That’s the Clinton trick — making lots of money while appearing not to care about making money or even to know much about business. It’s a feat, an illusion.
And if Goldman Sachs can manage to learn from the Clintons how to convey the appearance of global do-gooders while at the same time generating this sort of cash-flow, then whatever speaking fee the firm paid Mrs. Clinton will be worth every penny.
It wouldn’t be the first time that Goldman tried to capture some of that Clinton image magic. The firm paid Gene Sperling, who had served as an economic policy aide in the Clinton administration, a reported $887,727 in 2008 for “advice on charitable giving.” At that rate, a half-million for Hillary is a bargain for Goldman Sachs.
To be sure, Goldman’s mission of serving clients and shareholders is different from the Clinton mission, if she runs for president, of serving the public. But just as Goldman clients may sometimes wonder if their interests or the firm’s come first, Americans may sometimes wonder if their interests or the Clintons’ own come first. Sometimes the interests are aligned, but when they aren’t, watch out.