Later that year, in a speech to Goldman Sachs , she discussed the need for balance in regulating the financial industry — “too much is bad, too little is bad,” she said — and suggested striking it by working with industry leaders: “The people that know the industry better than anybody are the people who work in the industry.” At several points, Clinton nods toward the value of offering a public line more skeptical of business. For example, she told a Deutsche Bank audience in 2014 that those shaping financial markets have to command trust and confidence, adding, “So even if it may not be 100 percent true, if the perception is that somehow the game is rigged, that should be a problem for all of us, and we have to be willing to make that absolutely clear.”
After all, in order to do the unsavory work of cutting a political deal, she said in another talk, “you need both a public and a private position.” It’s possible Clinton shaded these private remarks to appeal to audiences that paid a lot to hear them. But they nevertheless signal, as our October cover explained, her core instincts are more moderate than the rhetoric she’s adopted for this campaign.
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