“To summaries: wealthy parents spread the wealth among various service providers (tutors, essay Writers, etc.) to send their kids to school where they’ll spend another $300k on a bachelors degree. Sounds like they are the losers. A better question is, why is this investigation happening now? It’s not like coaching people to get into schools is a new thing. Wouldn’t the same investigators be better used to catch fentanyl distributors? Just a month ago billionaires were caught paying for sex (what a crime!) and now this. Who’s directing these investigations? “
file photo by Boyd Loving
the staff of the Ridgewood blog
Ridgewood NJ, according to federal prosecutors and court documents filed, Democratic Sen. Robert Menendez allegedly starting taking bribes from a wealthy donor Salomon Melgen shortly after he entered the Senate in 2006!
“The Government’s evidence at trial will demonstrate that, over time, the defendants’ bribery scheme grew in magnitude and breadth. The jury will hear testimony from a variety of individuals who witnessed the scheme unfold, including guests and pilots who were present for the lavish vacations Melgen furnished for Menendez, public officials that Menendez pressured on Melgen’s behalf, and Menendez staffers who helped carry out Menendez’s advocacy. In addition, the jury will see evidence of the defendants’ corrupt bargain in scores of contemporaneous communications between the defendants, their agents, and the officials they endeavored to influence, as well as records spanning everything from flight manifests and hotel bills to credit ”
Menendez’s bribery and corruption trial is set to begin next week. Justice Department prosecutors filed a new document Wednesday laying out their case against the New Jersey senator, as well as Dr. Salomon Melgen, his alleged co-conspirator. Melgen has already been convicted in a separate case of bilking Medicare but has not been sentenced yet.
The Clintons don’t draw lines between their ‘charity’ and personal enrichment.
By KIMBERLEY A. STRASSEL
Oct. 27, 2016 7:26 p.m. ET
In an election season that has been full of surprises, let’s hope the electorate understands that there is at least one thing of which it can be certain: A Hillary Clinton presidency will be built, from the ground up, on self-dealing, crony favors, and an utter disregard for the law.
This isn’t a guess. It is spelled out, in black and white, in the latest bombshell revelation from WikiLeaks. It comes in the form of a memo written in 2011 by longtime Clinton errand boy Doug Band, who for years worked simultaneously at the Clinton Foundation and at the head of his lucrative consulting business, Teneo.
It is astonishingly detailed proof that the Clintons do not draw any lines between their “charitable” work, their political activity, their government jobs or (and most important) their personal enrichment. Every other American is expected to keep these pursuits separate, as required by tax law, anticorruption law and campaign-finance law. For the Clintons, it is all one and the same—the rules be damned.
The memo came near the end of a 2011 review by law firm Simpson Thacher & Bartlett into Clinton Foundation practices. Chelsea Clinton had grown concerned about the audacious mixing of public and private, and the review was designed to ensure that the foundation didn’t lose its charitable tax status. Mr. Band, Teneo boss and epicenter of what he calls “ Bill Clinton, Inc.,” clearly felt under assault and was eager to brag up the ways in which his business had concurrently benefited the foundation, Clinton political causes and the Clinton bank account. The memoed result is a remarkably candid look at the sleazy inner workings of the Clinton grifters-in-chief.
By Ernest A. Canning
The story, as originally recounted by James V. Grimaldi and Rebecca Ballhaus of The Wall Street Journal, was, of itself, deeply troubling. In March 2009, after meeting with Swiss Foreign Minister Micheline Calmy-Rey, then Secretary of State Hillary Clinton intervened with the U.S. Internal Revenue Service (IRS) on behalf of Switzerland’s most powerful banking institution, UBS. The IRS, which at that time was seeking the identity of wealthy Americans who had stashed some $20 billion in 52,000 tax evading UBS accounts, then agreed that the Swiss bank need only turn over information on 4,450 accounts. Afterwards, UBS increased its previous $60,000 in donations to the Clinton Foundation ten-fold. By the end of 2014, UBS donations to the Clinton Foundation totaled $600,000. UBS also “paid former President Bill Clinton $1.5 million to participate in a series of question-and-answer sessions with UBS Wealth Management Chief Executive Bob McCann, making UBS his biggest single corporate source of speech income disclosed since he left the White House.”
Those facts, of themselves, raise disturbing questions. Did a bank that still ranks as “the world’s biggest wealth manager” and has at its disposal a bevy of economists and law firms have a legitimate reason for paying Bill Clinton $1.5 million in speaking fees? Or was the $1.5 million and the tenfold increase in Clinton Foundation donations a reward for the former secretary of State’s intervention? If the latter, that reward would have, under federal law (18 U.S.C. § 201(c)(1)(A)), amounted to an illicit bribe.