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Clinton Foundation Quietly Revises Mexican Billionaire’s Donation
Washington Free Beacon ^ | August 12, 2015 2:35 pm | Lachlan Markay

Posted on 08/14/2015 8:21:48 AM PDT by Cats Pajamas

Hillary Clinton’s family foundation quietly updated its list of donors last week, significantly reducing the amount that it says has been given by a Mexican telecom tycoon whose company was recently accused of deceptive U.S. advertising


(Excerpt) Read more at freebeacon.com ...


TOPICS: Business/Economy
KEYWORDS: 2016election; california; carlosslim; clinton; clintonfoundation; election2016; embarcadero; franciscosanchez; hillaryclinton; hitlery; kathrynsteinle; mexico; newyork; sanfrancisco; slim; texas; trump
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Say what?
1 posted on 08/14/2015 8:21:48 AM PDT by Cats Pajamas
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To: Cats Pajamas

2 posted on 08/14/2015 8:23:12 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: Cats Pajamas

Exactly how many sets of books do they keep?

Just like with the servers, a shell game.


3 posted on 08/14/2015 8:25:46 AM PDT by Resettozero
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To: Resettozero

Yeah, how do you reduce the amount of a donation given and reported on your tax forms? That would be a little more than just a little creative accounting....


4 posted on 08/14/2015 8:28:54 AM PDT by martinidon
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To: Jane Long

RAC! (Riendo a carcajadas!)


5 posted on 08/14/2015 8:29:09 AM PDT by Lonesome in Massachussets (Men need a reason to shop. Women need a place.)
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To: Lonesome in Massachussets

LOL!


6 posted on 08/14/2015 8:31:52 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: Cats Pajamas

There is no doubt in my mind that the Clinton Family is really just another name for A Vast Criminal Enterprise.

Not really as vast as the American government, but it may get there pretty soon


7 posted on 08/14/2015 8:33:52 AM PDT by Tupelo (Corrupt politician McCain trumps war hero McCain.)
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To: Jane Long

Ha haaaa! Love the multi-culturalism.


8 posted on 08/14/2015 8:35:42 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Tupelo

Clinton Family -> -> A Vast Criminal Enterprise

THAT ^^


9 posted on 08/14/2015 8:37:44 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: Resettozero
Exactly how many sets of books do they keep?

Ask their accounting team...


10 posted on 08/14/2015 8:39:48 AM PDT by montag813 (Bring Back Tar and Feathers)
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To: montag813

When the money keeps rolling out you don’t keep books
You can tell you’ve done well by the happy grateful looks
Accountants only slow things down, figures get in the way
Never been a lady loved as much as Eva Clinton.


11 posted on 08/14/2015 8:41:16 AM PDT by dfwgator
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To: All

Trump told Hannity: “When Hillary’s email scandal is added to Clinton Foundation issues, it’s a serious situation. I know the people that gave Clintons money. These are not the nicest people in the world.” “

The blockbuster “Clinton Cash” book details the buck-raking couple’s sordid circle. Clinton Foundation donors and board members’ shady dealings and criminal convictions are legendary.

•The SEC charged a Clinton Foundation trustee with misallocating $9.5M from his database company. Shareholders sued for using the company jet to fly the Clintons around and paying Bill Clinton a $3M consulting fee.

• A Clinton Foundation trustee was accused of paying Bahraini executives (roughly $52 million) to win sales contracts for US-based Alcoa which later settled with the DOJ for $384M.

• A Clinton Foundation trustee donated to Hillary’s campaigns...gave the Clintons millions in honoraria and millions more to the foundation. The trustee was arrested for allegedly defrauding a bank. He pleaded guilty in a Bklyn court to “funneling more than $180,000 in illegal contributions to three federal candidates,” Hillary among them.

• An Indian legislator sat at the head table at the Clinton Global Initiative and dined privately with the Clintons at their home. He gave between $1-5 million to the Clinton Foundation....then was arrested for bribing members of parliament WRT a US-Indian nuclear-technology agreement....he was booted from his party, ending his political career.

• Claudio Osorio fundraised for Hillary and supported the Clinton Global Initiative. He falsified federal applications and bilked US taxpayers to score a loan of $10M tax dollars to build homes in earthquake-ravaged Haiti. Osorio was convicted of financial fraud, using federal “humanitarian assistance for personal benefit,” and got 12 years in federal prison.

• He was on the federal terrorist no-fly list yet a Lebanese-British businessman donated $460,000 to Miami Democrats for voter-registration and attended the Clintons’ WH Christmas party. He was later convicted of money-laundering and “aiding a criminal organization WRT billions of dollars stolen from Nigeria.

The Lebanese businessman’s company pledged $1 billion to the Clinton Global Initiative. The eco-minded Clinton awarded him a prize for “sustainable development.”


L/E investigating Clinton donor, Jeffrey Epstein’s pedophile case, found Bill Clinton listed w/ 21 phone nos and email addresses-—multiple phone nos and emails are connected to money laundering and tax fraud.

Wall Street financial analyst, Charles Ortel, claims he has new evidence that the Clinton Foundation mismanaged, “perhaps intentionally,” financial and regulatory reporting required by US federal and state governments for charities under tax-exempt status.


12 posted on 08/14/2015 8:58:41 AM PDT by Liz
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To: Cats Pajamas

Carlos Slim gave the failing NY TIMES a loan they will never be able to repay.

So he is basically the owner of the NY TIMES.


13 posted on 08/14/2015 8:58:48 AM PDT by MarvinStinson
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To: MarvinStinson

That’s interesting as I’ve heard he does that. But it also describes how it is the NY Times stays afloat.


14 posted on 08/14/2015 9:14:56 AM PDT by Hostage (ARTICLE V)
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To: All
A Lebanese businessman’s company pledged $1 billion to the Clinton
Global Initiative. The eco-minded Clinton awarded him a prize for
“sustainable development.” The billion dollar donor was later convicted
of money-laundering and “aiding a criminal organization WRT billions
of dollars stolen from Nigeria.

What would possess an individual to pledge a billion dollars to the Clintons?

UNLESS....the pledger was given "something valuable" in exchange.

The FBI needs to connect the dots....Hillary' email
scandals would indicate top secret and confidential info
WRT US ntl security was sold to the highest bidder.

Close down the frickin' Clinton Foundation----
confiscate all of the money there....it belongs to US
taxpayers.

15 posted on 08/14/2015 9:19:52 AM PDT by Liz
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To: Hostage

Earlier hey had to sell their building to stay afloat.

They rent it now.


16 posted on 08/14/2015 9:25:53 AM PDT by MarvinStinson
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To: Hostage

Carlos Slim Still Reaping Big Rewards From NY Times Loan

by Edmund Lee
http://www.bloomberg.com/news/articles/2014-01-21/carlos-slim-still-reaping-big-rewards-from-ny-times-loan

Jan. 21, 2014 (Bloomberg) — Billionaire Carlos Slim is poised to double his money after investing $250 million in a 2009 lending agreement with the New York Times, showing how dearly the newspaper’s owners paid for his help.

Slim, who controls mobile-phone carrier America Movil SAB and is the world’s second-richest person according to data compiled by Bloomberg, already has earned $122 million from his loan to the Times, based on an annual interest rate of 14 percent and a 12 percent premium charged to the company when its debt to Slim was redeemed in 2011. Under the terms of the loan, the Times still owes Slim additional shares worth as much as $141 million based on the Jan. 17 stock price, thanks to options he received to buy shares at what is now a deep discount.

Slim’s loan to the Times gave the publisher time to sell some assets and bolster a digital-subscription strategy to offset slumping ad sales. The agreement with Slim required the parent New York Times Co. to accept terms that effectively reduced a stock market windfall five years later. By selling 15.9 million shares at a fraction of their market value, the company risked giving up more than $100 million it could raise through an offering to the public.

Arturo Elias, a spokesman for Slim, declined to comment, as did Abbe Serphos, a spokeswoman for Times Co.
Interest Rate

The 14 percent interest rate charged to Times Co. on Slim’s loan, which was announced Jan. 19, 2009, compared with the average bond yield of 13.41 percent that day for similarly rated borrowers on the Bank of America Merrill Lynch 1-to-10-Year BB U.S. High Yield Index. Standard & Poor’s rated Times Co. BB- at the time, three steps below investment grade. The publisher’s ranking is now one step lower at B+.

The interest on Slim’s loan was the highest rate Times Co. paid on debt dating back to at least 1995, according to data compiled by Bloomberg.

As of last week’s close, Slim’s profit from the loan stood at $263 million, including the loan’s interest and premiums and the warrants issued by Times Co. as part of the loan deal. They let Slim buy shares for $6.36 apiece, less than half Times Co.’s $15.22 close last week in New York trading. That gives Slim $8.94 in potential profit for each of the 15.9 million shares he’s allowed to buy.
Expiration Date

The warrants expire on Jan. 15, 2015 — meaning Slim must make his move soon. The company has set aside the shares and is prepared to sell them whenever Slim exercises the warrants.

Times Co. gave Slim such a profitable deal because it found itself under pressure in early 2009, with a $400 million credit line months away from expiring. Rather than hurry to sell off businesses for cash amid the chaos of the global financial crisis, the company made the deal with Slim, giving it breathing room it used to eventually find buyers for units such as About.com and the Boston Globe.

The interest on Slim’s loan cost Times Co. about $35 million a year — more than double what it was paying in interest for the expiring credit line. By late 2010, the publisher was able to raise the money it needed to refinance Slim’s loan, issuing $225 million of six-year bonds with a more palatable 6.625 percent coupon.

If the billionaire chooses to exercise his warrants and keep the shares, he would own almost a fifth of Times Co. Slim’s loan in 2009 raised concerns that one of the most venerated U.S. newspapers would be beholden to the Mexican billionaire, who battles accusations of being a telecommunications monopolist in his home country. “Who is Carlos Slim, and does he want the paper of record?” read a headline in the New Yorker. “Let’s keep an eye on Senor Slim,” media columnist Jack Shafer wrote in Slate.


17 posted on 08/14/2015 9:30:54 AM PDT by MarvinStinson
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To: MarvinStinson

Slim is slick but he was shrewd on this deal as he is on many others. I think he does not have the best interests of Americans at heart.


18 posted on 08/14/2015 9:35:59 AM PDT by Hostage (ARTICLE V)
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To: Cats Pajamas

Carlos Slime has basically turned the Universal Service Fund from black in to red ink.

He’s a main “Obamaphone”(really GWBUSH phones) supplier.


19 posted on 08/14/2015 10:04:02 AM PDT by stylin19a (obama = Fredo Smart)
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To: All
At first glance, the Clintons' astounding honoraria and humongous Foundation donations seem to provide the bulk of the couple’s income.

Bill's honoraria increased dramatically---earning some $50 million during Hillary's four-year term as secretary of State....including an Irish scholarship fund, a Korean conglomerate, and, a Nigerian newspaper company......each of whom paid Clinton more than half a million dollars for a single speech.

The Wash/Post reports Hillary earned $11.7 million for 51 speeches since Jan 2014.....she pocketed an astonishing $625,000 for two speeches in one day!

I firmly believe the Clinton Foundation's gigantic donor list, and their astonishing blizzard of speaking honoraria, are a smoke screen for their secret wealth----and the way they make billions sub rosa---intertwining their vaunted "charity" work and public office.

The calculated Clintons have sought to branch out into other business activities......though little is known about the exact nature and financial worth of Bill and Hillary’s non-speech business interests.

Recent reports indicate the Clintons were party to multi-billion dollar Mideast arms deals....Kazakhstan uranium mines....and Haitian gold mines...oil deals....telecom businesses, financial powerhouses like Teneo, Goldman Sachs.....etc etc etc.

THE CON ARTIST CLINTONS GRABBED EVERYTHNG THAT WASNT NAILED DOWN---Lucrative business interests were cunningly intertwined w/ the Foundation's "do-good" activities....enabled by Hillary's catbird seat at the State Dept.

At last count the Clintons apparently raised $2billion from their foundation activities and their political campaigns.....

.....does not include monies flowing in from the various lucrative business ventures, interest accrued, safe deposit boxes, real estate assets, passive income on which they pay no taxes, income from Chelsea's hubby's hedge fund, monies invested in Goldman Sachs, interest in financial powerhouse Teneo..... etc etc etc.......

They are worth a bundle.....accumulated in record time.

more below

===============================================

ACADEMY-AWARD WORTHY---Obama puts on a convincing act.
He "knows nothing." Obama didn't even know about this (snix).

Circa 2010--Ex-Pres Clinton in Moscow having a laugh w/ Putin.
as strategic US uranium deposits were sold off to Russia for Big Bucks.

With all the top-level intel available to him, can Americans actually believe:

<><>Obama was oblivious to the Clintons jerking around US foreign policy?

<><> Obama knew nothing of Hillary and Sid Blumenthal's emails WRT Iran (the man Obama banned from US govt employment)?

<><> Obama knew nothing about the Clinton Foundation/slush fund buck-raking activities?

<><> Obama never noticed Bill Clinton trotting around the globe?

<><> Obama never noticed the Clinton "charity" used to worm his way into the confidences of foreign leaders.... but only those leaders w/ untapped reserves of gold, uranium, oil, and other valuable commodities?

<><> Obama never knew Hillary's brother got a gold-mining permit in Haiti?

================================================

THE FACTS ARE THESE---WE, THE PEOPLE, NOTICED Hand-picked by Obama to run State, Hillary ran it like a shadow govt.... w/ her husband taking notes WRT buck-raking opportunities available from Hillary's actions OR inaction.

Secy Hillary never e-v-e-r uttered a discouraging word e-v-e-r......as the Clinton Foundation sucked up hundred of millions of foreign dollars from shady characters.

The avaricious Clintons devised hundreds of obscure programs to collect billions.....bragging about do-goodism, how the money was supposedly dispersed to "assist" endless charitable projects.

No question----Obama's protecting the Clintons---b/c they're his meal ticket. The Clintons deposit Obama's cut into his two "foundations" (two that we know of). All of them are living happily ever after--getting rich on other people's misfortune.

20 posted on 08/14/2015 10:52:18 AM PDT by Liz
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