Bill Clinton May Get Payout of $20 Million
Wallstreet Online Journal
Former President Clinton stands to reap around $20 million — and will sever a politically sensitive partnership tie to Dubai — by ending his high-profile business relationship with the investment firm of billionaire friend Ron Burkle.Mr. Clinton is negotiating to end his relationship with Mr. Burkle’s Yucaipa Cos. as part of a broader effort to protect the presidential campaign of his wife, Sen. Hillary Clinton, from potential conflicts of interest.
Details of Mr. Clinton’s involvement in Yucaipa and his efforts to unwind it come from documents and interviews with people familiar with the matter.
The former president has had links to Yucaipa since early 2002, when Mr. Burkle — a longtime friend and political contributor — offered him a role there.
Mr. Clinton’s association with the firm began at a time when he was looking to earn large amounts of money, partly to pay heavy legal bills accumulated to defend himself and Mrs. Clinton from several investigations during his presidency.
Now, as he negotiates with Yucaipa to withdraw from the relationship, he is a wealthy man, thanks partly to tens of millions of dollars he has earned making speeches around the world.Mr. Clinton initially signed on with Mr. Burkle as a senior adviser to closely held Yucaipa.
As part of that arrangement, Mr. Burkle agreed to give Mr. Clinton a share of the profits from two Yucaipa domestic investment funds if their returns reached a certain threshold. Mr. Clinton’s adviser arrangement ended in early 2007, five years after it began. But Mr. Clinton still hasn’t settled the issue of his payout.
Wild Thing’s comment……..
When the hell is this crap going to end?
The Clintons “foreign policy” is choosing which offshore account to use. The world turned ujpside down when Bill and Hillary got away with all their many crimes and ‘gates’. Yes it is criminal justice and not victim justice that’s for sure.
Gee–wonder if Hitlery will tax her own hubby to death on his new found wealth?
And they all complained about Cheney having stock in Haliburton, like he owned the company or something.
Why is okay for Bubba to have all these “interests” but it’s not okay for the republicans.
I wish I could get that kind of settlement just by leaving a job.
The Clinton machine destroys lives and leaves nothing in it’s path. They are both greedy, money hungry, dirt under my shoes assholes. Neither has Americans at heart. They just want dominion over all of us. God help us all.
Hah! Funny lookin pic…Clintons…what a disgrace.
Sad to see so many people duped by them.
At this point, I really don’t believe there are enough bad things to be said about this Mafioso couple who lie through their teeth every time they open their mouths. They should both be spending the rest of their lives in prison for crimes they have committed against individuals and against the United States of America. Like so many others, I don’t understand how American citizens who truly love our country can be so deaf and so blind as to believe anything that eminates from their camp, other than sheer laziness or just plain stupidity on the part of these deluded believers; in which case, they deserve what they get, BUT THE REST OF US DON’T!
What the Clinton’s are doing is no more politically, and ethically incorrect then what most politicians have been doing since I can remember. Questionable ties and corporate involvement have plagued most of our nation’s Presidents, not just the Clintons. It would be ignorant not to conclude that money, power and greed are linked in today’s free market, and globalized economy, in which the US Presidents have a big stake in no matter what side of the party line they fall on. Good luck on everybody’s choice for our next President. Choose wisely.
The Clintoooon’s corrupt??? Not a chance, it’s a non profit organization for as far as the media can see. If William Jefferson, Bill’s namesake, can get caught red handed by the feds with Ca$h from shakedowns in his office and refrigerator then walk, then this is merely an advancement bump in Bill’s career. I wonder what happened to Bill’s foreign policy moves once Kofi Annan left office and Ban Ki-moon took over, did he fall out of favor and the payoffs dry up?
This just shows how much Arab money owns a part of America. The recent stock market downturn and rise in oil prices reflect this. I bet the market goes back up as Arabs put their unbelievable oil profits into stocks at their now cheap prices. At the same time, Arabs are gaining even more control of American business and politicians.
The Bushs have also been real buddy-buddy with the Arab oil barons.
Scary … does Hillary realize the downside of Sharia … for her?
Lynn they sure do, they want dominion over all of us. Even their words say it, the quotes by them right out there bold as ever.
Patrick, hahaa it is amazing how people believe these two and even like them. hahahaa Very scary to know idiots like that exist.
Brenda in Idaho, good point, yes. If those that like them want them fine, but the bad part it will effect us too. grrrr
Rational Thought, a lot of politicians are corrupt absolutely they are. But one would have to go a long way to find one more corrupt then the Clinton’s. Way too many “gates” in their past, lives totally destroyed, people in jail as the Clinton’s should be, people dead and that list is huge.
Yes choose wisely for sure.
Jack and what happened to all the talk about Bill being at the UN. LOL Thank God that fell through.
Tom, it is soooo bad. Like you said all this Arab money owning parts of America. sheesh this is like a nightmare, and I want to wake up.
Kristopher, good point, I don’t think she can be touched by anything that happens, she has gotten away with so much.
Why don’t you people go get a real job?
Here’s the skinny on Yucaipa, googled from Hoovers Online: http://www.hoovers.com/yucaipa/–ID__40153–/free-co-factsheet.xhtml
That (not so invisible) Wealthy Old Boys Club would do anything to keep a woman out of any place of power especially if she is a Democrat and may cause some of that MONEY and POWER in very few pockets to trickle down to (dare I say it) the ordinary People who are not part of the Club. The rest of you moron ‘patiots’ are being used by this Old Boys Club’s intentional attempt to influence and mis-inform you, because you are so easy to influence, so needing to feel powerful by blaming anyone else you can for the vulnerability you feel in your own lives. So they dangel this nonsense in front of you and you take the bait, as they take you to the fish market to sell for their purposes.
You may think you are a part of this Power Club, but you are not. You are more likely, statistically, to fall out the bottom of the middle class because this Club has been seeing to it that you don’t have a safety net under you – and you want to feel like you are on your way to the top of the excluding-heap. You are allowing yourselves to be used by the Old Boys Club’s delusional, maladaptive, anti-human way of thinking. You can actually start excercising a choice that is larger than your thinking has been so far in your lives.
Where is your heart, hidden under the muck of a self-righteous, self-serving desire to hold false power over another, or hiding behind not taking responsibility for your life without blaming others for your feelings of vulnerability that you are afraid to be authentic about, blaming women perhaps? What is your excuse?
This ‘PC Free Zone Gazette’ fraudulently attempts to associate itself with ‘The Wall Street Journal’ and their slogan ‘American first and Conservative second’ is just another way of saying “We will use you.” So wake up, stop believing anyone who tells you ‘it’s someone else’s fault’. Wake up! Really!
(Many ‘patriots’ were afraid to read all this – preferring their special status of not having to see themselves and others as they are.)
From Hoovers:
Yucaipa Company Description
Yucaipa has a hungry eye for picking out ripe bargains in different industries, but made its name with grocery stores. The investment company forged its reputation as the ultimate grocery shopper, executing a series of grocery chain mergers and acquisitions involving such companies as Fred Meyer, Ralphs, and Jurgensen’s that put the company on the supermarket map. The Yucaipa Companies currently owns a stake in SUPERVALU, but sold its interest in Pathmark to A&P in 2007. The company’s chairman, billionaire and former grocery store bag boy Ron Burkle, is a prominent Democratic activist and fundraiser; former president Bill Clinton and the Rev. Jesse Jackson serve as advisors to the company.
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Life is your real opportunity to get real, so why not do it today. YOU CHOOSE TO WAKE UP NOW 🙂
George I lelt your comment through for some fun.LOL
First of all I am a girl and there is no way I will ever vote for a woman to be President. Not5 for the USA, if I lived in Israel or a smaller less powerful country like England that sure no problem if she was right for the job. But NOT for the most powerful country in the world. Not for the USA, no way. The job requires a man, a REAL man with guts and a heart that loves America. A MAN that knows why we live in the land of the free and who the hell to thank for it….our Miltiary, ( Veterans and our troops today).
That said, as far as your precious criminal, communist, marxist Hillary she has go pound sand. She is a waste of good air and is EVIL.
The Clinton’s are grifters and we have seen enough proof of that over the years to prove it.
As former friend and Whitewater colleague Jim McDougal was quoted, “The Clintons are like a hurricane… they come into your life and leave chaos in their wake.” He could have added a ton of dead bodies lie in their wake as well and there is plenty of proof of that too.
Here is some information:
Clinton’s Ties to Burkle Include Funds in Offshore Tax Haven
http://www.bloomberg.com/apps/news?pid=20601070&sid=aGwhTXxfCSHo&refer=home
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.
Goerge.
How in the world did you sneak in here. WT must have left the back door open again,.shame on her.
Old Boys Club, what have you been smoking. There is no one here who is owned or even cares about your ‘Old boys Club’ sounds like something the Clintons came up with in Arkansas to keep Blacks in their place.
The old boys club sounds like a bunch of racists in the style of Bull Connor, Lester Maddox and George Wallace, of whom were all democrats.
And who during the 1864 election wanted to end the war and sue for peace with the Confederacy, at the expense of the Nation, it again were racists democrats.
Fast forward 150 years, who is it that is trying to run an uppity Black man off the Ticket for the democrat party, why it is more racists democrats, the Felon, Bill Clinton and his bride of Frankenstein, Hillary.
You want reality, get a life, the government does not provide me with any safety net, I don’t want their intrusive bureaucracy telling me what to do.
Just from the way you speak you haven’t got a pair because you have already had them cut off. What do they call men like you, oh yes, emasculated males, yes It think that’s it.
When the democrats get done Tarring and Feathering Barak Obama and running him out of town the whole world and the rest of the country, will see who the real racists are. The democrats and the Clintons.
You want us to wake up to what ? The democrats offer notihng but pandering and empty promises of wealth and entitlements stolen from those who have worked for it, and of course, you too have that entitlement mentallity.
Take you self-inflated opinion of yourself and stick it up your ass. You gutless moron.
The inmates are running the asylum. People like George who support and believe the Clintons are mental misfits and are a communicable disease that has infected the country. Four more years of the Hill Billys in the White House and the country is lost forever.
By the way, how many booty calls can you get for $20 Million?
Mark (((applause))) thank you. I saw his comment and wanted to set him straight but you did it so much better then I did.
Les, LOL probably a ton of them for $20 million. Good one thanks Les.
I’ll never forget the Clinton’s hugging and embracer PLO ratfink terrorist Yassar Arafat when he visited New York in the 90’s… The Clintons are the DEVILS ADVOCATES!!!
Darth they sure are. I remember that it was so horrible what they did.
I dunno, WT.
If Bill embraces Islam, I would expect a quick three “I divorce you”s, followed by the marriage/conversion to/for three or four near-jailbait Dem. female staff interns.
WT…. Even in a burka the beast of the east is ‘Camel Ugly’! Perhaps a TWO BURKA BAGGER?