Free Republic

There are some preliminary reports about Bill Clinton’s purported $50,000-a-month retainer — paid out to Teneo, a firm where he is chairman of the board — from his friend Jon Corzine’s now broke MF Global. It reminds of Newt Gingrich’s getting $30,000 a month for his work as a “historian” for Freddie Mac up until the eve of its crack-up. One comes away with a sort of despair that our most prominent politicians, who have already done quite well in private and public life, still cannot refrain from cashing in on their contacts for even more cash. The symptoms are...

A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy. Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution. “They were supposed to be helping Corzine improve his image as a CEO—I guess you can tell how that went,” he said. Corzine resigned as CEO...

FRIEND$ AT THE TOP: Former President Bill Clinton and British ex-Prime Minister Tony Blair both sit on the advisory board of Teneo Holdings, which was paid at least $625,000 to do public-relations and financial-consulting work for Jon Corzine’s failed brokerage, MF Global. ....Clinton spokesman Matt McKenna said “President Clinton does not advise clients on the firm’s behalf.” Clinton does make money from Teneo, but has declined to disclose the sum. Corzine and the former president have been close for years. Clinton campaigned for Corzine repeatedly and Corzine, in turn, became the first sitting governor to endorse Hillary Rodham Clinton’s bid...

A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy. Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution. “They were supposed to be helping Corzine improve his image as a CEO—I guess you can tell how that went,” he said. Corzine resigned as CEO...