The Clinton Foundation: Hillary Beholden To Banks, Corporations, And Foreign Governments
By Brandon Turbeville
ActivistPost.com
JANUARY 22, 2016
Much has been made of the questionable actions and connections held by Clinton’s foundation enterprise over the last year.[1] Many allegations have been made but what is entirely undebatable is the fact that the Bill, Hillary, and Chelsea Clinton Foundation works closely with Wall Street banks and is also heavily funded by them. As Ellen Simon of Investopedia sums up,
Bill Clinton started a public health non-profit in 2002 that has since grown into The Bill, Hillary & Chelsea Clinton Foundation. The Clinton Global Initiative, which holds forums for international leaders, was separately incorporated from the foundation in 2010 at the request of the Obama Administration while Hillary Clinton was Secretary of State.[2] After she stepped down as secretary of state, the two funds were reunited.[3]
The Clinton Global Initiative discloses its donors by range, not by specific amount. Barclays Capital, Citi Foundation and Fidelity Charitable Gift Fund have all given the Clinton’s foundation between $1 million and $5 million.[4] Bank of America Foundation, Barclays PLC, Citigroup Inc., McKinsey & Company and UBS Wealth Management USA have given between $500,000 and $1 million.[5] Meanwhile, Deutsche Bank AG, Deutsche Bank Americas, Goldman Sachs Philanthropy Fund and Morgan Stanley Smith Barney Global Impact Funding Trust Inc. have all given between $251,000 and $500,000.[6]
The Clinton Foundation(s) are notoriously mercurial. Funding comes in and funding goes out but no one is ever that clear on the details of where it came from, where it is going, and/or what it is being used for. Labeled an “atypical business model” by “charity watchdog” group Charity Navigator, the Clinton Foundation has earned its position on the list of “suspicious charities.”[7]
The Rest…HERE
