Ever since Hillary Clinton announced her bid for presidency, questions emerged about whether her close ties with Wall Street would come back to haunt her.
As it turns out, they did.
Just recently, during a CNN town-hall event, the Democratic presidential frontrunner struggled to answer a question about the six-figure paychecks she received from investment bank Goldman Sachs for several speeches.
Moderator Anderson Cooper asked Clinton if she regretted accepting $675,000 from Goldman Sachs for three speeches. Clinton gave a short and incredibly unimpressive reply.
"I don’t know. That’s what they offered," she said.
Adding to her weak defense, Clinton suggested at the time she did not think about the implications of her actions because she wasn't sure if she would run for president.
"When I was secretary of state, several times I said, 'You know, I think I’m done.' And so many people came to me, started talking to me," she said. "The circumstances, the concerns I had about the Republicans taking back the White House, because I think they wrecked what we achieved in the 90s with 23 million new jobs, I did not want to see that happen again."
“You didn’t think you were going to run for president?” Cooper asked.
“I didn’t,” Clinton further responded.
Predictably, not everyone was convinced.
Speaking fee question awkward terrain.#DemTownHall— David Axelrod (@davidaxelrod) February 4, 2016
Wow. Spectacularly bad answer on Goldman Sachs speeches, even though she must have known it was coming.— Kevin Drum (@kdrum) February 4, 2016
How does Hillary Clinton not have an answer for this "you took huge speaking fees" from Wall Street question?— Jackie Kucinich (@JFKucinich) February 4, 2016
Clinton may have had a successful run in the Iowa caucus, but her past ties with big investment banks — and now her butchered defense of it — could possibly have a detrimental effect on her support, especially when her primary (and only real) Democratic rival Bernie Sanders is thriving on donations from common, everyday Americans.
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