Friends pay full price for lots adjacent to properties they get for $300k less than asking, they make sudden windfalls in commodities speculation (beginners’ luck!), people buy real estate and sell it to them at a loss, and anonymous benefactors buy practically worthless stocks from them at terrifically inflated prices:
The spring before his wife began her White House campaign, former President Bill Clinton earned $700,000 for his foundation by selling stock that he had been given from an Internet search company that was co-founded by a convicted felon and backed by the Chinese government, public records show.
Mr. Clinton had gotten the nonpublicly traded stock from Accoona Corp. back in 2004 as a gift for giving a speech at a company event. He landed the windfall by selling the 200,000 shares to an undisclosed buyer in May 2006, commanding $3.50 a share at a time when the company was reporting millions of dollars of losses, according to interviews.
A spokesman for the William J. Clinton Foundation declined to identify the buyer who was willing to pay so much for a struggling company’s stock, saying only that the transaction was handled by a securities broker. It occurred seven months before Sen. Hillary Rodham Clinton announced her bid to run for the 2008 Democratic presidential nomination.
The spokesman, Ben Yarrow, declined last week to say whether Mr. Clinton knew about the Chinese government’s connection to Accoona or the felony fraud conviction of one of the company’s founders.
“President Clinton gave a speech; he did not endorse a product,” Mr. Yarrow said.
Sorry, I don’t know no Tonys.
Teh Tony Awards
OT, but I gotta say, Pres. Bush has the sack of a Brahma Bull. He’s going to veto a waterboarding bill.
The guy stands up for what he believes in, you have to admire that!
Say what you ant about the Clintons, but they are completely comprehensible.
Anyone want to hold their breathe until this is on the evening news?
lots adjacent to properties…
Landlocked lot at that!
William Clinton Rockefeller ….
Actually, what that means is that Obama’s friend has an easement across the parcel the Obamas got. And in the case of an easement, the property that has the easement — owned by Obama’s benefactor — is the “dominant estate,” while the property across which the easement travels — owned by the Obamas — is the “servient estate.”
I wonder when we’ll start hearing the Oborg calling for easements to be outlawed because of the subtly racist language?
Well since you can’t get to the dominant estate except by the servient estate if you outlawed the easement at least you would have been liberated from oppression.
Now you be givin’ them ideas McGehee…
Billy Jeff Clinton:
“He’s like a dead mackerel in the moonlight. He stinks and shines.â€Â
– John Randolph
“I can’t help it if I’m lucky…”
Another successful operation by the Clinton/Chinese laundry.
Sheila Krumholz, executive director for the nonpartisan Center for Responsive Politics, which studies political money and ethics, said even though the law doesn’t require former presidents to disclose donations and stock transactions to their foundations, they should do so to avoid the appearance that money was buying special access.
“We’re in a unique period where the wife of a former president is running for the job of the son of a former president,” she said, referring to Mrs. Clinton and the current President Bush.”
Fucking Bush. I knew he was behind it.
And everybody together now:
THIS HAS KARL ROVE ALL OVER IT!!!