Politics

DNC Leak Exposes Possible Pay-to-Play and Insider Trading

Guccifer 2.0 leaks Democratic Party emails ranging from the unsavory to the possibly criminal

Yet another new wave of hacked Democratic National Committee emails has come crashing down on the Clinton campaign, courtesy of WikiLeaks and the hacker Guccifer 2.0.

The new batch of emails appear to contain damaging revelations, including documents that suggest Democrats openly engaged in pay-to-play bargains, awarding important diplomatic positions to high-rolling donors.

As if a thriving pay-to-pay scheme weren’t bad enough, the latest DNC leaks also include a file which suggests possible insider trading and securities fraud.

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Included in the leaks is a spreadsheet that appears to list a number of donors, the amounts of money they raised, and the ambassadorships and other positions they hold or held — and may have been awarded for their efforts.

These include Matthew Barzun, current ambassador to the United Kingdom, who raised over $3.5 million for the DNC; Frank Sanchez, former undersecretary of Commerce, who paid over $3.4 million; and Eileen Chamberlain Donahoe, who paid more than $2 million for an ambassadorship to the U.N.

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Another DNC email leaked previously showed one staffer requesting “a very brief call to go over our process for handling donations from donors who have given us pay-to-play letters.” We now know that process ends with a cushy job in blatant violation of the Pendleton Civil Service Reform Act.

As if a thriving pay-to-pay scheme weren’t bad enough, the latest DNC leaks also include a file that suggests possible insider trading and securities fraud, according to independent journalist Matt Forney. A file called “CNBC” contains three files with information on various stocks and equities.

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One of the spreadsheets lists earning predictions, which, according to a source quoted by Forney, are unusually accurate. “There is no way it’s just analysts’ opinions for that earnings spreadsheet, every friend he has on the Street would kill to be as accurate as they [the DNC] almost always were. This is insider trading for sure,” the source is quoted as saying.

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The information in the new batch of leaks goes from damaging to simply embarrassing. In one email, current DNC Communications Director Luis Miranda complains about the bad optics that occur when George Soros and the Democrats’ union allies don’t come through with providing their normal rent-a-protest crowds.

“Going forward, when our allies screw up and don’t deliver bodies in time, we either send all our interns out there or we stay away from it … we don’t want to own a bad picture,” it reads.

After the latest round of DNC leaks, it will be hard for the Democratic Party to own anything else.

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