Hillary Clinton (D)


Vinod Gupta, a major contributor to Clinton's campaign, has recently been sued by shareholders in his company for his exorbitant spending -- including on Hillary herself. The Associated Press had the story on 5/26/2007:

Since 2002, Gupta spent $900,000 flying the former president to international locations on presidential foundation business and flying Hillary Clinton, a Democratic senator from New York, to political events.

The suit, filed by infoUSA shareholders last year, claims those expenses as well as millions of others unrelated to the Clintons were a "serial misuse of corporate assets and resources."

When confronted on it by an AP reporter, Clinton copped out: "Whatever I've done, I complied with Senate rules at the time. That's the way every senator operates."



$1 Million Hollywood Party

In a fundraising scandal that got suspiciously little media attention, a key fundraiser for Hillary Clinton was hauled into U.S. District Court in 2005 over allegations that he knowingly misstated the cost of a incredibly lavish benefit party for Clinton in 2000. The Washington Post had the details on 5/11/2005:

The tangled criminal case features a star-studded Hollywood party, convicted felons, a well-connected informer, a secret FBI tape recording and the tangential involvement of none other than Spider-Man.  

David F. Rosen, a Chicago consultant, is accused in U.S. District Court here of understating the real costs of a lavish Clinton fundraising party, which was held in August 2000 just before the start of that year's Democratic National Convention. The guest list included Cher, Brad Pitt and Muhammad Ali, and the sponsors included Stan Lee, the comic-book legend and Spider-Man creator.

Rosen, who also worked for failed Democratic presidential candidate and retired Army general Wesley K. Clark in 2004, has pleaded not guilty. One of his attorneys, Paul Mark Sandler, declined to comment Tuesday. "The case is now about to unfold, and the truth will come out," he said.

. . .

The group alleges that Hillary Clinton had to have known that the true costs of the Hollywood fundraiser exceeded the $401,000 Rosen reported in campaign finance records.   "Hillary Clinton's campaign finance scandal is just as serious as the allegations brought against Tom DeLay," the group's president, Tom Fitton, said in a statement this week. "And yet, while DeLay has faced an ethics firestorm, Hillary Clinton's legal and ethical transgressions have been largely ignored."

. . .

The government's case centers largely on Peter F. Paul, an ex-convict who helped produce the Hollywood party and claims he spent more than $1 million on the event. ate securities fraud case but has since had a falling out with the group.


Cattle Futures Payout

In 1979, soon after her husband was elected governor of Arkansas, Hillary Clinton began trading in cattle futures, and somehow managed to turn a $1,000 initial investment into a $100,000 windfall. In 1994, the Washington Post laid out the details:

In about 10 months of trading, [Clinton] made nearly $100,000, relying heavily on advice from her friend James B. Blair, an experienced futures trader.

The new records also raise the possibility that some of her profits -- as much as $40,000 - came from larger trades ordered by someone else and then shifted to her account, Leo Melamed, a former chairman of the Merc who reviewed the records for the White House, said in an interview. He said the discrepancies in Clinton's records also could have been caused by human error.

. . .

Blair, who urged Clinton to enter the high-risk futures market and ordered most of her trades, said in a recent interview that he "talked her into" her first futures trade in October 1978 before paperwork on her account was completed. It was liquidated quickly, he recalled, because "it was bigger than she wanted and required more money."

A close examination of her individual trades underscores Blair's pivotal role. It also shows that Robert L. "Red" Bone, who ran the Springdale, Ark., office of Ray E. Friedman and Co. (Refco), allowed Clinton to initiate and maintain many trading positions - besides the first - when she did not have enough money in her account to cover them.

Why would Bone do so? Bone could not be reached for comment, but Blair said he thought he knew why. "I was a very good customer," he said, noting he paid Bone $800,000 in commissions over the years. "They weren't going to hassle me. If I brought them somebody, they weren't going to hassle them."

. . .

Blair, who at the time was outside counsel to Tyson Foods Inc., Arkansas' largest employer, says he was advising Clinton out of friendship, not to seek political gain for his state-regulated client.



Castle Grande

This was the center of the so-called Whitewater scandal, and no doubt we will see the facts of that scandal become investigated again as Hillary Clinton's presidential bid moves forward. The basic fact is this: Hillary Clinton, with a host of her Arkansas friends, was tied up in a crooked land deal that went south. A synopsis from PBS's Frontline :

Two federal agencies concluded that Castle Grande involved "insider dealing, fictitious sales and land flips." It's estimated that the deal ended up costing taxpayers nearly four million dollars. . . .

The Castle Grande deal, like other transactions at the S&L, was essentially a sham deal -- a "pyramid scheme" intended to enrich institution insiders and bolster the institution's stated net worth. According to [federal investigator James] Clark, Madison was one of the three worst cases of insider dealing that he'd seen in his 20 years as an examiner.

Clark also uncovered some additional transactions between Ward and McDougal, including an option agreement, suggesting that Ward would receive payments for his role in the Castle Grande deal. At the time, Clark was told by Madison officials that these transactions were not related to Castle Grande. But later, investigators with the Inspector General of the Federal Deposit Insurance Corporation, determined that the option agreement was indeed part of a concerted effort to further conceal Ward's role as a "straw man" in the sham Castle Grande deal.

The investigators also determined that the Ward option agreement was drafted by Madison's lawyer at the Rose Law Firm, Hillary Rodham Clinton. Mrs. Clinton, it turns out, had been retained by McDougal to handle various legal needs for the S&L. The extent of her work for Madison was not fully understood until a long-missing copy of Rose Law Firm billing records surfaced mysteriously in the White House in January, 1996 -- nearly two years after they were subpoenaed by Federal investigators.



$100,000 payment from an educational charity

If you think Clinton's $100K cattle-futures payout was easy money, you should hear about the payout she got in the early '90s from a New York State-funded nonprofit commission. From the New York Daily News, 2/3/1996:

A House committee is looking into the payment of more than $ 100,000 to Hillary Rodham Clinton from a New York State-funded commission for legal work in 1991 and 1992.

. . .

Late last year, state Attorney General Dennis Vacco opened his own probe into the National Center on Education and the Economy.

The Rochester-based nonprofit commission, whose honorary chairman was then-Gov. Mario Cuomo, received more than $ 5 million in state funds between 1988 and 1994 to develop educational policies for the next century.

Vacco is probing alleged irregularities in how the commission spent its money, including paying Hillary Clinton and her Rose Law Firm $ 101,630 for, records say, running "work force skill programs."

Clinton was also on the group's board, as was the key Clinton advisor Ira Magaziner. But Hillary was the only one who got paid. And what did she do? All that Vacco's investigation could turn up was a single written report--which, Vacco firther told NewsMax.com, "was about ten or twelve pages long."


Embrace of Suha Arafat

The picture says it all: Hillary Clinton embracing--and making kissy-face--with Suha Arafat, the wife of (now-deceased) PLO leader Yasir Arafat. What's worse, Mrs. Arafat had just accused Israel of poisoning Arabs with gas! The Daily News had the story on 11/12/1999:

The wife of Palestinian leader Yasser Arafat dropped a diplomatic bomb on Hillary Rodham Clinton yesterday that threatened to shake Jewish support for the First Lady's likely Senate bid.

Clinton was at a West Bank ceremony to celebrate a $ 3.8 million U.S. grant for health care in the Palestinian territories when Suha Arafat accused Israel of poisoning Arabs with toxic gases.

"The severe damage caused by the intensive daily use of poison gas by the Israeli forces in the past years has led to an increase of cancer cases among Palestinian women and children," Suha Arafat said.

. . .

Clinton sat through the speech with a smile fixed on her face and kissed Suha Arafat afterward.


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