Hillary Clinton from The Intercept on Vimeo.

Democratic presidential candidate Hillary Clinton laughed and turned away when Intercept reporter Lee Fang asked if she would release transcripts of her paid speeches to Goldman Sachs.

Fang reports:

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.

During one of her paid speeches to Goldman Sachs, Clinton reportedly reassured the crowd and told them that banker-bashing was unproductive and foolish, according to a Politico report based on accounts offered by several attendees. […]

When asked by the Des Moines Register on Thursday if she regretted her decision to make money from speaking to various interest groups, Clinton compared herself to President Barack Obama, noting that significant campaign donations from Wall Street did not stop him from passing the Dodd-Frank reform law.

But the Obama administration did in fact go easy on Wall Street by refusing to criminally prosecute the major financial institutions responsible for the 2008 economic crisis. And Dodd-Frank, many critics say, does not go far enough in preventing systemic risk.

What’s more, though Obama fundraised for his presidential campaigns from Wall Street, he never enriched himself personally as the Clintons have done.

Read more here.

— Posted by Alexander Reed Kelly.

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