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Thursday, January 31, 2008

"An Ex-President, a Mining Deal and a Big Donor": Clintons in the NYT

UPDATED

A sign that the The Times are changing: front-page coverage of yet another Clinton donor scandal.

An Ex-President, a Mining Deal and a Big Donor: The article starts by describing how Bill went to Kazakhstan in 2005 with Canadian mining financier Frank Giustra, undercut American foreign policy, and presto! two days later Giustra's company signed preliminary agreements giving it the right to buy into three uranium projects controlled by Kazakhstan's state-owned uranium agency, Kazatomprom.

Isn't that something.

Here's how Bill got his cut on the deal, and a big cut it is:
Just months after the Kazakh pact was finalized, Mr. Clinton's charitable foundation received its own windfall: a $31.3 million donation from Mr. Giustra that had remained a secret until he acknowledged it last month. The gift, combined with Mr. Giustra's more recent and public pledge to give the William J. Clinton Foundation an additional $100 million, secured Mr. Giustra a place in Mr. Clinton's inner circle, an exclusive club of wealthy entrepreneurs in which friendship with the former president has its privileges.
Who says money can't buy you [the Clinton's] love?

And the love continues to grow as Bill places himself as intermediary for other big deals that involve nuclear technology,
That same month, Mr. Dzhakishev, the Kazatomprom chief, said he traveled to Chappaqua, N.Y., to meet with Mr. Clinton at his home. Mr. Dzhakishev said Mr. Giustra arranged the three-hour meeting. Mr. Dzhakishev said he wanted to discuss Kazakhstan's intention - not publicly known at the time - to buy a 10 percent stake in Westinghouse, a United States supplier of nuclear technology.
At the same time as Bill was facilitating deals to provide nuclear technology to a Muslim country which has about one-fifth of the world’s uranium reserves, Hillary was signing letters to the State Department sounding "alarm bells" about Kazakhstan.

Bill must have unplugged the alarm clock, but his spokesman says that Bill finds no contradiction between his actions and Hillary's statement. Anyone who's been watching how the Clintons do things knows there is no contradiction because that's how the Clintons operate.

What I find interesting about this report is not that the third-term-co-President-to-be is deeply involved, since the Clintons have a really long record of such dealings from way back in the days when all it too was a $100,000 windfall in commodities trading, but that the NYT is giving it front-page coverage.

Maria also sent this Archived Profile: Frank Giustra, who continues to lend Bill Giustra's Giustra's MD-87 jet, complete with leather furniture and a stateroom, at least until Bill can get back into Air Force 1.

UPDATE
Across the big puddle, Clinton aide caught up in funding scandal:
The complaint against Morgan has been made by James Davenport, a former employee of Morgan Allen Moore, who claims Morgan breached the APPC code of conduct – specifically a clause governing the separation of private and consultancy activities - while working on the Hain campaign. Members of the APPC management committee first met on January 28 to consider the complaint. A spokesman told The First Post that, as a result, they have asked Davenport to provide more information and substantiate his allegations. The committee will meet on Monday, February 4 to reconsider the complaint.

Then there's The Company You Keep (and Sometimes Discard), including Hillary’s Anti-Union, Slumlord Pals going back to 1999.

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