More on Bill Clinton's Foreign Investment Problem

[Barack_America]

Also from that WSJ article:

Bill Clinton May Get Payout of $20 Million

...Mr. Clinton is also looking to close out partnership interests in a Yucaipa fund that focuses on investing in foreign companies. This fund -- called Yucaipa Global Partnership Fund LP -- has raised several hundred million dollars from a range of investors. Unlike his deal to advise the two Yucaipa domestic funds, Mr. Clinton invested an undisclosed sum of his own money in the global fund and has a limited partnership interest.

Mr. Clinton is also one of three owners of the global fund's general partner. The others are Mr. Burkle, who is the managing member, and an entity connected to the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum.

Severing the tie to Dubai, a U.S. ally, will remove a potentially tricky problem for Mrs. Clinton. Questions raised about the activities of sovereign wealth funds -- giant pools of money controlled by foreign governments -- have become a campaign issue, as the funds have made a spate of multibillion-dollar investments in such corporate giants as Citigroup Inc. and Merrill Lynch & Co. In a recent interview with The Wall Street Journal, Mrs. Clinton said such purchases are "a source of concern," partly because the foreign funds "lack transparency" and could be used by foreign governments as "instruments of foreign policy."...

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I think this speaks for itself...

[Barack_America]

1. Anyone else concerned that Bill Clinton is involved in a foreign fund...

...like those that are currently buying up our country?

That he is involved with the same kind of foreign investments that Hillary took a "stand" against in the NV debate?

This troubles me greatly.

[juno jones]

2. Let me go out on a limb

and recommend 'Washington Babylon' by Silverstein and Cockburn (back when both were writing for The Nation in '96, can't get more lib than that...). The last chapter is about the presidency, pre-Monica. Opened my eyes, I hadn't really kept up with politics, aside from listening to NPR and what I read about what are now current players curled my hair. Bill and Hill were into this kind of dealing back then and they are still involved. I know there are apologists who'll junp to say, "But they're doing what all rich people do". And I suppose that proves my socialist working-class point.

No More Bushes, No more Clintons! One human, one transparent hand-counted vote!

[EV_Ares]

4. Yeah but the same Clinton apologists were bashing John Edwards

for being involved with a hedge fund. They are hilarious and they will say this is OK, good for Bill being involved with Dubai, etc and even their daughter is employed by one of the largest hedge funds in NY.

I read Babylon and none of this surprises me. Hillary is the most corporatist candidate of all of them.

[madrchsod]

3. he`d better cash out now cause as soon as she gets

the nomination they have to put that money in a blind trust.