NYU's Michael Steinhardt, Wall Street and Golan Heights Oil Connection: Part 8

NYU Trustee Steinhardt’s Historic Bill Clinton-DLC Connection

Although Steinhardt supported right-wing Republican presidential candidates like Barry Goldwater during the 1960s, in the mid-1980s’ he “got seriously involved in the…Democratic Leadership Council” [DLC] that promoted former Arkansas Governor Bill Clinton’s 1992 campaign for the Democratic Party nomination, according to No Bull. As Wall Street speculator Steinhardt recalled in the same 2001 autobiography:

“…The phrase `moderate Democrat,’ `centrist Democrat,’ and `new Democrat’ all evolved from the DLC. I soon became, by far, the DLC’s largest financial contributor, donating a minimum of $250,000 per year for nearly 10 years. Early on, I became its legal chairman…I also became chairman of the DLC’s think tank, the Progressive Policy Institute…The Board of Trustees of the DLC held regular meetings in Washington, D.C. which I chaired…”

“I met Bill Clinton for the first time in my apartment…Not too long after that first meeting, Clinton began calling me from time to time, late in the evening…We would talk about contemporary issues impacting either the Democratic Party or the DLC…”

(end of part 8)