Unease at Clinton Foundation Over Finances and Ambitions

[Ptarmigan]

Unease at Clinton Foundation Over Finances and Ambitions
http://www.nytimes.com/2013/08/14/us/politics/unease-at-clinton-foundation-over-finances-and-ambitions.html?_r=0

Soon after the 10th anniversary of the foundation bearing his name, Bill Clinton met with a small group of aides and two lawyers from Simpson Thacher & Bartlett. Two weeks of interviews with Clinton Foundation executives and former employees had led the lawyers to some unsettling conclusions.

The review echoed criticism of Mr. Clinton’s early years in the White House: For all of its successes, the Clinton Foundation had become a sprawling concern, supervised by a rotating board of old Clinton hands, vulnerable to distraction and threatened by conflicts of interest. It ran multimillion-dollar deficits for several years, despite vast amounts of money flowing in.

And concern was rising inside and outside the organization about Douglas J. Band, a onetime personal assistant to Mr. Clinton who had started a lucrative corporate consulting firm — which Mr. Clinton joined as a paid adviser — while overseeing the Clinton Global Initiative, the foundation’s glitzy annual gathering of chief executives, heads of state, and celebrities.

If you cannot access NY Times, here is another link at Breitbart.

NY Times : Clinton Foundation Rife With Cronyism
http://www.breitbart.com/Big-Government/2013/08/14/NY-Times-Clinton-Foundation-Rife-With-Cronyism

On Wednesday, the New York Times ran a blistering investigative report revealing the Clinton Foundation as a nonprofit rife with crony capitalist conflicts of interest and multi-million dollar deficits despite raking in at least $492 million from 1997 to 2007.

In 2007 and 2008, the Clinton Foundation, which is soon to be renamed the “Bill, Hillary, & Chelsea Clinton Foundation,” ran a $40 million deficit. Last year, it ran a deficit of over $8 million despite the Foundation and two subsidiaries generating $214 million in revenues.

Hillary Clinton plans to relocate her offices to the Foundation’s Manhattan headquarters in the weeks to come. Former White House press secretary Joe Gibbs said Clinton planned to use the Foundation as a “launching pad into 2016,” a reference to her potential presidential run.

Looks bad for Clinton Foundation.

[CG6468]

Looks bad for Clinton Foundation.

Damn! Think we should set up a benefit for them?     

[J P Sousa]

Is the New York Times being guest edited by Rush Limbaugh? Today it runs with a fascinating takedown of the Clinton Foundation – that vast vanity project that conservatives are wary of criticising for being seen to attack a body that tries to do good

http://blogs.telegraph.co.uk/news/timstanley/100231113/the-new-york-times-takes-down-the-clinton-foundation-this-could-be-devastating-for-bill-and-hillary/

 
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[Dori]

So you have to ask yourself; "why would the NYT's dish dirt on the Clintons?"

[CG6468]

So you have to ask yourself; "why would the NYT's dish dirt on the Clintons?"

I wondered about that too. Maybe they don't want Billary to run for president.

[thundley4]

Damn! Think we should set up a benefit for them?     

Wishadoo fundraiser?

[marv]

Hmmm, must be a 501(c)(4).

[JohnnyReb]

Hmmm, must be a 501(c)(4).

They don't need 501(c)(4) status....they are democrats.....they are the Clintons....they were the president.....they are special....they don't pay taxes anyway.

[CG6468]

Wishadoo fundraiser?

A dumbodoo fundraiser. Full of shit.