Free Republic

glaringly missing from the summary was mention of $15 million in fees paid by Burkle's Yucaipa Global Opportunities Fund since 2002

For the past six years, the road to Bill Clinton has often run through Douglas Band, a 34-year-old former White House intern who has helped manage Mr. Clinton's time, accompanied him around the world and even fielded some of his calls. Two years ago, Mr. Band befriended a handsome and charming Italian businessman named Raffaello Follieri. The young Italian, now 29 years old, had moved to New York in 2003 to launch a business buying and redeveloping Roman Catholic Church properties. He claimed close ties with Vatican officials that would smooth the way for deals, according to business associates and...

Excerpt - Federal prosecutors charged Raffaello Follieri, an Italian entrepreneur and former business partner of California billionaire Ron Burkle, with funding a lavish lifestyle by using money from a real-estate venture that was supposed to capitalize on his alleged Vatican ties to redevelop surplus Catholic Church properties. ~ snip ~ A criminal complaint filed by the U.S. attorney in Manhattan Tuesday alleged that Mr. Follieri stole hundreds of thousands of dollars of investor money to pay for a $37,000-a-month New York apartment where he lived for a time with Ms. Hathaway; private jet travel; expensive restaurants and clothes; medical expenses,...