Wednesday, May 27, 2015

Tens Of Millions More In Undisclosed $$ For The Clintons

Last Night, The Clinton Foundation Revealed That It Had "Received As Much As $26.4 Million In Previously Undisclosed Payments From Major Corporations, Universities, Foreign Sources And Other Groups." "The Clinton Foundation reported Thursday that it has received as much as $26.4 million in previously undisclosed payments from major corporations, universities, foreign sources and other groups. The disclosure came as the foundation faced questions over whether it fully complied with a 2008 ethics agreement to reveal its donors and whether any of its funding sources present conflicts of interest for Hillary Rodham Clinton as she begins her presidential campaign." (Rosalind S. Helderman and Tom Hamburger, "Clinton Foundation Reveals Up To $26 Million In Additional Payments," The Washington Post , 5/21/15)
The Money Was From Speaking Fees, And "Foundation Officials Said The Funds Were Tallied Internally As 'Revenue' Rather Than Donations, Which Is Why They Had Not Been Included In The Public Listings Of Its Contributors Published As Part Of The 2008 Agreement." "The money was paid as fees for speeches by Bill, Hillary and Chelsea Clinton. Foundation officials said the funds were tallied internally as 'revenue' rather than donations, which is why they had not been included in the public listings of its contributors published as part of the 2008 agreement." (Rosalind S. Helderman and Tom Hamburger, "Clinton Foundation Reveals Up To $26 Million In Additional Payments," The Washington Post , 5/21/15)
The Foundation Said It Had Not Previously Disclosed "Organizations That Paid For Clinton Speeches… Because They Were Paying For A Service And Not Making A Tax-Deductible Donation." "While the Clinton Foundation has annually disclosed its donors since 2008, the foundation said Thursday that organizations that paid for Clinton speeches have not before been included in those lists because they were paying for a service and not making a tax-deductible donation." (Rosalind S. Helderman and Tom Hamburger, "Clinton Foundation Reveals Up To $26 Million In Additional Payments," The Washington Post , 5/21/15)
  • "A Foundation Official Indicated The Speech Dollars Have Been Disclosed As Revenue In Annual Tax Filings To The IRS." (Rosalind S. Helderman and Tom Hamburger, "Clinton Foundation Reveals Up To $26 Million In Additional Payments," The Washington Post , 5/21/15)

Clinton's Personal Financial Disclosure Forms Raised Ethical Questions About "The Completeness Of Her Financial Disclosures"

Clinton Had Delivered 15 Previously Undisclosed Speeches Since January 2014."Hillary Clinton has delivered 15 such speeches, including one address to Goldman Sachs and another to JPMorgan Chase." (Rosalind S. Helderman and Tom Hamburger, "Clinton Foundation Reveals Up To $26 Million In Additional Payments,"The Washington Post , 5/21/15)
Clinton's Decision To Release "Details On Millions Of Dollars In Speaking Fees Sent To The Clinton Foundation Rather Than Her Own Pocket Is An Effort To Quiet An Ethical Debate About The Completeness Of Her Financial Disclosures…" "Hillary Clinton's decision to release this week details on millions of dollars in speaking fees sent to the Clinton Foundation rather than her own pocket is an effort to quiet an ethical debate about the completeness of her financial disclosures at a time when the foundation's finances and fundraising practices are under intense scrutiny." (Josh Gerstein, "Hillary's speech disclosures come under fire," Politico, 5/20/15)

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