Banned of Brothers in the Right Blogosphere
The spring before his wife began her White House campaign, former President Bill Clinton earned $700,000 for his foundation by selling stock that he had been given from an Internet search company that was co-founded by a convicted felon and backed by the Chinese government, public records show. Mr. Clinton had gotten the nonpublicly traded stock from Accoona Corp. back in 2004 as a gift for giving a speech at a company event. He landed the windfall by selling the 200,000 shares to an undisclosed buyer in May 2006, commanding $3.50 a share at a time when the company was reporting millions of dollars of losses, according to interviews.Now, it is certainly possible that the Clinton's reluctance to release their tax returns has nothing at all to do with this information. No one is saying that this was illegal.
1 Comment
Add a Comment
© 2008 Created by Nuke on Ning. Create your own social network
You need to be a member of Red Nation to add comments!
Join this network