Archive for the ‘Foundation’ Category

Transparency, China, Clinton, Money

January 23, 2009

Former President Bill Clinton’s foundation, despite identifying more than 200,000 of its donors in recent weeks, will not say who paid it windfall prices for stock in a struggling Internet firm with links to the Chinese government.

By Jim McElhatton
The Washington Times

The William J. Clinton Foundation has identified donors and promised unusual transparency in order to reassure critics who fear the foundation could become the object of largesse from foreign interests seeking to influence his wife, Hillary Rodham Clinton.

Mrs. Clinton, a former Democratic senator from New York, was confirmed by the Senate on Wednesday as President Obama’s secretary of state and assumed her formal duties with a State Department ceremony Thursday.

However, Mrs. Clinton’s office and the foundation have declined to answer questions about a lucrative 2006 stock transaction, details of which were reported by The Washington Times in March 2008.