Pay for Play Bombshell Rocks
Campaign
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An independent “governance review” conducted by a prominent law firm
that specializes in philanthropic issues concluded in December 2010 that
the Clinton Foundation had a weak, rubber stamp board of directors and
that many of its donors had “an expectation of a quid pro quo benefits in
return for gifts.”
The blistering review — made public Thursday by WikiLeaks — described
The blistering review — made public Thursday by WikiLeaks — described
a tax-exempt public foundation with none of the independent oversight
required under federal charity law. The Clinton Foundation reported $187
million in net assets in 2011.
The decision to conduct the review was bitterly opposed by Bill Clinton’s
The decision to conduct the review was bitterly opposed by Bill Clinton’s
long-time friends and political advisers.
The review was conducted by the New York law firm of Simpson Thacher
The review was conducted by the New York law firm of Simpson Thacher
and was requested by Chelsea Clinton who had profound misgivings about
the operation of her parent’s foundation. Leading the review was Victoria
Bjorklund, one of the nation’s top-ranked legal experts on good- governance
practices for foundations and charities. She came out of retirement to lead
the review.
Read more at http://americanactionnews.com/articles/pay-for-play-bombshell-rocks-campaign#vqSiocMc6lexbthX.99
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