July 18, 2015

Reminded Of Past Contributions, Hillary Clinton Drops HSBC Mention

It took less than a week for Hillary Clinton to remove mentions of Clinton Foundation donors from her stump speech. On Monday, Clinton attacked HSBC for criminal activity:

CLINTON: “Stories of misconduct by individuals and institutions in the financial industry are shocking. HSBC allowing drug cartels to launder money, five major banks pleading guilty to felony charges for conspiring to manipulate currency exchange and interest rates. There can be no justification or tolerance for this kind of criminal behavior. And while institutions have paid large fines and in some cases admitted guilt, too often it has seemed that the human beings responsible get off with limited consequences or none at all, even when they have already pocketed the gains. This is wrong, and on my watch it will change. ”

However, Clinton has profited from HSBC. She was once invested in the bank, her husband was paid to give a speech to the bank, and her foundation received donations from it. And her campaign has already received over $4,000 from HSBC employees.

And tonight, Clinton dropped the name from her speech:

CLINTON: “I mean you know the stories, the stories of misconduct in the financial industry are shocking. Allowing drug cartels to launder money. Conspiring to manipulate interest rates. There can be no justification or tolerance for this kind of criminal behavior.”