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

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

[Liz]

Hey Liz, great post! I think mr clinton may find it a little harder to be an investment guru now
that he no longer has inside information on when the fed is about to move its interest rates....

Hi Dowd. Yeah, but maybe Klintoon can get Robert Rubin to make some cold calls for him.....LOL.

[Liz]

ROTFLMCO. Great. Thanks.

[Liz]

....it occurs to me that funds like these might have special tax advantages to
the owners. Perhaps tax advantages arranged under Clinton administration?

Good thinking. Could have been setup while Klintoon was our presidential pretender.

[Liz]

I see Burkle is also involved in retirement funds. If these involve things like union pension plans,
they're notoriously easy to steal from if you're clever and shady. Do we know anyone shady?...

Do we know anyone shady?.....hmmmmmm.....well there's Hitlery.....to name one.

But you are right. Wouldn't it be poetic justice iof Clinton got caught in a shady investment deal?

[Miss Marple]

What a thing to wake up to!

This is borrowing from Jesse's playbook. Clinton now has the 501c3 (his library) and a Wall Street connection (similar to Jackson's shake-down fund). He can now move masses of cash between the two with impunity.

He has a perfect way to get money into the country (speaking fees from overseas sources), a perfect place to hide money (library) and a perfect way to pay off unions and corporate types (mutual funds).

My hope is that terrorist funds will be used, traced by Secretary O'Neill's fine people, and all money will be frozen.

[Liz]

I suspect the next "adviser" Mr. Burkle hires will be jesse jerkson.

Jesse Jerkson - I love it. And if "Jerkson" doesn't work out, he can always hire Al Schlockton.

[Liz]

Clinton now has the 501c3 (his library) and a Wall Street connection (similar to Jackson's shake-down fund). He can now move masses of cash between the two with impunity. He has a perfect way to get money into the country (speaking fees from overseas sources), a perfect place to hide money (library) and a perfect way to pay off unions and corporate types (mutual funds).

A con's super-laundromat.

[Liz]

All of your contributions to this thread are outstanding. Thanks.

[Howlin]

This is just unbelievable; hiring a man who admittedly has never balanced a checkbook in his entire life, who never has "run" this own family "business" to advise other people is unreal.

Of course, he won't be doing any work. We all know this.

[Howlin]

I just stopped looking for more information. I was having flashbacks. :-)

[Guna]

"Seems to me it was Ron Burkle who found a job for Jesse Jackson's mistress, wasn't it?"

Yes indeed he did. She became some sort of consultant and moved away from the east coast to the west coast and away from the Jessie "Shakedown" Jackson scandal as a result.

[RedBloodedAmerican]

So who is he laundering money for now in this new position?

[mc5cents]

"Yea really! Ha ha, they give me the money and I "invest" it for 'em. Can you believe that!! Man, this is better than Whitewater ever thought of being."

[Liz]

I just stopped looking for more information. I was having flashbacks. :-)

Poor baby. If only I could offer you a nice, hot cup of tea.

[G.Mason]

The Yucaipa Companies LLC

PROFILE

Moving away from its past in the grocery store game until recently, Yucaipa is blasting into cyberspace.

While Yucaipa still owns 70% of Golden State Foods (one of McDonald's largest food suppliers), 2% of Kroger, and has purchased about 9% of major food distributor Fleming, the company has plunged headlong into the Internet.

Yucaipa owns 50% of CheckOut Entertainment Network, the operator of entertainment and e-commerce Web site CheckOut.com (retailer Wherehouse Entertainment owns the other half).

The company's portfolio also includes Alliance Entertainment (music, videos, and game distribution), as well as stakes in GameSpy (online games), LiveWorld (online chats), and OneNetNow (online communities).

COMPETITION

CMGI, Inc. (CMGI)

Liberty Digital, Inc. (LDIG)

idealab! (dossier)

KEY PEOPLE • Ronald W. Burkle

CEO CONTACT INFO

9130 W. Sunset Blvd. Los Angeles, CA 90069

US Phone: 310-789-7200 Fax: 310-884-2600

[Liz]

f course, he won't be doing any work.

I duuno about that. Bet he gets exhausted and a case of severe eyestrain casing out all the chicks he meets.

[Miss Marple]

He has to find a way to get that Chinese pay-off into the country. The speaking engagements have allowed him to transfer $100,000 at a time into the States, but there needs to be a way to get the library funds (hiding place for Chinese cash) and the Swiss bank account (depository for the rest of the money) into an account for him and Hillary, so that it can be used for her Presidential ambitions (and Bill's, because he thinks he would be the big cheese anyway). This scheme is just the ticket.

[OldDominion]

"Milken's good old friend from Drexel days, supermarket magnate, Ron Burkle, has offered to donate $135 million to Clinton's Presidential Library while Clinton considers a pardon of Milken"

"Mr. Burkle would not disclose the financial arrangements he made with Mr. Clinton"

Can you smell P A Y O F F, and "M O N E Y L A U N D E R I N G"

PeeeU

[Freemyland]

"Clinton I betcha would be a whiz at bagging the bacon."

Can't speak for that one, but he is surely quite adept at hiding the sausage.

[Liz]

Yucaipa.....has plunged headlong into the Internet......owns 50% of CheckOut Entertainment Network, the operator of entertainment and e-commerce Web site CheckOut.com (retailer Wherehouse Entertainment owns the other half). The company's portfolio also includes Alliance Entertainment (music, videos, and game distribution), as well as stakes in GameSpy (online games), LiveWorld (online chats), and OneNetNow (online communities).

Smeone ought to surf the net to determine how many of these went bust when the tech bubble burst.
Betcha his company uses Enron/GX/Andersen accounting procedures.....