When Bill Clinton was president, he had his allies in Congress pass the Financial Services Modernization Act, which repealed the Glass Steagall law that separated commercial and investment banking. This resulted in a spree of mergers and growth that involved a huge growth in the size of the nation’s biggest banks and their profits.
It wasn’t long after this that longtime Clinton friend and leader of the Treasury Robert Rubin left the administration to go work for Citigroup, where he began earning around $10 million dollars a year. Once he left office, Bill Clinton was no stranger to giving speeches at events hosted and paid for by the big banks, with speaking fees starting around $125,000 an hour.
At the same time that Clinton was raking in cash on the bank-sponsored speaking circuit, Hillary was serving as a US Senator, where she actually voted in favor of George Bush’s bankruptcy bill that made it more difficult for struggling citizens to have their debts wiped out through bankruptcy. In other words, the legislation that Clinton favored – in spite of being warned about the impacts of the legislation by then-consumer advocate and law professor Elizabeth Warren – meant that people filing for bankruptcy would have their credit and basically their lives destroyed, but they still had to pay back the greedy bankers.
After she left the State Department, Hillary hit the speaking circuit like her husband, where she would get paid around $200,000 per speech by the big banks – her first two speeches were for Goldman Sachs. These banks also helped finance her Senate campaign, which is why she ignored Warren’s advice and voted in favor of the anti-consumer, pro-banker bankruptcy bill.
http://www.ringoffireradio.com/2015/05/hillary-and-wall-street-a-love-story/
Over the years Hillary Clinton was in the Senate, the financial industry paid millions of dollars to the couple's shared bank account. In 2004, Bill Clinton was paid a quarter million dollars to speak to Citigroup in Paris; the same year, Goldman Sachs paid him $125,000 for an address in New York City. The following year, Goldman paid him $125,000 for a speech in South Carolina, a quarter million to speak in Paris and $150,000 to speak in Greensboro, Georgia. This is just a small snippet of what the Clintons were paid.
As Secretary Clinton presided over our nation's foreign policy, her husband continued to rake in millions of dollars for the couple from domestic and foreign corporations.
In particular, foreign firms in favor of the Trans-Pacific Partnership paid her husband $1.5 million.
After departing the State Department, Hillary decided to join the lecture circuit herself. Although we don't have any comprehensive financial disclosures for 2013, it is telling that two of her first addresses were for the Goldman Sachs megabank, where she reportedly earned $200,000 per address.
In 2014, the year Clinton was elevated to an all-but-certain presidential candidate, the power couple brought in enormous amounts of money from Wall Street. Bill Clinton gave an address to Bank of America in London that netted $500,000. Recall that this was a bank that netted $45 billion from taxpayers, thanks to a bailout package Hillary supported. That's an 8,999,990 percent return on investment.
http://www.alternet.org/news-amp-politics/clintons-made-wall-street-richer-and-it-returned-favor
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