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Inside Bill Clinton’s nearly $18 million job as ‘honorary chancellor’ of a for-profit college
Washington Post ^ | 05 September 2016 | Rosalind S. Helderman and Michelle Ye Hee Lee

Posted on 09/07/2016 8:16:51 AM PDT by Lorianne

The guest list for a private State Department dinner on higher- education policy was taking shape when Secretary of State Hillary Clinton offered a suggestion.

In addition to recommending invitations for leaders from a community college and a church-funded institution, Clinton wanted a representative from a for-profit college company called Laureate International Universities, which, she explained in an email to her chief of staff that was released last year, was “the fastest growing college network in the world.” There was another reason Clinton favored setting a seat aside for Laureate at the August 2009 event: The company was started by a businessman, Doug Becker, “who Bill likes a lot,” the secretary wrote, referring to her husband, the former president.

Nine months later, Laureate signed Bill Clinton to a lucrative deal as a consultant and “honorary chancellor,” paying him $17.6 million over five years until the contract ended in 2015 as Hillary Clinton launched her campaign for president.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Politics/Elections
KEYWORDS:

1 posted on 09/07/2016 8:16:51 AM PDT by Lorianne
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To: Lorianne

THE WASHINGTON POST


2 posted on 09/07/2016 8:21:14 AM PDT by Jolla
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To: Lorianne

$18 Million?
That could pay for a lot of poor students to attend gratis.................


3 posted on 09/07/2016 8:23:40 AM PDT by Red Badger (Make America AMERICA again!.........................)
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To: Lorianne

Realize that if she gets elected all the data on these shenanigans will disappear down the memory hole never to be seen again.


4 posted on 09/07/2016 8:25:02 AM PDT by Don Corleone (Oil the gun, eat the cannolis, take it to the mattress.)
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To: Lorianne

No rinky dink for profit college would pay that kind of bucks for an HONORARY Chancellor. This smells of money laundering. Too bad the FBI gumshoes didn’t look into this. Probably another part of the deal between Clinton and Loretta Lynch hatched in that airport tarmac meeting


5 posted on 09/07/2016 8:26:35 AM PDT by The Great RJ ("Socialists are happy until they run out of other people's money." Margaret Thatcher)
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To: Don Corleone

Even WaPo is piling on! And I am loving it.

HRC can not possibly WIN the election, but is trying like the Devil to STEAL it!

DJT knows his enemies, and their tactics. He will be prepared... He has some things up his sleeve.

Go, Trump, GO!


6 posted on 09/07/2016 8:31:00 AM PDT by heterosupremacist ("Resistance to tyrants is obedience to God." (Thomas Jefferson))
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To: Don Corleone

It’s already starting to seep down the hole. Each Google search yields less and less entries on every scandal. Soon enough, they’ll all be ‘sanitized’ and gone.


7 posted on 09/07/2016 8:33:23 AM PDT by Carriage Hill ( Peace is that brief glorious moment in history, when everybody stands around reloading.)
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To: The Great RJ
No rinky dink for-profit college would pay that kind of bucks for
an HONORARY Chancellor. This smells of money laundering.

N-i-c-e take. The entire Clinton operation reeks of money-laundering. Ask yourself, why would a rich foreigner "donate" billions to the Clinton Foundation? To do good?

Matter of fact, investigators looking into Epstein's Pedo Island case found Bill Clinton and his henchman, Doug Band, listed w/ some twenty-three phone nos and email addies.

L/E recognizes multiple communications as evidence of money-laundering and tax evasion.

==============================================

REFERENCE---How much Foundation money was wire-transferred offshore into LLC accounts.....and other financial instruments for the greedy bunch controlling the levers of income and outgo.You can bet these crooks used the Madoff MO.

When he went to jail, investigators found Ponzi King Bernie Madoff had stashed billions offshore---into a labyrinth of financial entities.

Some $8.9 billion was funneled to Madoff through a dozen so-called feeder funds based in Europe, the Caribbean and Central America......a labyrinth of hedge funds, management companies and service providers that, to unsuspecting outsiders, seemed to compose a formidable system of checks and balances.

But the purpose of this complex architecture was just the opposite: the feeder funds provided different modes for directing money to Madoff in order to avoid scrutiny.

8 posted on 09/07/2016 8:43:24 AM PDT by Liz (SAFE PLACE? liberal's mind. Nothing's there. Nothing penetrates it.)
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To: Lorianne

Many Americans think that corruption is only for petty Latin-American or African dictators. Wrong. It’s alive and well in the USA, thanks to the clintons and the obammys.
The difference is that here it’s disguised as something legal.


9 posted on 09/07/2016 8:50:53 AM PDT by I want the USA back (The media is acting full-on as the Democratic Party's press agency now: Robert Spencer)
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To: Liz
excerpt from the piece:

The company says its campuses have received about $1.4 million total over the years in grants from the State Department and its international aid arm, USAID. Of that amount, only $15,000 came while Clinton was secretary of state — student scholarships funded by USAID, Laureate said.

the $1.4mm seems a little light.

I thought I read somewhere that the "university" received a whopper of a grant from hildabeast state dept?

if bubba got $18mm, my guess is the university scammed off about $150 - $200mm in grants.

have you seen anything out there that would pin this down

10 posted on 09/07/2016 9:44:51 AM PDT by thinden
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To: thinden

Laureate Education a for-profit education firm that paid ex-Pres Clinton big buck to be honorary chancellor has some unusual practices.

For instance, its students serve as telemarketers who pitch the school to prospective new students. It operates in at least three countries (Turkey, Mexico and Chile) where for-profit universities are illegal, author Schweizer notes.

Douglas Becker (a FOB), runs the for-profit university, which engages Bill Clinton to give speeches several times a year. Based on Clintons gargantuan fee scale, that works out to Pres Bill getting perhaps $1 million a year from Laureate, Clinton Cash author Schweizer estimates.

(NOTE On falsified disclosure forms, Pres Bill revealed only that he has been paid more than $1,000 by Laureate. (NOTE: falsifying official documents is the criminal method to hide larger crimes.)

Becker also runs a related nonprofit, International Youth Foundation, which coincidentally found its federal grant money has exploded (according to author Schweizer) since Hillary became secretary of state (in 2009) and Bill became honorary chancellor of Becker/s profit-seeking company.

Many of International Youth Foundation grants came from tax dollars-—from a State Dept agency-—USAID-—a govt agency controlled by Hillary factotum, Cheryl Mills.

Secy Hillary took official control of USAID, a move that dramatically reduced its independence, Clinton Cash author Schweizer says.


AND THIS—Bill Clinton Bagged $16.46 Million from For-Profit College as State Dept. Funneled $55 Million Back
Breitbart ^ | June 3, 2016 | Stephen Bannon / FR Posted by COUNTrecount

In April 2015, Bill Clinton was forced to abruptly resign from his lucrative perch as honorary chancellor of Laureate Education, a for-profit college company.

The reason for Clinton’s immediate departure: Clinton Cash revealed, and Bloomberg confirmed, that Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative.

Laureate has donated between $1 million and $5 million (donations are reported in ranges, not exact amounts) to the Clinton Foundation. Progressive billionaire George Soros is also a Laureate financial backer.

(Excerpt) Read more at breitbart.com ...


11 posted on 09/07/2016 1:11:51 PM PDT by Liz (SAFE PLACE? liberal's mind. Nothing's there. Nothing penetrates it.)
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To: Liz
AND THIS—Bill Clinton Bagged $16.46 Million from For-Profit College as State Dept. Funneled $55 Million Back Breitbart ^ | June 3, 2016 | Stephen Bannon / FR Posted by COUNTrecount

In April 2015, Bill Clinton was forced to abruptly resign from his lucrative perch as honorary chancellor of Laureate Education, a for-profit college company.

The reason for Clinton’s immediate departure: Clinton Cash revealed, and Bloomberg confirmed, that Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative.

Laureate has donated between $1 million and $5 million (donations are reported in ranges, not exact amounts) to the Clinton Foundation. Progressive billionaire George Soros is also a Laureate financial backer.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

so, when hildabeast is confronted with the quid pro quo in this scam, the disconnect is:

1. Douglas Becker - donates $1 - $5 million to Xlintonista Foundaton
2. US State Dept grants $55 million dollars to Becker owned International Youth Foundation
3. Laureate "hires" bubba & kicks back $18 million over 4-5 years of the grift

so in fact State Dept DID NOT give a grant to Laureate.

hildabeast & surrogates are factually correct as the quo went to IYF

Laureate bubba $18 million for his hard work as Vice Chancellor

Laureate DID NOT receive any money from US State Dept

12 posted on 09/07/2016 2:07:28 PM PDT by thinden
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To: Lorianne
the ULTIMATE no-show job,,,
13 posted on 09/07/2016 4:33:47 PM PDT by Chode (You Owe Them Nothing - Not Respect, Not Loyalty, Not Obedience, NOTHING!)
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