Monday, July 21, 2014

The Bill and Hillary Moneymaking Machine

Bloomberg reports:
Hillary Clinton has earned at least $12 million in 16 months since leaving the State Department, a windfall at odds with her party’s call to shrink the gap between the rich and the poor.

Clinton’s income since her resignation as secretary of state in February 2013 is derived mostly from her latest memoir, speeches and paid appearances at corporate retreats, according to an analysis of data compiled by Bloomberg.

At least 12 organizations that previously booked President Bill Clinton -- who has been paid almost $106 million in speaking fees alone since he left the White House -- also hired his wife. Among them: Goldman Sachs Group Inc. and the National Association of Realtors...Her earnings represent a fraction of the Clinton family’s total income and yet were large enough to rank her not only in the top 1 percent of the nation’s earners but in the top one-hundredth of the 1 percent.

Bill Clinton has been paid for 544 speeches between 2001 and 2012 with fees ranging from $28,100 to $750,000, according to financial-disclosure reports.

Since then, Bill Clinton has given at least 40 additional addresses, including one for the Peres Academic Center in Rehovot, Israel, that earned him $500,000.

1 comment:

  1. Don't forget to include the payoffs to Chelsea too. The corruption in amerikan politics is staggering.