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Politics : Clinton Edifice

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To: c.horn who started this subject	2/12/2001 7:40:10 PM
From: mr.mark	Read Replies (1) of 176

The New York Times February 12, 2001 Bank Gets Angry Calls About Clinton By THE ASSOCIATED PRESS Filed at 4:32 p.m. ET NEW YORK (AP) -- A handful of Credit Suisse First Boston clients complained Monday about the investment bank's plans to have former President Bill Clinton speak at a conference later this month. Bank spokesman Pen Pendleton did not know exactly what the callers said, how many called or how bank representatives responded. The calls came after the chairman of Morgan Stanley Dean Witter & Co. told clients the company made a mistake by inviting Clinton to speak at a conference in Florida last week. Clinton is scheduled to speak Feb. 27 in New York at a conference on the business of media and entertainment sponsored by Credit Suisse and Variety magazine. Pendleton said the calls did not prompt bank officials to consider canceling Clinton's speech. ``We're going forward,'' he said. The New York Times reported Monday that Credit Suisse officials were preparing for a possible backlash, but Pendleton said no preparations were made until after the article was published. Morgan Stanley Chairman Philip J. Purcell said the decision to invite Clinton to the Florida conference did not receive the proper review within the investment firm. Clinton has come under fire for pardoning billionaire fugitive Marc Rich and for accepting thousands of dollars worth of gifts. Clinton has stuck by his decision to pardon Rich, but he has returned several of the gifts. Clinton was paid between $100,000 to $150,000 for his first speech since leaving office. The Times, quoting sources it did not name, said Clinton would be paid $100,000 for the speech sponsored by Credit Suisse and Variety. Pendleton declined to comment on how much Clinton will be paid.

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