandjesus]

6. I'm sure they were grateful for her brave vote to ensure Saddam never dropped chemical weapons on us

She is a fighter, after all. And Saddam was all ready to go with those unmanned aerial drones.... you know, the ones that Hillary COULDN'T POSSIBLY HAVE HAD ANY IDEA existed only in the imaginations of the Bush War Council.

[Warren DeMontague]

7. Nine Eleven!

Nine Eleven!

[zentrum]

8. Vanity Fair Poll

There's a new reader's poll from Vanity Fair Magazine---December 2015, the one with Bill Murray on the cover. A cross section of Democratic and Repug readers no doubt. I know--not scientific, but it's findings may also be a warning.

Question : How would you feel if Hillary Clinton became the next president?
Like the idea: 33%
Hate the idea: 39 % (My emphasis added)
Let's wait for Chelsea: 12 %

The last is a smarmy joke of course but the 12% clearly belongs in the anti-Clinton column suggesting 51% are not enthusiastic about her.

Q: Which Clinton do you think is the most talented?
Bill: 38%
Hillary: 19%

She really doesn't represent much of a glass ceiling. Without him, she'd be nowhere politically. Probably an obscure, rich, corporate lawyer somewhere. She got on the name-recognition map because of a powerful, politically popular man.

Q: (What do you think of) the Clinton Foundation's acceptance of foreign donations while she was SOS?
Democrats say:
It's a conflict of interest: 34%
It's not relevant: 48 %
No opinion: 18%

Republicians say:
It's a conflict of interest: 82%
It's not relevant: 11%
No opinion: 7%

Good luck trying to peel off some of Repugs in the General. Which as I understand it, every Democratic candidate needs to do, unless they have a super strong support from the base. Which she doesn't.

Count me as one of the life-long Democratic women and activists who doesn't like her at all.

[slipslidingaway]

9. "A 2010 Senate investigation brought to light emails between Mullen and his Goldman colleagues...

As his colleagues began to see the decline of the market, Mullen wrote cheerfully, “Sounds like we will make some serious money.”

In 2012, Mullen left Goldman Sachs to do the opposite of what he did in 2007: He started a hedge fund, the purpose of which was to buy up foreclosed homes and rent them out. New York magazine’s Kevin Roose described the career change this way: “A guy whose most famous trade was a successful bet on the full-scale implosion of the housing market is now swooping in to pick up the pieces on the other end.”

Mullen gave $100,000 to Priorities USA Action on June 30. According to Federal Election Commission data, this is the largest single contribution he has made to any soft money organization in his giving history..."

https://theintercept.com/2015/12/04/clinton-super-pac-donor-is-former-goldman-exec-and-foreclosure-crisis-profiteer/

[Major Hogwash]

13. They just made a movie about scumbags like him.

Guys who helped the housing bubble pop, and then joined in after the calamity to buy the houses at much cheaper prices.

[slipslidingaway]

14. Yes, owners can now become renters and the 1% profit while claiming they care about the little guy:(

[Cheese Sandwich]

10. Oh my

[olddots]

11. these jokes keep writing themselves

Carry your bag mam ?

[Major Hogwash]

12. How much money does she need?

She is going to buy something with all of that money?