Wall St. powerhouse Goldman Sachs bans partners from donating to Trump, but donating to Hillary is fine

[sharenow]

Looks like there is little doubt which candidate investment firm Goldman Sachs is collectively pulling for in this presidential election. The company just released a memo banning its partners from donating to the Donald Trump campaign. But apparently donating to Hillary is just fine.

The memo announcing the new policy informed all partners that they are not allowed to give campaign donations to the Trump campaign.

“According to a memo, the policy prohibits ‘contributions to candidates running for state and local offices, as well as sitting state and local officials running for federal office’ — meaning donations to Trump would be prohibited due to running mate Mike Pence being the sitting governor of Indiana,” Fox News reported.

The memo insisted the new rule which was set to kick in on September first is meant to protect employees against charges of pay-to-play corruption, Fox said.

But as Trump’s campaign is specifically mentioned as a banned recipient of campaign donation, the Clinton/Kaine campaign is not prohibited despite the fact that Tim Kaine, Hillary’s vice presidential running mate, is a U.S. Senator from Virginia.

But perhaps this anti-Trump rule shouldn’t be so surprising. As Breitbart News reports, Goldman Sachs’ CEO Lloyd Blankfein has been a huge Clinton supporter since she first began to run for the U.S. Senate.

Not only did Blankfein recently donate $2,700 to Hillary’s campaign, he gave deeply to help keep afloat Chelsea Clinton’s husband’s failing hedge fund. Goldman Sachs employees have also given a whopping $711,490 to Clinton’s various political campaigns since 2001. And then there were the hundreds of thousands given to Bill and Hillary and their purported charity.

Goldman Sachs and Blankfein have showered Bill and Hillary with cash. As The Intercept reported, since 2010 Blankfein “paid Hillary Clinton $675,000 in personal speaking fees, paid Bill Clinton $1,550,000 in personal speaking fees, and donated between $250,000 and $500,000 to the Clinton Foundation.”

Yes, it certainly doesn’t look like there is any doubt which candidate Goldman Sachs is pulling for.

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