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Prior to the financial crisis, banks were not a subject of political or public ire or focus. They were just companies. The biggest banks were east-coast and west-coast behemoths. When they lobbied, it was largely in coordination with the nation’s smaller community banks. While the smaller community banks have historically represented the political spectrum of the communities they serve, the Too-Big-To-Fail (TBTF) banks were aligned with Democrats, being headquartered in the “bluer” states of New York and California. As a result, the Democrats, and especially the Clintons, have always relied on the big banks to support their agenda, and in turn, they have enthusiastically supported the big bank’s agenda.
Roger Stone - Big Banks Own The Clintons
Roger Stone - Big Banks Own The Clintons