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Bill Clinton raised $1.5 for Charity then pockets $450,000 of it [View All]

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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-10-08 12:30 PM
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Bill Clinton raised $1.5 for Charity then pockets $450,000 of it
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Talks not cheap for Bill Clinton

Chicago Tribune
April 10, 2008

When London socialite Renu Mehta sought to urge Britain's super-rich to give more to charity, she threw a fundraising dinner headlined by former President Bill Clinton, who has used his global star power to encourage large-scale philanthropy that stresses accountability.

Mehta declared the first gathering of her Fortune Forum, held Sept. 26, 2006, a rousing success. The event raised about $1.5 million and brought together dozens of billionaires, celebrities and activists to network about tackling such problems as global warming, water shortages and disaster relief.

But success came with a steep price. Fundraising costs consumed more than half of the proceeds, with $450,000 going to Clinton as a speaking fee, one of the largest he has collected as personal income.

Clinton's fee for his Fortune Forum appearance dwarfed the $280,000 the former president charged for a speech earlier in the day in London sponsored by a for-profit partnership and the $280,000 he received the next day for a speech in Dublin.>>>>snip

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  -Bill Clinton raised $1.5 for Charity then pockets $450,000 of it Ichingcarpenter  Apr-10-08 12:30 PM   #0 
  - Talk is cheap  izquierdista   Apr-10-08 12:31 PM   #1 
  - He kept 30% which is within the Better Business Burea's okay range. they say over 35% bad.  ORDagnabbit   Apr-10-08 12:32 PM   #2 
  - Not to be snarky, but do we really want the BBB as our standard for anything?  ORDem   Apr-10-08 12:34 PM   #6 
  - no defense for this given the topic. I would be ashamed to do this.  roguevalley   Apr-10-08 06:00 PM   #46 
  - Enough with the big speeches!  Starbucks Anarchist   Apr-10-08 12:32 PM   #3 
  - He's worse than Hitler.  onehandle   Apr-10-08 12:33 PM   #4 
  - It kind of hits me the same way it did when John Edwards took  Vinca   Apr-10-08 12:33 PM   #5 
  - What? You expect him to go all the way to England for 3 whole days  hfojvt   Apr-10-08 12:45 PM   #14 
     - Half a million for 3 days? Count me in.  Vinca   Apr-10-08 12:51 PM   #18 
        - Just because you are willing to work for poverty wages  hfojvt   Apr-10-08 01:21 PM   #20 
        - CORRECTION: It's $1.01 MILLION in 2-days  quantass   Apr-10-08 01:33 PM   #21 
        - it is two days, unless you count travel time  hfojvt   Apr-10-08 01:45 PM   #32 
        - Bill feels your pain.  TexasObserver   Apr-10-08 02:33 PM   #35 
        - he gave 327 speeches that year... and only ask to be paid for 83 IIRC  Texas Hill Country   Apr-10-08 06:07 PM   #48 
           - That's kinda hard to tell  hfojvt   Apr-11-08 02:02 AM   #61 
  - Sweet Jesus. nt  thereismore   Apr-10-08 12:34 PM   #7 
  - Steph Miller covered this today.  stellanoir   Apr-10-08 12:35 PM   #8 
  - "They" is a corporate entity separate from their personal finances.  uberblonde   Apr-10-08 12:38 PM   #10 
     - If Hill could loan her campaign 5 mil, so could Bill.  stellanoir   Apr-10-08 12:42 PM   #13 
        - Like John Edwards did?  MonkeyFunk   Apr-10-08 12:49 PM   #16 
           - 55 grand is far less than what Bill charges and the Edwards run a charity too  stellanoir   Apr-10-08 01:01 PM   #19 
              - So edwards screwed 'em, just not as hard  MonkeyFunk   Apr-10-08 02:17 PM   #33 
  - Feels like I got it on me just reading this one  crankychatter   Apr-10-08 12:36 PM   #9 
  - that's what makes me proud to be a Clinton supporter  hfojvt   Apr-10-08 12:39 PM   #11 
  - And boy, has it payed off for them.  Pawel K   Apr-10-08 12:50 PM   #17 
  - Yea, as long as the public pays their way ...or else!  quantass   Apr-10-08 01:36 PM   #23 
  - Renu Mehta raised $1.5 million for charity...  SidDithers   Apr-10-08 12:40 PM   #12 
  - Bottom Line: He Delivered 3x What He Cost  Crisco   Apr-10-08 12:47 PM   #15 
  - yeah, if you consider him "delivering" the money he took, otherwise he only delivered 1,050,000  Levgreee   Apr-10-08 01:42 PM   #27 
  - The complaint is the many thousands of dollars to speak at a fundraiser.  Zachstar   Apr-10-08 11:49 PM   #53 
  - So in 2 days Bill made over a million dollars for 3 speeches......  DB1   Apr-10-08 01:35 PM   #22 
  - I hope the voters in Pennsylvania get to see this information.  Diane R   Apr-10-08 01:39 PM   #24 
  - I could be wrong, of course,but I strongly suspect that they have Internet access in Pennsylvania.  QC   Apr-10-08 07:26 PM   #50 
  - Link please? This is worse than disappointing n/t  Catherina   Apr-10-08 01:39 PM   #25 
  - I can't change my OP now, but here is the link  Ichingcarpenter   Apr-10-08 01:43 PM   #29 
  - Just words....  Hepburn   Apr-10-08 01:40 PM   #26 
  - Making this kind of money - does Bill really want Hillary to get elected  grantcart   Apr-10-08 01:42 PM   #28 
  - Just words?  FrenchieCat   Apr-10-08 01:44 PM   #30 
  - Well...  BlueIdaho   Apr-10-08 01:45 PM   #31 
  - But he sure is cocky!  catgirl   Apr-10-08 02:28 PM   #34 
  - The Big Dawg is more like a flea-infested mutt these days.  No Surrender   Apr-10-08 03:05 PM   #38 
  - what a low's a charity event, he should have spoken for free  Az_lefty   Apr-10-08 02:34 PM   #36 
  - Did Elton John keep any of the $2.5 million he raised for her?  No Surrender   Apr-10-08 03:03 PM   #37 
  - I am guessing Elton did get paid.  hfojvt   Apr-10-08 03:26 PM   #41 
     - I wonder if his fee would be listed as an expenditure on her FEC filing.  No Surrender   Apr-10-08 03:37 PM   #43 
  - LOL.  Megahurtz   Apr-10-08 03:06 PM   #39 
  - sadly, it even happens at the local level  hfojvt   Apr-10-08 04:08 PM   #44 
  - the idea of him getting that much for a speech of all things  CreekDog   Apr-10-08 03:15 PM   #40 
  - He's an ex-President. He brings in people...  walldude   Apr-10-08 03:30 PM   #42 
  - The Fortune Forum sees it differently.  rinsd   Apr-10-08 04:27 PM   #45 
  - $450,000 to speak at a charity fundraiser ?? OMG... Is that legal?  Bensthename   Apr-10-08 06:05 PM   #47 
  - kick  azmouse   Apr-10-08 07:19 PM   #49 
  - Bill pocketed $450,000 because he earned it  Taxmyth   Apr-10-08 11:44 PM   #51 
  - When will we get reimbursed for Nafta and the repeal of Glass-Stegall then?  JTFrog   Apr-11-08 04:32 AM   #65 
  - This is the most egregious story of the day.  Stephanie   Apr-10-08 11:48 PM   #52 
  - This part is sickening, I hope people in PA see this.  Zachstar   Apr-10-08 11:52 PM   #54 
  - Whose fault is it  Taxmyth   Apr-11-08 12:44 AM   #55 
     - Both  Zachstar   Apr-11-08 12:48 AM   #56 
        - Sorry, don't see it that way  Taxmyth   Apr-11-08 12:58 AM   #57 
           - Then why are you using little?  Zachstar   Apr-11-08 01:41 AM   #60 
              - No spin needed  Taxmyth   Apr-11-08 02:14 AM   #62 
                 - So why the hell do I care for what Nicole Kidman makes? Is she running for office?  Zachstar   Apr-11-08 04:17 AM   #63 
  - This plus Bill taking the $800K for supporting the Colombia FTA = easy to see how they made $100M  gulfcoastliberal   Apr-11-08 12:59 AM   #58 
  - Destroying jobs and livelihoods  nebula   Apr-11-08 01:04 AM   #59 
  - Tidy little profit there, dayum. eom  TheDonkey   Apr-11-08 04:28 AM   #64 

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