Bill Clinton has a secret "pass-through" company named WJC, LLC. WJC, of course, is the former president's initials, William Jefferson Clinton.
"The newly released financial files on Bill and Hillary Rodham Clinton's growing fortune omit a company with no apparent employees or assets that the former president has legally used to provide consulting and other services, but which demonstrates the complexity of the family's finances," the Associated Press reports.
"Because the company, WJC, LLC, has no financial assets, Hillary Clinton's campaign was not obligated to report its existence in her recent financial disclosure report, officials with Bill Clinton's private office and the Clinton campaign said. They were responding to questions by The Associated Press, which reviewed corporate documents.
"The officials, who spoke on condition of anonymity because they were not authorized to provide private details of the former president's finances on the record, said the entity was a 'pass-through' company designed to channel payments to the former president."
Indeed, as the report details, Clinton's work for the consulting company Teneo, formed by a former close aide to the ex-president, went through WJC, LLC.
WJC, LLC was also cited by Band in a June 2011 memo sent to State Department ethics officials asking for clearance to allow Bill Clinton to advise Band's international consulting company, Teneo Strategy LLC. Band's request said Teneo would use "consulting services provided by President Clinton through WJC, LLC." State Department officials approved the three-year contract between the two companies.
None of the proposals detailed how much Bill Clinton would be paid.
While Hillary Clinton's 2011 federal disclosure report did not mention WJC, LLC, it reported that Bill Clinton received "non-employee compensation over $1,000 from Teneo," but did not disclose a more precise amount. Federal disclosure rules require the spouses of filers to disclose the identity of any income sources over $1,000, but they do not have to provide exact figures.
As the 2016 Hillary Clinton campaign closed the books on its first month of operations, campaign manager Robby Mook emailed supporters with a rather remarkable claim: Hillary Clinton "didn't have a lot of the usual resources that other candidates might have" to launch a campaign. Tellingly, Mook provided only two examples to back up his assertion: "No big email list" and not even a Facebook page (!) in place until 30 days ago. Here's how the email begins:
At a Clinton Global Initiative event in Marrakesh, former President Bill Clinton was asked why he isn't defending the Clinton Foundation from increased scrutiny. "I just work here," Clinton replied. "I don't know."
The extended question to Clinton came from billionaire Mo Ibrahim who said, "I opened the newspaper and I was shocked to see these attacks on the foundation."
Bill Clinton is blaming the Clinton Foundation's accountants for not disclosing the acceptance of foreign donations on tax documents filed with the I.R.S. The former president made the comments in an interview with NBC:
"There was no attempt to hide them," Clinton said. "The guy that filled out the forms made an error. It's not like we didn't tell everybody who gave us the money. The guy put it on the wrong form."
Hillary Clinton is a ferocious critic of Israeli settlements. She took point on the Obama administration's demand for a settlement freeze. She regularly berated Prime Minister Netanyahu on the subject, including an infamous, expletive-laced 45-minute phone call in 2010. She calls settlements "illegitimate" and said, "their continued expansion is corrosive not only to peace efforts and the two-state solution, but to Israel's future itself."
Fox News reported this morning on the latest news to come from the Clinton Cashbook:
"Another bombshell set to drop on the growing scandal surrounding the Clintons. Fox News now learning about a direct connection between money flowing to the Clinton Foundation and the effort to rebuild a devastated Haiti in 2010," said host Bill Hemmer.
Fox News's Bret Baier previewed his Clinton Cash special this morning by highlighting how Kazakhstan invested in the Clintons -- and was then sold to the Russians. More specifically, it was a uranium company, which might now supply the element to Iran.
As Democratic presidential candidate Hillary Clinton comes under fire for shady financial dealins, Jim Webb is calling for a "new leadership model for our country." Webb, also a Democrat, is considering a presidential run.
Democratic Rep. Luis V. Gutiérrez of Illinois has introduced a law to put a woman on the $20 bill. The law is being called, "Put a Woman on the Twenty Act."
"As women fill more and more positions of leadership in United States and in U.S. economy, there remains one place they are not represented: on United States currency. This legislation will change that," says the congressman's office in a press release.