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...
(Excerpt) Read more at news.yahoo.com ...
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.
Bill Clinton has also received ``over $1,000’’ a year in ``guaranteed payments to partner’’ from Yucaipa Global Holdings and a predecessor fund.
The government forms don’t require lawmakers to specify an exact amount for spouses.
One can vote on the bottom of the yahoo report.
If Hillary gets into office there is going to be lots and lots of payback. The Federal Park Service might as well build a crematorium at Fort Marcy Park.
Thats why Hilly doesnt mind raising taxes.
Tim Russert: Mrs Clinton, perhaps you can explain to your constituants and voters why it is that you have a off shore account totaling millions that are not taxed
Hilda: *cackle cackle cackle*...you know, as I travel from state to state I listen to many....
(audible sigh from Russert)
.............................many people who ask me about
health care and our reputation through out the world and
how we can make change. You know I have been a fighter for change and...
Russert: excuse me Mrs Clinton, the off shore accounts?
Hilda..*cackle cackle cackle*..I’ve heard from all the people I talk to, you know....every where I travel people ask me about Iraq, and when I can bring home our mili..
Russert: Mrs Clinton?..Mrs Clinton?
Hilda: *cackle cackle cackle*...You know......I have this hildacopter, and I plan to listen to all the people I talk with...you know....every where I go
Russert:...talk about the off freeakin shore acc-freakin-accounts will you?...jezzzz no wonder Bubba travels seperately
Hilda:..you know....Mr Obama means well, and I don’t really think he actually ....you know....sold drugs..*cackle cackle cackle*...
Will the balloon EVER pop?!
close enuf to call it a cigar
I hope you’re right.
You know, we always think the Clintons are after power in order to make the United States into a Socialist Utopia. Maybe in the 1970s they did feel that way.
But did we ever stop to think that maybe the Clintons have found out along the way that MONEY is more powerful than elected leadership, but that elected leadership is the best way to steal money? LOTS of it?? Maybe that is all they are about these days. Get the money to get the leadership, get the leadership to get even MORE of the money.
These people are so utterly heartless and selfish that they are absolute damage to our country.
In the Los Angeles Times today.
— While in private business, Mitt Romney utilized shell companies in two offshore tax havens to help eligible investors avoid paying U.S. taxes, federal and state records show.
This morning on FOX News. What are the major issues of today, Clintons response was The war on Iraq and free Medical. No mention from either side about illegal immigration.
I like to watch Oprah on occasion but I do agree that she has WAYYYYY TOO MUCH POWER!
It absolutely blows my mind how people worship her!
I wonder if she really stopped eating beef as she swore she would a few years ago.
Found out is one thing....
We "found" out.. that Bill Clinton is a rapist. Heck...politicians of both Houses...found out evidence that reportedly "made them sick". But nothing happened to him.
Not to mention "wagging the tail of the dog", Ron Brown, Loral, Chinese "funny money", "suicides" in the W.H., people falling off roofs, cat's dying, Billy Dale, pill factories, orange jump suits, and the "meaning of is"...
IMO, you are living in a dream world...if you think an ex-first lady and her rapist husband will ever see jail time.
You can’t insult these people.
Sure I can. They're (the Clintonoids) are just too stupid to realize it......
Also, Cayman accounts would be the perfect place for the Clintons to deposit excess campaign funds from NY and presidential races.
Did Hillary ever return the White House trinkets???
yes,all true, but once the beast is outta presidential power
alerts then the Clinton’s will meet their comeuppance
OFF SHORE TAX EVASION!!! The DEMOCRATS in action again!! HYPOCRITES!!!
$1000...my arse!! Clintons do NOTHING for just $1000.00....NOTHING.
``over $1,000 a year
Bubba likely got over ten million per year
Yes, Chelsea works for a hedge fund, Avenue Capital Group. Chelsea started at the firm about one year ago.
LOL. That’s very funny...I could almost “hear” the cackle.
Notice how no news about Chelsea ever includes her stint at Oxford --> probably because the Clintons don't want the Daily Mirror shots of Chelsea laying in the gutter dead drunk to surface again.