Tuesday November 18, 2008
Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Tuesday November 18, 2008
Bill’s Overseas Ties Entangle Hillary
Former President Bill Clinton’s globe-trotting business deals and fundraising for his foundation sometimes put his activities abroad at odds with Sen. Hillary Rodham Clinton and could cause complications if President-elect Barack Obama picks her to be secretary of state.
Bill Clinton’s fundraising for his presidential library and charitable activities also could pose additional headaches for his wife if he selects her for the job.
Since leaving the White House in early 2001, Bill Clinton has raised at least $353 million for the William J. Clinton Foundation, which finances his presidential library in Little Rock, Ark., as well as his global anti-AIDS initiative and other charitable efforts.
The former president has raised money overseas beyond the Chinese Internet company’s contributions: from the Saudi royal family, the king of Morocco, a foundation linked to the United Arab Emirates and the governments of Kuwait and Qatar, The New York Times reported last year.
His foundation reaped millions of dollars from Canadian mining tycoon Frank Giustra, and Clinton accompanied Giustra on a 2005 trip to Kazakhstan, whose human-rights record Hillary Clinton had criticized, the newspaper reported. The pair met with Kazakhstan’s president, and within days Giustra’s company landed preliminary agreements giving it rights to buy into uranium projects controlled by a Kazakhstan state-owned enterprise. Clinton said he had nothing to do with the deal. (Source: Yahoo News)