Thursday, April 03, 2008

Since Leaving The White House The Clintons Have Made More Than $50 Million



(image via clevelandseniors)

ABC News's resident pitbull Brian Ross has found out through no doubt dogged investigation that since leaving the Oval Office Clinton & Clinton, LLP have made "well over $50 million." From ABCNews:

"A review of Sen. Clinton's annual ethics filings found that her husband has earned $47 million in fees from more than 280 speeches he has made around the world.

"Clinton's biggest patrons include New York-based investment firm Goldman Sachs, which paid him $650,000 for four speeches in recent years, and two foreign firms. Gold Services International, a Colombian-based event organizer, brought Clinton to Latin America in 2005 for four days of speeches, earning Clinton $800,000. Another company, Toronto-based Power Within, paid Clinton $650,000 for a series of motivational speeches in Canada in 2005."

"... an examination of the records reveals her husband is a partner in an investment fund, Yucaipa Global Partnership, registered in the Cayman Islands, and was paid 'guaranteed payments to partner.' Sen. Clinton's forms do not list the exact amount of her husband's payments, only that they totaled more than $1,000 over four years.

"No average person has interest and funds in the Cayman Islands. This is all the above-average, non-tax-paying, super rich," said Jack Blum, an attorney and leading expert on offshore tax havens."

Full story here.

Senator Clinton's latest disclosure form here.

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