Clinton Foundation in campaign tailspin

  • Posted by a hidden member.
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    Apr 30, 2015 10:51 PM GMT
    Flight Hillary 2016 is having some difficulties...

    Clinton Foundation in campaign tailspin

    Donors are having second thoughts about big giving as accusations fly about Hillary Clinton’s role.
  • bobbobbob

    Posts: 2812

    May 01, 2015 1:16 AM GMT
    Wait... weren't Hillary's hired character assassins and hack men telling us last week this story would burn out and be exposed as nothing but a right wing conspiracy?

    It appears that this story is getting bigger and biggerer everyday.

    Great info in the article SouthBeach...

    One major donor who contributed at least $500,000 to the foundation last year said a 2015 donation is less likely because of revelations about sloppy record-keeping and huge payments for travel and administrative costs."

    There are a lot of factors and the reputational is among them,” said the donor, who did not want to be identified discussing philanthropic plans that have not been finalized. “We had some questions about how the money was being spent — and that was long before the problems were in the press.”

    At least three other major donors also are re-evaluating whether to continue giving large donations to the Bill, Hillary & Chelsea Clinton Foundation, according to people familiar with its fundraising."

    Unlike 2008, a losing 2016 campaign would effectively end the political ambitions of Bill or Hillary Clinton."

    Some donors enmeshed in recent foundation controversies are considering attending the New York meeting, including Giustra, a Canadian mining billionaire, and Victor Pinchuk, a Ukrainian oligarch. Pinchuk’s company Interpipe Group, which makes pipes for oil and gas industries, did business with Iran in 2011 and 2012, according to a Newsweek report. It suggested that company dealings could have posed a conflict for Hillary Clinton as secretary of state because her department oversaw aspects of U.S. sanctions applicable to Interpipe. Pinchuk’s foundation has donated $8.6 million to the Clinton Foundation and pledged a further $1.5 million or more to Ukrainian projects through CGI. It has sponsored CGI’s annual meetings in past years, though it was not listed as a 2014 sponsor and will again not be among the sponsors this year."