CLINTON'S GOT A JOB: Friend Hires Clinton to Be Investment Fund Adviser

NY TIMES ^ | 4/11/02 | LAURA M. HOLSON

[independentmind]

This is an interesting article. Did you notice that the firm that hired Gore is filled with ex-Drexel people?

Also, more on CalPERS:

The two funds started by Yucaipa first got their start last year when the California Public Employees' Retirement System, one of the nation's largest and most influential pension plans, approved a $475 million initiative to invest in blighted urban and rural communities throughout the state. Then retirement system then picked 11 investment firms as partners with the hope it would spur development in areas ignored by venture capitalists.

Yucaipa was allotted $200 million by the retirement system and set up a fund. But Mr. Burkle liked the idea enough to start another fund, the American Fund, which has raised $560 million from state and union pensions.

How many ex-government types are using public pension funds to bankroll their latest ventures?

[Grampa Dave]

This is good, I can't of a better place for the Bent One to be an Investment Advisor to the left wing maggots who control pension retirement funds and teacher/state employee programs.

If these people who elected Clintoon and Davis and other rats love them, let their pension and retirement funds reflect that cult love. This will be even more painful than the Jim Jones Koolaid drink that so many lefties drink from like their mantra of how great the Gay Life Style is as more are infected with Aids each day.

[Liz]

It is an object lesson in how the lib-left Politically Correct operates. They're so transparent, profiting on their PC bona fides.

[Angelique]

But I thought that Clinton did all his business under the table, er desk.

[Liz]

But I thought that Clinton did all his business under the table, er desk.

Will be interesting to see ex-42 doing business zipped-up and standing upright....heh, heh, heh.

[Angelique]

Will be interesting to see ex-42 doing business zipped-up and standing upright....heh, heh, heh.

I hear he is alway prone.....uh to have zipper problems.

OK dad, get out the soap.

[reg45]

a $475 million initiative to invest in blighted urban and rural communities throughout the state

When CALPERS looses $475 million on that bad investment, and millions of state workers see their pensions destroyed, I hope they remember who made the bad investments.

[Liz]

Will be interesting to see ex-42 doing business zipped-up and standing upright....heh, heh, heh.

I hear he is alway prone.....uh to have zipper problems.

God, you're good.

[Angelique]

You are no chopped liver, either.

[Liz]

Merci beaucoup.

[Angelique]

pas quoi

[d14truth]

SAYS: 'The Yucaipa CalPERS Caper'???

[Grampa Dave]

Probably, and we haven't read about it yet.

Wonder how much of the bond fund Met West, Cal Pers has bought since Goron was hired at several million $'s per year?

Of course these Rats are doing these things for the poor people, the Chilrun, abortion queens and of course the Nambla element of the homosexuals. So we really shouldn't complain.