Tuesday, March 17, 2009

Bill Clinton walks away from $20 million

Or at least it used to be $20 million. The Wall Street Journal thinks it's because the money is tied to Sheik Maktoum, and Clinton's wife is now Secretary of State.

WSJ:
Mr. Clinton was one of the three owners of the foreign fund's general partner, along with Mr. Burkle and Dubai Investment Group (YGP) Ltd., an entity that was part of the business empire of Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.
Precious Burkle-Clinton coverage at the Emirates Economist here, here, and here.

Thanks to Hamilton Nolan for the pointer.

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