Free Republic

Hillary Clinton is upping her anti-Wall Street rhetoric, amid reports that the Clinton Foundation is running a private-equity company down in Colombia.The same private-equity field dissed by 2008 Obama in hundreds of millions of dollars of negative ads against Mitt Romney b/c Romney earned his fortune w/ a PEF. The Bogota-based Fondo Acceso, started in 2010 by Bill Clinton, Mexican billionaire Carlos Slim and mining millionaire Frank Giustra....$20 million seed funding supposedly came from the Clinton Foundations Clinton-Giustra Sustainable Growth Initiative and Carlos Slims the SLIM Foundation, the Washington Free Beacon reports. In an ominous sign, Fondo Acceso took down...

The Clinton Foundation’s Colombia-based investment company was not registered as a private equity fund in the country, which may have allowed it to avoid certain industry regulations and oversight from the Colombian government.Although Fondo Acceso described itself as a “Private Equity Fund” in company promotional materials and business presentations, it is not listed in a database of current or previously registered private equity funds maintained by the Colombian government.Colombian legal experts consulted by the Free Beacon said that Fondo Acceso did not appear to have violated any laws by calling itself a private equity fund, as long as it was...

The Clinton Foundation is operating a $20 million private equity firm in Colombia, raising concerns from government and consumer watchdog groups who say the practice is unusual and could pose a significant conflict of interest. The Bogota-based company, Fondo Acceso, could also lead to uncomfortable questions for Hillary Clinton as she criticizes the private equity industry on the campaign trail. Fondo Acceso was founded by Bill Clinton, Mexican billionaire Carlos Slim, and mining magnate Frank Giustra in 2010, financed with a $20 million joint contribution from the Clinton Foundation's Clinton-Giustra Sustainable Growth Initiative and the SLIM Foundation. According to the...