Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

An Ex-President, a Mining Deal and a Big Donor (Clinton donor rec’d lucrative uranium mining deal)
New York Times ^ | January 31, 2008 | By JO BECKER and DON VAN NATTA Jr.

Posted on 01/30/2008 8:19:48 PM PST by bd476


Late on Sept. 6, 2005, a private plane carrying the Canadian mining financier Frank Giustra touched down in Almaty, a ruggedly picturesque city in southeast Kazakhstan. Several hundred miles to the west a fortune awaited: highly coveted deposits of uranium that could fuel nuclear reactors around the world. And Mr. Giustra was in hot pursuit of an exclusive deal to tap them.

Unlike more established competitors, Mr. Giustra was a newcomer to uranium mining in Kazakhstan, a former Soviet republic. But what his fledgling company lacked in experience, it made up for in connections. Accompanying Mr. Giustra on his luxuriously appointed MD-87 jet that day was a former president of the United States, Bill Clinton.

Upon landing on the first stop of a three-country philanthropic tour, the two men were whisked off to share a sumptuous midnight banquet with Kazakhstan’s president, Nursultan A. Nazarbayev, whose 19-year stranglehold on the country has all but quashed political dissent.

Mr. Nazarbayev walked away from the table with a propaganda coup, after Mr. Clinton expressed enthusiastic support for the Kazakh leader’s bid to head an international organization that monitors elections and supports democracy. Mr. Clinton’s public declaration undercut both American foreign policy and sharp criticism of Kazakhstan’s poor human rights record by, among others, Mr. Clinton’s wife, Senator Hillary Rodham Clinton of New York.

Within two days, corporate records show that Mr. Giustra also came up a winner when his company signed preliminary agreements giving it the right to buy into three uranium projects controlled by Kazakhstan’s state-owned uranium agency, Kazatomprom.

The monster deal stunned the mining industry, turning an unknown shell company into one of the world’s largest uranium producers in a transaction...


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


TOPICS: Breaking News; Crime/Corruption; Front Page News; Government; Politics/Elections
KEYWORDS: 2005; 200509; 20050906; alisonlawton; billclinton; clinton; clintoncash; clintoncorruption; clintoncrimefamily; clintonfoundation; clintonlegacy; davos; democratparty; frankgiustra; giustra; giustraurasia; heavymetals; hillary; hillaryscandals; kazakhstan; kazatomprom; mines; mining; nazarbayev; nuclearreactors; nukes; pages; peterschweizer; sleaze; uranium; urasia; yellowcake
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-80 ... 141-147 next last

1 posted on 01/30/2008 8:19:49 PM PST by bd476
[ Post Reply | Private Reply | View Replies]

To: bd476

Yellow cake broker between Niger and Iraq, perhaps? Ah, the smell of sweet mint tea...


2 posted on 01/30/2008 8:22:59 PM PST by SERKIT ("Blazing Saddles" explains it all.....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476

I almost bought into the argument that we’re better off staying home and letting the Democrats win the White House in 2008 so that the Republicans can put a true conservative in the White House in 2012.

But I’ve come to the conclusion that the Clinton corruption machine must be stopped at all costs.


3 posted on 01/30/2008 8:24:28 PM PST by bw17
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476
The Bill Clinton touch used to be golden - methinks the worm has turned.

Can you imagine how vindictive a President Obama could be towards the Clintons and their dealings? Why just defeat your opposition when you can destroy them?

4 posted on 01/30/2008 8:27:05 PM PST by TexasNative2000 (Is this tagline governed by McCain-Feingold?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476

Nothing like a good dose of Clinton to bring us back to reality.


5 posted on 01/30/2008 8:27:53 PM PST by loreldan (Former Fred supporter)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bw17
bw17 wrote: "I almost bought into the argument that we’re better off staying home and letting the Democrats win the White House in 2008 so that the Republicans can put a true conservative in the White House in 2012.

But I’ve come to the conclusion that the Clinton corruption machine must be stopped at all costs."


Agree, but it's still a dilemma. It feels like our choice has been removed.

6 posted on 01/30/2008 8:29:10 PM PST by bd476
[ Post Reply | Private Reply | To 3 | View Replies]

To: SERKIT
I'm not sure where the tea comes in but this is yet another ugly and typical mess brought home by the Clintons.

7 posted on 01/30/2008 8:30:58 PM PST by bd476
[ Post Reply | Private Reply | To 2 | View Replies]

To: loreldan
loreldan wrote: "Nothing like a good dose of Clinton to bring us back to reality."

Bingo. Yet the idea of Obama or any other liberal benefiting from this is also bad.

8 posted on 01/30/2008 8:33:37 PM PST by bd476
[ Post Reply | Private Reply | To 5 | View Replies]

To: TexasNative2000
TexasNative2000 wrote: "The Bill Clinton touch used to be golden - methinks the worm has turned.

Can you imagine how vindictive a President Obama could be towards the Clintons and their dealings? Why just defeat your opposition when you can destroy them?"


Best to keep an eye on Oprah Winfrey and Harpo Managment's Obama, too. This could sail him right into the Presidency.


9 posted on 01/30/2008 8:36:47 PM PST by bd476
[ Post Reply | Private Reply | To 4 | View Replies]

To: bw17; advertising guy; rodguy911; SE Mom; Lancey Howard; Southack; backhoe; Enchante; kristinn; ...

WHOO BOY!

Your words are coming true, ad guy ... tick, tick, tick


10 posted on 01/30/2008 8:37:21 PM PST by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
[ Post Reply | Private Reply | To 3 | View Replies]

To: bd476
I wonder how much of the "Clinton Library/Clinton Foundation" money gets funneled into their personal bank accounts?!

They went from dirt poor (beggar's) to filthy rich overnight.

11 posted on 01/30/2008 8:37:39 PM PST by kcvl
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476

Mandatory book club membership. That’s what we’ll get with an Obama presidency.


12 posted on 01/30/2008 8:41:30 PM PST by July 4th
[ Post Reply | Private Reply | To 9 | View Replies]

To: kcvl; doug from upland; ALOHA RONNIE; jaycee; altura; maica; maine-iac7; MEG33; rintense; gpapa; ...

Holy MoLY!!

~~~~

“Just months after the Kazakh pact was finalized, Mr. Clinton’s charitable foundation received its own windfall: a $31.3 million donation from Mr. Giustra that had remained a secret until he acknowledged it last month.

The gift, combined with Mr. Giustra’s more recent and public

***pledge to give the William J. Clinton Foundation an additional $100 million,***

secured Mr. Giustra a place in Mr. Clinton’s inner circle, an exclusive club of wealthy entrepreneurs in which friendship with the former president has its privileges.”


13 posted on 01/30/2008 8:42:04 PM PST by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
[ Post Reply | Private Reply | To 11 | View Replies]

To: bd476

From the NY Times, no less - the libs have turned on the Clintons.......


14 posted on 01/30/2008 8:43:48 PM PST by Intolerant in NJ
[ Post Reply | Private Reply | To 1 | View Replies]

To: kcvl

The money is one thing, but the unabashed power grab by both Mr. and Mrs. Clinton is beneath contempt.

From the article:

"...Mr. Clinton’s public declaration undercut both American foreign policy and sharp criticism of Kazakhstan’s poor human rights record by, among others, Mr. Clinton’s wife, Senator Hillary Rodham Clinton of New York."


15 posted on 01/30/2008 8:44:22 PM PST by bd476
[ Post Reply | Private Reply | To 11 | View Replies]

To: All

Archived Profile: Frank Giustra

Picture: http://drudgereport.com/cfg.jpg

http://tinyurl.com/26pbfg

Frank Giustra, a super-rich Vancouver mining and movie mogul with a midas touch, has used his wealth to become a friend of Bill — Bill being former U.S. President Bill Clinton.

As such, Giustra has placed his private jet at Clinton’s disposal, flying with the former president on trips to Asia and Africa during the past two years.

The former Howe Street wunderkind is a member of the board of trustees of the Clinton Foundation, the charitable and activist vehicle established by Clinton during his post-presidency.

Giustra organized a recent 60th birthday bash for Clinton at Toronto’s Fairmont Royal York, which raised $21 million for the Clinton Foundation.

Clinton spoke in Victoria and Kelowna Friday. Whether Giustra had any role in Clinton’s visit here is unknown. Giustra has preferred to fly under the media’s radar and declined an interview request for this story.

Giustra, the son of a Sudbury nickel miner, was CEO of Yorkton Securities in the ‘90s, founder of Lions Gate Entertainment and now chair of Endeavour Financial, a merchant banking firm which finances mining companies.

Giustra is also a director of the International Crisis Group (Crisis Group), an independent, non-profit, non-governmental organization, established to prevent and resolve conflicts.

Last month Giustra was one of four chairs of the 2006 Global Leadership Awards dinner in New York where Clinton was honoured along with out-going UN Secretary General Kofi Annan.

Giustra’s special relationship with Clinton and his philanthropic efforts was noted by journalists who accompanied Clinton this summer on a tour of Africa.

David Remnick, editor of The New Yorker, wrote a lengthy profile of Clinton in the magazine’s Sept. 18 issue.

Remnick described a government leaders forum sponsored by Microsoft that was held in a hotel ballroom in Capetown, South Africa. Clinton sat with Microsoft founder Bill Gates and a variety of sub-Saharan heads of state.

“Several tables away, I was talking to Frank Giustra, a mining financier based in Vancouver, who started, ran, and sold Lionsgate Films. Giustra is in his late 40s. He is short and trim and has close-cut white hair.

“The plane in which Clinton was touring Africa was Giustra’s, a MD-87 jet, complete with leather furniture and a stateroom. Giustra told me that he was still heavily involved in business — he travels frequently to Kazakhstan, to check on mining interests he has there — but that his wife had been pushing him to give away more of his money.

“’All of my chips, almost, are on Bill Clinton,” he said. “He’s a brand, worldwide brand, and he can do things and ask for things that no one else can.’”

Giustra’s wife is Alison Lawton, 36, a human rights activist and producer of documentary films on humanitarian crises. She also knows Clinton and has worked with him on humanitarian efforts related to the civil war in Uganda — a war which was the subject of her recent documentary Uganda Rising.

Remnick went on to say that Clinton is the first post-president to “tap into the newer generation of wealth” represented by people like Giustra.

The New Yorker editor added: “Clinton’s appeal for these tycoons is obvious: In exchange for giving money to a good cause — the Clinton Foundation’s budget last year was $30 million dollars — you not only have the usual tax break and the knowledge that you are doing good but also get to play Oh Hell [a card game] until five in the morning with a two-term ex-President who knows how to have a good time.”

The Clinton-Giustra connection was also noted in a Financial Times article in August. Writer Andrew Jack described a meeting between Clinton and Nelson Mandela in Johannesburg.

“On the plane the following day, Frank Giustra effuses about Mandela: ‘For me, he’s up there with Mahatma Gandhi.’ An Italian-Canadian with close-cropped white hair, Giustra is part of the most exclusive group in the Clinton entourage: the corporate sponsors.

“In fact, he is not travelling with us. We are travelling with him. Clinton is flying on Giustra’s luxurious personal MD-87 jet, and his donations are substantially underwriting the foundation’s pediatric HIV medicines programs.

“That gives him a regular place at the president’s side, including the card table, where the two men and others gather on the flights and late at night in palatial hotel suites across Africa.

They play Oh Hell, a card game the film director Steven Spielberg taught Clinton when he was president.

“Giustra is coy about his fortune, much made through investments in mining. He describes his donations as ‘significant,’ saying he became close to Clinton after inviting him to get involved in a post-tsunami fundraiser 18 months ago.”

Giustra and his wife Lawton staged a $10,000-a-couple fundraiser for tsunami-related relief at their waterfront home in West Vancouver last year, raising $1.7 million. They later held another fund-raising dinner with Clinton as guest of honour.

Giustra was born in Sudbury, Ont., and lived in Italy and Argentina as a child.

He graduated in 1979 from Douglas College where he spent his first year playing trumpet in the school’s music program before switching over to business and finance.

Giustra’s father was a stock market addict and introduced his son to his broker.

Giustra took a securities course and began his career in the investment industry in 1978 with Merrill Lynch as an assistant trader and then a stockbroker.


16 posted on 01/30/2008 8:47:00 PM PST by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
[ Post Reply | Private Reply | To 13 | View Replies]

To: bd476
The wealthiest per capita congressional districts are now represented by Democrats who have become the party of tycoons like Buffet, Branson, Gates, Soros and others. It may be the big money have found a party even more pliant than the Republicans. With the Democrats the billionaires make a show of being philanthropic and put some solar panels on the roof of their corporate headquarters. After that it is business as usual.

Ralph Nader has a good take on this:

http://www.commondreams.org/archive/2008/01/25/6641/

17 posted on 01/30/2008 8:47:08 PM PST by Brad from Tennessee ("A politician can't give you anything he hasn't first stolen from you.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476
Here's hoping this gets the coverage it should have had long ago.

I'm sure this has been known by the media all along - but they're just now starting to turn on the worm(s) -

Just think of the things that might come out if the media has really decided to go for the jugular -

This may be quite a ride - s'cuse me, I'm gonna stock up on popcorn

18 posted on 01/30/2008 8:47:08 PM PST by maine-iac7 (",,,but you can't fool all of the people all the time" LINCOLN)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476

bump for later...


19 posted on 01/30/2008 8:48:50 PM PST by mickeylee
[ Post Reply | Private Reply | To 1 | View Replies]

To: bd476

This from the same NYT’s that coverd Clinton’s ass for ten+ years (character doesn’t matter, etc.)?


20 posted on 01/30/2008 8:49:00 PM PST by Mad_Tom_Rackham (Elections have consequences.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-80 ... 141-147 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson