James V. Grimaldi and Anupreeta Das report in the Wall Street Journal that a “[h]acked email memo published by WikiLeaks details lucrative arrangements made for Bill Clinton” by two top Clinton Foundation fundraisers who “pressed corporate donors to steer business opportunities” to the former president.
From the Wall Street Journal:
Two chief fundraisers for the Clinton Foundation pressed corporate donors to steer business opportunities to former President Bill Clinton as well, according to a hacked memo published Wednesday by WikiLeaks.
The November 2011 memo from Douglas Band, at the time a top aide to Mr. Clinton, outlines extensive fundraising efforts that Mr. Band and a partner deployed on behalf of the Clinton Foundation and how that work sometimes translated into large speaking fees and other paid work for Mr. Clinton.
The memo, part of a cache of emails stolen from Democratic presidential nominee Hillary Clinton’s campaign manager, resurfaces an issue that she has had a hard time shaking: questions over the relationship between the Clintons’ charity work and their personal business.
Mr. Band and an associate introduced top corporate executives to the former president, on the golf course and elsewhere, and then asked them to contribute money to the Clinton Foundation or attend the Clinton Global Initiative, an annual foundation event.
Mr. Band wrote the memo to lawyers at Simpson Thacher & Bartlett LLP who were reviewing the Clinton Foundation’s activities and links to Mr. Band. The Clintons’ daughter, Chelsea, had sought the review because she worried that Mr. Band was “hustling business” for his consulting firm, Teneo Holdings, at the Clinton Global Initiative, according to a 2011 email by Ms. Clinton.
In the memo, Mr. Band explained how he helped the foundation and former president, and found donors among his own firm’s clients. Mr. Band responded to the review by writing: “We appreciate the unorthodox nature of our roles, and the goal of seeking ways to ensure we are implementing best practices to protect the 501(c)3 status of the Foundation.”
Read the rest here.