Tweet
On Wednesday, the New York Times ran a blistering investigative report revealing the Clinton Foundation as a nonprofit rife with crony capitalist conflicts of interest and multi-million dollar deficits despite raking in at least $492 million from 1997 to 2007.
In 2007 and 2008, the Clinton Foundation, which is soon to be renamed the “Bill, Hillary, & Chelsea Clinton Foundation,” ran a $40 million deficit. Last year, it ran a deficit of over $8 million despite the Foundation and two subsidiaries generating $214 million in revenues.
Hillary Clinton plans to relocate her offices to the Foundation’s Manhattan headquarters in the weeks to come. Former White House press secretary Robert Gibbs said Clinton planned to use the Foundation as a “launching pad into 2016,” a reference to her potential presidential run.
In 2007 and 2008, the Clinton Foundation, which is soon to be renamed the “Bill, Hillary, & Chelsea Clinton Foundation,” ran a $40 million deficit. Last year, it ran a deficit of over $8 million despite the Foundation and two subsidiaries generating $214 million in revenues.
Hillary Clinton plans to relocate her offices to the Foundation’s Manhattan headquarters in the weeks to come. Former White House press secretary Robert Gibbs said Clinton planned to use the Foundation as a “launching pad into 2016,” a reference to her potential presidential run.
Comment