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Rumor Mill News Reading Room, Current Archive

Memo Shows What Major Donors Like Goldman Sachs Want From Democratic Party

Posted By: NaturalWisdom
Date: Tuesday, 11-Oct-2016 21:33:28

In Response To: Just the tip of the Clinton Corruption iceburg? (glasc)

Memo Shows What Major Donors Like Goldman Sachs Want From Democratic Party
Lee Fang and Zaid Jilani | The Intercept
Oct 11, 2016
Click here

[snip]

Wall Street donors have used their financial relationship with the Democratic Party to complain bitterly about Sen. Elizabeth Warren’s, D-Mass., influence over the direction of the party, a new fundraising document reveals. At one point, the Democratic lawmaker in charge of raising cash for House Democrats attempted to reassure donors by pointing to a news story claiming that Warren does not speak for the party.

The document, a fundraising summary compiled by the Democratic Congressional Campaign Committee, provides a window into the relationship between the Democrats and major interest group donors. The party held meetings with donors such as Goldman Sachs and General Electric and carefully compiled their concerns, even when they whined about core progressive goals. It’s an awesome example of how money greases the wheels of Washington, D.C.

The notes were compiled on behalf of Rep. Ben Ray Luján, D-N.M., the chair of the DCCC, providing a summary of his fundraising meetings with various corporate and union donors. The DCCC did not respond to a request for comment.

The nine-page document was found in a cache of files published last week by “Guccifer 2.0,” the anonymous hacker who has been accused by the Department of Homeland Security of having ties to the Russian government.

Goldman Sachs lobbyists Michael Paese and Joyce Brayboy complained to Luján that his party’s “rhetoric is problematic” and that they “don’t like Warren’s messaging,” a reference to populist Sen. Elizabeth Warren. Brayboy was a so-called “superdelegate” and at-large member of the Democratic National Committee. Warren, notably, has pushed her party to take a more aggressive stance on regulating the financial industry and prosecuting Wall Street crimes criminally.


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Articles In This Thread

Just the tip of the Clinton Corruption iceburg?
glasc -- Tuesday, 11-Oct-2016 20:33:47
Memo Shows What Major Donors Like Goldman Sachs Want From Democratic Party
NaturalWisdom -- Tuesday, 11-Oct-2016 21:33:28

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AN EXPLANATION OF THE FACTIONS