She’s been fairly cagey about this issue, eager to assuage both sides. Where Obama blamed Wall Street—not inaccurately—for behavior that caused the 2008 financial crisis and championed new Wall Street regulations like the Volcker Rule and the 2010 Dodd-Frank law that really stick in the craw of money men—all while presiding over a veritable profit boon for the financial industry—Clinton said hardly a word on the topic of Wall Street shenanigans.

Her nascent populism has only appeared in the last year or so, as the Elizabeth Warren movement took off. For instance, in a speech at the progressive New America Foundation, she spoke about the dangers of the growing inequality in the country. “Americans are working harder, contributing more than ever to their companies’ bottom lines and to our country’s total economic output, and yet many are still barely getting by, barely holding on, not seeing the rewards that they believe their hard work should have merited,” she said. “And where’s it all going? Well, economists have documented how the share of income and wealth going to those at the very top—not just the top one percent, but the top one-tenth percent or the top-hundredth percent of the population—has risen sharply over the last generation. Some are calling it a throwback to the Gilded Age of the Robber Barons.”

She also lamented how government regulators had “neglected their oversight” of Wall Street and “allowed the evolution of an entire shadow banking system that operated without accountability.”

Asked about these issues, Clinton’s spokesman Nick Merrill is quick to point out times she has called for more regulation—an eagerness that underscores how the Clinton operation wants to appear populist even as it collects the Wall Street money. Merrill noted that back in March 2008, as a presidential candidate, she called for “much more vigorous government oversight and enforcement of the subprime mortgage market.” He also said that she staked out positions, in the year or so before the financial crisis hit, on reducing or eliminating the carried interest of private equity partners being taxed at capital gains rates; on a financial transaction tax; and on repatriating overseas income by U.S. corporations. In a 2007 press release from her campaign, for example, Clinton declared: “Our tax code should be valuing hard work and helping middle class and working families get ahead. It offends our values as a nation when an investment manager making $50 million can pay a lower tax rate on her earned income than a teacher making $50,000 pays on her income. As president I will reform our tax code to ensure that the carried interest earned by some multi-millionaire Wall Street managers is recognized for what it is: ordinary income that should be taxed at ordinary income tax rates.” Clinton said she would use the funds generated by the tax change—which some have estimated at $4 to $6 billion per year—to invest in middle-class and working families.

There’s no question, when and if she decides to run, that she’s going to have an incredible support foundation from Wall Street.”

Yet all of these efforts seem at best a combination of campaign trail rhetoric or minor tweaks around the edges—rather than the wholesale change that an Elizabeth Warren-type populist would want to impose on the financial industry.

Probably the best answer to the question of what Clinton will do to Wall Street comes from Wall Street’s own support of her. Wall Street executives, bankers and traders have already shown their hand in support of the two Clintons individually as well as of the causes they care about most deeply—money they wouldn’t contribute if they thought her political future would be detrimental to their economic future. And, in return, one thing we know about the Clintons: They value loyalty profoundly. They are unlikely to turn their backs on the banks, especially since it seems highly unlikely that Warren will mount the kind of outsider challenge to Hillary in 2016 that Barack Obama did in 2008. Instead, Clinton will find ways to work with Wall Street on issues it cares about, rather than vilifying it for political gain.

Democratic pollster Douglas Schoen says that Hillary’s hope is that she can use supposed slips like the one in Boston to appeal just enough to the liberal wing of the Democratic party to ward off Warren, who offers a “far more resonant message with the Democratic base than Hillary’s.” Without a strong national ground organization and a strong financial network, Warren’s message alone won’t get her very far, but the Clintons want to avoid repeating the mistakes of 2008, when an idealism-based campaign derailed her inevitability campaign.

She will also have much of her former opponent’s network behind her again in 2016. Robert Wolf, the former president of UBS’ investment bank who now has his own advisory boutique, 32 Advisors, has long been described as Obama’s BFF (Best Friend in Finance), and although he has little direct involvement with Clinton or her campaign team, he plans to support her fully when the time comes. He is one of the hosts of a December 16 gala in New York City where she will be honored. By his rough calculus, six in 10 Wall Street types are Democrats, three are Republicans and just one is independent. He predicts that the independents, who voted for Obama in 2008 and then defected to Romney in 2012, will return to Clinton in 2016. As he says, “There’s no question, when and if she decides to run, that she’s going to have an incredible support foundation from Wall Street.”

As we have all seen repeatedly, Wall Street often gets what Wall Street wants. Will it get a President Hillary Clinton, and will she be the president Wall Street expects?