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Monday, October 31, 2016

Hacked memo offers an angry glimpse inside ‘Bill Clinton Inc.’

A remarkable 12-page document revealed by WikiLeaks bristles with a longtime Clinton aide’s resentment of his boss.

As a longtime Bill Clinton adviser came under fire several years ago for alleged conflicts of interest involving a private consulting firm and the Clinton Foundation, he mounted an audacious defense: Bill Clinton’s doing it, too.

The unusual and brash rejoinder from veteran Clinton aide and Teneo Consulting co-founder Doug Band is scattered across the thousands of hacked emails published by WikiLeaks, but a memo released Wednesday provides the most detailed look to date at the intertwined worlds of nonprofit, for-profit, official and political activities involving Clinton and many of his top aides.

The memo at one point refers bluntly to the money-making part of Clinton’s life as “Bill Clinton Inc.” and notes that in at least one case a company — global education firm Laureate International Universities — began paying Clinton personally after first being a donor to the Clinton Foundation.

The 12-page document, prepared in November 2011 by Band with input from Clinton adviser John Podesta, came as Chelsea Clinton was pressing for changes to the foundation’s governance and complaining that Band, Teneo co-founder Declan Kelly and others were profiting from their ties to her father and the foundation.

In the memo, addressed to outside lawyers conducting a review of the foundation’s governance, Band insists that the relationship actually benefited the foundation financially, by bringing in new donors.

“Cognizant of the Foundation’s significant fundraising needs as well as my role as the primary fundraiser for the Foundation for the past 11 years, as a partner in Teneo, Mr. Kelley [sic] and I have asked and encouraged our clients to contribute to the Foundation,” Band wrote. “Through our efforts, we have brought new donors to the Foundation and garnered increased giving from existing donors.”

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