William Black: Bankers Enlist Political Allies
on Sunday, February 8, 2015William Black @WilliamKBlack Money Quote saying at an Irish #bankinginquiry that banksters will fight legal challenges using political cronies they’ve financed. William Black said:
“If you bring cases against powerful bankers, they will enlist their political allies and they will give very large political contributions to do that” — William Black
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In this quote, William Black is referring to the influence that powerful bankers can wield in the political system. He suggests that if legal cases are brought against bankers for their actions, they will use their political connections and make substantial donations to politicians to prevent accountability.
Black implies that bankers will lobby allies in government and make large campaign contributions to protect their interests. His view is that bankers have the means to enlist help from elected officials to avoid legal consequences through political pressure and financing political campaigns.
The quote reflects Black’s perspective that bankers can leverage their economic power and status to gain influence over the political process when their interests are threatened.
Birthday: July 10, 1723 – Death: February 14, 1780
Daryl Cagle of CagleCartoons.com
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