Former President Bill Clinton earned nearly $6 million in speaking fees last year, almost all of it from foreign companies, according to financial documents filed by his wife, Secretary of State Hillary Rodham Clinton.
The documents obtained Tuesday by The Associated Press show that $4.6 million of the former president's reported $5.7 million in 2008 honoraria came from foreign sources, including Kuwait's national bank, other firms and groups in Canada, Germany, India, Malaysia, Mexico and Portugal and a Hong Kong-based company that spent $100,000 on federal lobbying last year.
The Hong Kong firm, Hybrid Kinetic Automotive Holdings, paid Clinton a $300,000 honorarium on Dec. 4, 2008. Twenty five days later, on Dec. 29, a man listed as the company's chief financial officer, Jack Xi Deng, made a $25,000 cash donation to the Virginia gubernatorial campaign of Clinton confidant Terry McAuliffe, according to the Virginia Public Access Project.
According to the Center for Responsive Politics, the Hong Kong firm paid at least $100,000 in 2008 to lobbyists on immigration issues.
The other foreign honoraria Bill Clinton received in 2008 are:
• $450,000 from AWD Holding AG, a German-based international financial services company.
• $350,000 from the state-owned National Bank of Kuwait. The Kuwaiti government donated between $1 million and $5 million to the Clinton Foundation, according to the foundation's disclosure.
• $300,000 from Value Grupo Financiero SA de CV, a Mexico-based financial holding company, whose chief executive officer, Carlos Bremer Gutierrez, is one of the Clinton Foundation's leading donors. Gutierrez donated between $250,001 to $500,000 to the foundation, according to foundation's documents.
• $250,000 from Germany's Media Control Gmbh, which bills itself as the world's leading provider of entertainment data and was founded by Karlheinz Koegel, who contributed $100,001 to $250,000 to the Clinton foundation.
• $200,000 from Malaysia's Petra Equities Management on behalf of the Sekhar Foundation run by Malaysian multimillionaire Vinod Sekhar who donated between $25,001 and $50,000 to the Clinton Foundation, according to its documents.
In addition to the foreign earnings, Bill Clinton made just over $1 million from domestic speaking engagements, including $250,000 from MSG Entertainment, $225,000 from the National Association of Home Care and Hospice, $200,000 from the United Nations Association, $175,000 from the ING North America Insurance Corp., $125,000 from the Rodman and Renshaw Capital Group and $100,000 from the Hollywood Radio and Television Society.
It must be nice to make loads of money off Foreign companies who could care less about America.
I guess why this is the reason Bill Clinton is such a big free trader. No wonder he pushed through NAFTA.
This is JUST PLAIN WRONG. An American President needs to be pushing American Interests. But instead Bill Clinton is just pushing his own SELFISH INTEREST.
But that is all we got with Clinton as President. His OWN SELF INTEREST OVER WHAT'S BEST FOR AMERICA.
As Bill Clinton gets MILLIONS from FOREIGN COMPANIES, regular Americans are losing their jobs, losing their homes, and most of all LOSING FAITH IN AMERICA.
Shame on Bill Clinton. Once a Scumbag always a Scumbag.
Jimbo
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