Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $22,916
28%  
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Keyword: accoona

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  • Bill Clinton Gets $700K Cash Windfall

    03/08/2008 10:57:44 AM PST · by paul in cape · 63 replies · 2,294+ views
    Trading Markets ^ | 3-7-08 | UPI via COMTEX
    Ethical questions have arisen about former U.S. President Bill Clinton's $700,000 sale of stock given him by a failing Internet company founded by a felon. Clinton got the non-publicly traded Accoona Corp. stock in 2004, the year the company was created, as a gift for speaking at a company event, The Washington Times reported. Valued at 66 cents a share when issued, he sold the 200,000 shares at $3.50 per share to an undisclosed buyer in May 2006, while the company, backed by the Chinese government, was reporting losses in the tens of millions of dollars. His wife, Sen. Hillary...