From Politico‘s Kenneth P. Vogel and Danny Vinik:
Hillary Clinton’s campaign chairman, John Podesta, last year signed a $7,000-a-month contract with the foundation of a major Clinton donor who made a fortune selling a type of mortgage that some critics say contributed to the housing collapse, hacked emails show.
In February of last year, as Podesta was working to lay the groundwork for Clinton’s soon-to-launch campaign for the Democratic presidential nomination, he signed the contract with the Sandler Foundation, which was started by Herb Sandler and his late wife Marion Sandler.
The contract — a copy of which was included in emails illegally obtained from Podesta’s Gmail account and disseminated Monday by WikiLeaks — is still active, according to Herb Sandler, who said that it calls for Podesta to provide advice on grant-making and other foundation functions.
It’s unusual for the full-time chairman of a general-election presidential campaign to maintain an active side deal with a major donor to that campaign — let alone to raise money from that donor for the campaign.
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