Scandal: Hillary Clinton must be glad the election is only 11 days away, because every day we learn more about the depth of sleaze and corruption of the Clinton Foundation.
The Foundation has been under suspicion for more than a year for being a "pay to play" operation while Hillary was Secretary of State, in which governments and big wigs gave money to the Clinton's charity in exchange for access or favors from the State Department.
One of the defenses mounted against such criticisms is that the Clinton's never personally benefitted from the Clinton Foundation. "They get no money from it, they take no personal benefit from it," is how Clinton defender Hilary Rosen put it.
But now we know that this, too, is false.
A 13-page memo written in late 2011 by Douglas Band describes work he'd done to raise money for the foundation, and how he pushed foundation donors to cough up big bucks for Bill in addition to the money they gave his so-called charity. Band perfectly described this as "Bill Clinton Inc."
In one case, Band notes how his business partner, Declan Kelly, got financial services giant UBS to donate money to the foundation and "invite President Clinton to give several paid speeches." Elsewhere in the memo, Band notes that UBS paid Clinton $900,000 for two speeches that year.
He goes on to detail how the Dubai-based GEMS Education gave $780,000 to the foundation and how "that relationship has growth into a business relationship for President Clinton."
Then there's Laureate International Universities, the scandal-plagued for-profit college that gave more than $1.4 million to the foundation. This "evolved into a personal advisory services business relationship for President Clinton," in which Clinton got paid $3.5 million a year to serve as the company's honorary chairman.
(Excerpt) Read more at investors.com ...
