Skip to comments.Clinton's Ties to Burkle Include Funds in Offshore Tax Haven
Posted on 12/17/2007 10:33:03 AM PST by khnyny
Former President Bill Clinton's decision to reconsider a business relationship with California billionaire Ron Burkle reflects concern those financial dealings may embarrass his wife's presidential candidacy.
Securities and Exchange Commission documents and financial- disclosure forms filed by Hillary Clinton show that Bill Clinton, 61, has a financial stake in three investment entities registered in the Cayman Islands by Burkle's Yucaipa Cos. LLC.
In 2004, Hillary Clinton, a New York senator, said she wanted to ``close the loopholes'' for ``people who create a mailbox, or a drop, or send one person to sit on the beach in some island paradise and claim that it is their offshore headquarters.''
The former president's possible decision to move away from Burkle ``is all tied up with the laws of appearance and the politics of perception,'' said Linda Fowler, professor of government at Dartmouth College in Hanover, New Hampshire. ``The world being what it is, people are attracted to the spouse of somebody with political power. The level of potential conflict is just that much higher with a former president and a senator who would be president.''
Moreover, added Fowler, ``with this particular couple, somehow, the whole story doesn't come out except in dribs and drabs.''
Bloomberg News last month submitted a list of questions to the Clinton campaign regarding the former president's involvement in the three Caymans-based funds. The campaign didn't respond to the queries until Dec. 13, after the New York Times reported that Clinton plans to dissolve his five-year partnership with Burkle, a longtime friend and important fund- raiser for both Clintons.
`An Appropriate Transition'
Jay Carson, a Clinton spokesman, said that while the former president hasn't ``severed ties'' with Yucaipa, he ``is taking steps to ensure'' that ``there will be an appropriate transition for those relationships'' if his wife receives...
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The snowball just keeps getting bigger and bigger........
The offshore money those two have squirreled away make Arafat look like a piker.
How many times has the name Clinton, and some financial chicanery crossed paths in the same sentence?
How many times have they slithered out of it?
How does Fowler know this? She's essentially saying there is no actual offshore income sheltering. Does she actually know this or is this just her wish?
Same goes for the story on the blue dress.
Capone was jailed.......these two will be found out.
That’s a good bet. It’s been proved Clinton/Gore and a number of Democrat congressmen received laundered campaign money from China and Indonesia in exchange for big favors. It follows that foreign powers and groups, aware of how corrupt that administration was, would also offer personal bribes. This money would have to be carefully hidden offshore.
We've only seen the tip of the iceberg. When the clintons went into the White House, they were too poor to tip a waitress. And when they came out, they had several billions stashed away in numbered Swiss accounts, from clinton's cut of the major drug cartels.
Plus they get maybe $150,000 for a speaking appearance, $10,000 for shaking someone's hand, and a similar amount for appearing next to them in a photo. And they never pay for anything. Someone in their entourage is always expected to pick up the tab.
then the principle is hidden
life is as real as breathing....Our side won’t get the Clintons, their side will.....there is no honor among thieves
DId anyone see the haggard photo of her highness on Drudge today? She should have gotten a facelift before running.
She is looking like the tired old hag that she really is.
I doubt this story gets much mileage, but it would be nice if the MSM really went after her. Of course Rush might be right, this is all a set-up for the “comeback kidette” story.
America, wake up, these two are garbage, send them packing and end the Clinton nightmare that has enveloped our country for over 15 years. Imagine an America without these two POS, America finally cutting out this cancer and moving on clean and healthy !
Bill Clinton has a financial stake in three investment entities registered in the Cayman Islands by Burkle’s Yucaipa Cos. LLC.