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Clinton's Ties to Burkle Include Funds in Offshore Tax Haven
Yahoo News ^ | December 17, 2007 | Timothy J. Burger and Ryan J. Donmoyer

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 ...


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: burkle; caymanislands; clinton; corruption; elections; followthemoney; hillary; hillaryclinton; hillaryscandals; yucaipa
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I was reading this article, when Rush mentioned it on his show, lol. Enjoy.
1 posted on 12/17/2007 10:33:06 AM PST by khnyny
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To: khnyny

The snowball just keeps getting bigger and bigger........


2 posted on 12/17/2007 10:34:59 AM PST by Red Badger ( We don't have science, but we do have consensus.......)
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To: khnyny

The offshore money those two have squirreled away make Arafat look like a piker.


3 posted on 12/17/2007 10:42:11 AM PST by NonValueAdded (Fred Dalton Thompson for President)
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To: khnyny
Related link.....?

Clinton Library Got Funds From Abroad: Saudis Said to Have Given $10 Million

4 posted on 12/17/2007 10:43:23 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: Red Badger

Maybe.....

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?


5 posted on 12/17/2007 10:44:54 AM PST by Ouderkirk (Hillary = Senator Incitatus, Clintigula's whore...er, horse.)
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To: khnyny
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.

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?

6 posted on 12/17/2007 10:45:44 AM PST by Sgt_Schultze
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To: khnyny
Hillary Clinton's Senate financial-disclosure records only say that Bill Clinton's Yucaipa assets were valued at less than $2,002 in 2006, while he received between $1,202 and $3,500 in interest that year. In the 18 months between January 2006 and June 2007, the value of the assets grew to between $1,001 and $15,000, and Bill Clinton received between $6,002 and $17,500 in interest, according to financial records filed in connection with the senator's presidential candidacy.

Something's wacky there. 100-200% interest per annum? Not quite as good as cattle futures but good nonetheless.
7 posted on 12/17/2007 10:47:14 AM PST by TheLawyerFormerlyKnownAsAl
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To: khnyny
“...the whole story doesn’t come out except in dribs and drabs.’’

Same goes for the story on the blue dress.

8 posted on 12/17/2007 10:47:14 AM PST by maggief
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To: Ouderkirk

Capone was jailed.......these two will be found out.


9 posted on 12/17/2007 10:48:31 AM PST by advertising guy (If computer skills namedo us, I'd be back-space delete.)
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To: NonValueAdded

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.


10 posted on 12/17/2007 10:51:47 AM PST by Brad from Tennessee ("A politician can't give you anything he hasn't first stolen from you.")
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To: NonValueAdded
The offshore money those two have squirreled away make Arafat look like a piker.

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.

11 posted on 12/17/2007 10:53:02 AM PST by Cicero (Marcus Tullius)
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To: advertising guy
I guess that I do not get myself all revved up that anything will ever be done legally with respect to the Clinton chicanery and habitual lawlessness. Bill and Hillary's records are replete with instances where, if it was you or I doing this we would be in SuperMax confinement for the next 20 years.


12 posted on 12/17/2007 10:57:32 AM PST by Ouderkirk (Hillary = Senator Incitatus, Clintigula's whore...er, horse.)
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To: TheLawyerFormerlyKnownAsAl

then the principle is hidden


13 posted on 12/17/2007 10:58:32 AM PST by advertising guy (If computer skills namedo us, I'd be back-space delete.)
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To: Ouderkirk

life is as real as breathing....Our side won’t get the Clintons, their side will.....there is no honor among thieves


14 posted on 12/17/2007 11:00:02 AM PST by advertising guy (If computer skills namedo us, I'd be back-space delete.)
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To: advertising guy

Or falsified.


15 posted on 12/17/2007 11:00:25 AM PST by TheLawyerFormerlyKnownAsAl
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To: khnyny

BUMP-TO-THE-TRUTH!


16 posted on 12/17/2007 11:02:25 AM PST by PGalt
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To: PGalt

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.


17 posted on 12/17/2007 11:04:33 AM PST by a real Sheila (stop hillary NOW!)
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To: khnyny
If the MSM was really serious about taking the PIAPS out of the running, they should start running these kind of stories back to back. More interviews like what Gregory gave her this morning, where she comes off looking real bad and more stories about how the Clinton’s are involved in sheltered offshore investments and dirty campaign money still coming in.. More on all the money they are raking in.

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 !

18 posted on 12/17/2007 11:06:44 AM PST by Beatthedrum
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To: TheLawyerFormerlyKnownAsAl

same thing


19 posted on 12/17/2007 11:08:20 AM PST by advertising guy (If computer skills namedo us, I'd be back-space delete.)
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To: Grampa Dave; Liz; Ernest_at_the_Beach; SunkenCiv

Bill Clinton has a financial stake in three investment entities registered in the Cayman Islands by Burkle’s Yucaipa Cos. LLC.


20 posted on 12/17/2007 11:08:47 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: colorado tanker

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.


21 posted on 12/17/2007 11:11:21 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: dynachrome

One can vote on the bottom of the yahoo report.


22 posted on 12/17/2007 11:12:51 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: khnyny

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.


23 posted on 12/17/2007 11:14:12 AM PST by Sawdring
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To: NonValueAdded

Thats why Hilly doesnt mind raising taxes.


24 posted on 12/17/2007 11:14:14 AM PST by donnab (saving liberal brains...one moron at a time.)
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To: khnyny
*LOL*>>>

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*...

25 posted on 12/17/2007 11:15:32 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: advertising guy

Not really.


26 posted on 12/17/2007 11:16:53 AM PST by TheLawyerFormerlyKnownAsAl
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To: khnyny

Will the balloon EVER pop?!


27 posted on 12/17/2007 11:18:00 AM PST by ryan71
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To: TheLawyerFormerlyKnownAsAl

close enuf to call it a cigar


28 posted on 12/17/2007 11:23:14 AM PST by advertising guy (If computer skills namedo us, I'd be back-space delete.)
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To: advertising guy

I hope you’re right.


29 posted on 12/17/2007 11:28:40 AM PST by Ouderkirk (Hillary = Senator Incitatus, Clintigula's whore...er, horse.)
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To: All

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.


30 posted on 12/17/2007 11:34:43 AM PST by Yaelle
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To: a real Sheila




THE TOLL OF A CAMPAIGN



Rush’s theory on the Drudge pics...could be for the sympathy factor or just that Americans are addicted to physical perfection. Rush mentions that Lurch got botox during his campaign and how aging is not considered attractive.

So Rush asks—will this country want to watch a woman get older on a daily basis before their eyes for four years? Take a look at the changes in W, says Rush. Men aging makes them look more distinguished and authoritative, however, this is not the same for women.
31 posted on 12/17/2007 11:36:06 AM PST by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: khnyny
The way the mediaWHORES have been shredding the SHE-DEVIL to threads lately only makes you realize how powerful THE OPRAH is!! Hitlery is dead on the water.....good riddance!
32 posted on 12/17/2007 11:50:42 AM PST by RoseofTexas
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To: khnyny

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.

http://www.latimes.com/news/nationworld/nation/la-na-mittoffshore17dec17,0,6296455.story?coll=la-home-nation


33 posted on 12/17/2007 11:51:20 AM PST by Haddit (Hunter is still the Best)
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To: khnyny

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.


34 posted on 12/17/2007 11:59:44 AM PST by Haddit (Hunter is still the Best)
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To: george76; AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...

Thanks george76.


35 posted on 12/17/2007 12:01:49 PM PST by SunkenCiv (Profile updated Monday, December 10, 2007____________________https://secure.freerepublic.com/donate/)
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To: RoseofTexas

I like to watch Oprah on occasion but I do agree that she has WAYYYYY TOO MUCH POWER!
OMG!
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.


36 posted on 12/17/2007 12:09:44 PM PST by a real Sheila (stop hillary NOW!)
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To: advertising guy
Capone was jailed.......these two will be found out.

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.

37 posted on 12/17/2007 12:11:09 PM PST by Osage Orange (Molon Labe)
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To: khnyny
Edwards is right about Hillary's ties to corporations

eNews Reference Directory of News around the world.

38 posted on 12/17/2007 12:11:25 PM PST by enewsreference (eNews Reference - Directory of News, Television & Radio Everywhere)
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To: Red Badger

You can’t insult these people.


39 posted on 12/17/2007 12:13:14 PM PST by Eric in the Ozarks (ENERGY CRISIS made in Washington D. C.)
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To: Eric in the Ozarks
You can’t insult these people.

Sure I can. They're (the Clintonoids) are just too stupid to realize it......

40 posted on 12/17/2007 12:18:41 PM PST by Red Badger ( We don't have science, but we do have consensus.......)
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To: khnyny
And coincidentally, didn't Chelsea Clinton get a peach of a first time job at a hedge fund at $110,000 a year when she graduated from college? Does she work for Buckle?

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???

41 posted on 12/17/2007 12:18:44 PM PST by xtinct (I was the next door neighbor kid's imaginary friend.)
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To: Osage Orange

yes,all true, but once the beast is outta presidential power
alerts then the Clinton’s will meet their comeuppance


42 posted on 12/17/2007 12:20:27 PM PST by advertising guy (If computer skills namedo us, I'd be back-space delete.)
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To: xtinct
I believe she went to work for McKinsey & Co., a consulting firm. What she contributes to this management issues firm is a mystery to me...
43 posted on 12/17/2007 12:44:19 PM PST by Eric in the Ozarks (ENERGY CRISIS made in Washington D. C.)
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To: khnyny

OFF SHORE TAX EVASION!!! The DEMOCRATS in action again!! HYPOCRITES!!!


44 posted on 12/17/2007 1:08:45 PM PST by Ann Archy (Abortion: The Human Sacrifice to the god of Convenience.)
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To: george76

$1000...my arse!! Clintons do NOTHING for just $1000.00....NOTHING.


45 posted on 12/17/2007 1:11:20 PM PST by Ann Archy (Abortion: The Human Sacrifice to the god of Convenience.)
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To: Haddit
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.
And Mrs. Clinton says that even children she meets on the campaign trail are asking her about health care. Yeah, right.
46 posted on 12/17/2007 1:20:06 PM PST by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: Ann Archy

``over $1,000’’ a year

Bubba likely got over ten million per year


47 posted on 12/17/2007 1:34:32 PM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: xtinct

Yes, Chelsea works for a hedge fund, Avenue Capital Group. Chelsea started at the firm about one year ago.

http://www.msnbc.msn.com/id/15549672/


48 posted on 12/17/2007 3:02:30 PM PST by khnyny (Although prepared for martyrdom, I preferred that it be postponed. Winston Churchill)
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To: Doogle

LOL. That’s very funny...I could almost “hear” the cackle.


49 posted on 12/17/2007 3:07:45 PM PST by khnyny (Although prepared for martyrdom, I preferred that it be postponed. Winston Churchill)
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To: khnyny
What a dawg !!!

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.

50 posted on 12/17/2007 3:17:31 PM PST by xtinct (I was the next door neighbor kid's imaginary friend.)
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