From the Wall Street Journal: http://www.wsj.com/articles/the-cold-clinton-reality-1477608696
Longtime Clinton aide Doug Band wrote a memo in 2011 to justify himself to
lawyers at Simpson, Thacher & Bartlett who were reviewing his role and
conducting a governance review of the Clinton Foundation . . .
"The Band memo reveals exactly what critics of the Clintons have long said:
They make little distinction between the private and public aspects of their
lives, between the pursuit of personal enrichment, the operation of a nonprofit,
and participation in U.S. politics.
Mr. Band writes that he and his colleague Justin Cooper “have, for the past
ten years, served as the primary contact and point of management for President
Clinton’s activities—which span from political activity... (e.g., campaigning on
behalf of candidates for elected office), to business activity (e.g., providing
advisory services to business entities with which he has a consulting
arrangement), to Foundation activity.”
This excerpt and all the potential conflicts it describes, plus Chelsea’s
warning about business “hustling” at foundation events, would seem more than
ample cause to trigger an IRS audit of the foundation. For that matter, why
aren’t the IRS and prosecutors already on the case? Any normal foundation has to
keep records to show it is separating its nonprofit activity from any for-profit
business."
Friday, October 28, 2016
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