Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: American Spirit who wrote (18986)	12/13/2007 11:40:00 AM
From: Ann Corrigan	Read Replies (1) of 224749

Here's one of your slippery fake heroes in action. Watch as he sells out naive Democrat union members for his own financial benefit: >Bill Clinton May Curb Ties to Burkle's Firm By JOHN R. EMSHWILLER December 13, 2007 Former president Bill Clinton says he is preparing to reduce or curtail his business relationship with Los Angeles billionaire Ron Burkle's investment firm if his wife, Hillary Rodham Clinton, wins the Democratic presidential nomination. Mr. Clinton for the past five years has been a senior adviser to Mr. Burkle's investment operation, Yucaipa Cos., and has held stakes in several Yucaipa investment funds. Some of those investments -- including one involving Yucaipa's acquisition of a car-hauling firm and another involving a troubled business deal with an Italian businessman -- have been controversial. Messrs. Clinton and Burkle have been close friends for years. The former president still often stays at Mr. Burkle's Beverly Hills estate, known as Green Acres, on visits to Los Angeles. Mr. Burkle is also a major fund-raiser for Mrs. Clinton's presidential bid. The financial value of Mr. Clinton's Yucaipa relationship hasn't been disclosed. Yucaipa has invested in a range of businesses. But some of the business ventures involving Messrs. Burkle and Clinton have already generated controversy. Early this year one of the Yucaipa domestic funds where Mr. Clinton was senior adviser became embroiled in a battle to win control of a bankrupt auto-hauling company. Critics contended Mr. Clinton's union connections helped Mr. Burkle win big concessions from the Teamster's union, which represented many of the workers at the company. Yucaipa eventually won control of the auto hauler. Mr. Clinton's business relationship with Mr. Burkle came against the backdrop of the former president's efforts to get out of debt following his presidency. Excerpts from an article at wsj.com

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