Thursday, October 27, 2016

There was no corruption in Bill Clinton's speaking engagements.

There is nothing illegal to any of these actions. Chelsea Clinton was right to have it reviewed for ethical standards, but, there is nothing wrong with one person rather than two or three or an entire department advocating for speeches by President Clinton. 

He makes speeches to supplement his income. There is nothing wrong with advocating for his talents. The FBI has already examined the activities of then Secretary Clinton in relation to the Clinton Foundation and found no wrong doing.

I think it is great Chelsea is so involved with the Foundation. She is sincerely a leader at the organization. 

October 27, 2016
By Matthew Rozsa

WikiLeaks has released a 2011 memo (click here) by top Bill Clinton aide Douglas Band which revealed him using his firm, Teneo, to pressure many of the corporations that donated to the Clinton Foundation’s charity to also privately enrich the former president.
In a memo written for the law firm Simpson Thatcher, Band bragged about how Teneo managed to raise “well over $150 million, much of it from people who did not know President Clinton when he was in office.”
Band co-founded Teneo in 2011 with Declan Kelley, who Hillary Clinton appointed as U.S. Economic Envoy to Northern Ireland when she was secretary of state.
Band also wrote that he “sought to leverage my activities, including my partner role at Teneo, to support and to raise funds for the foundation.”
Simpson Thatcher, which specializes in ethical nonprofit management and regulation, was retained by Chelsea Clinton to conduct a “governance review” after she grew concerned about Teneo’s role in the Clinton Foundation’s activities.
The memo described how Band, after co-founding Teneo, blurred the lines between his private for-profit firm and the non-profit Clinton Global Initiative, which had been created by the Clinton Foundation to encourage political and business leaders to meet each year and discuss world problems....

There is a lot of money floating around, but, the Clinton Global Initiative requires a great deal of money to conduct it's good works. It is just what it is. There is no corruption within the organization or the idea President Bill Clinton was involved with something shady. Rightfully, Chelsea Clinton didn't want the hint of impropriety and she took actions to define the ethics of the foundation. A hint of impropriety is not illegal either.

...It wasn’t until late 2011, when news leaked that the hedge fund MF Global had paid Teneo a monthly fee of $125,000 before MF global went bankrupt, that Chelsea Clinton got involved. She was particularly concerned that a member of Bill Clinton’s office staff had been instructed by Band to call British lawmakers on the former president’s behalf for Teneo clients like Dow Chemical. Chelsea Clinton insisted that her father didn’t know about the calls and that they would “horrify” him....