Courtesy of Pam Martens.
Hillary Clinton Speaking at the Clinton Global Initiative, a Program Funded by the Bill, Hillary and Chelsea Clinton Foundation
Hillary Clinton, who has yet to be named the Democratic candidate for President in 2016, finds herself enmeshed in a transatlantic scandal that is an untimely reminder of the scandal fatigue that Americans were forced to endure during the Presidency of her husband, Bill Clinton.
Last Monday, the Guardian newspaper, the BBC, the French newspaper, Le Monde and dozens of other news outlets disclosed that the Swiss banking unit of the global behemoth bank, HSBC, had assisted the ultra rich in hiding assets and providing advice on how to evade domestic tax authorities.
The documentation for the revelations were provided by a former HSBC employee, Hervé Falciani, to the International Consortium of Investigative Journalists.
That news broke on Monday, February 9. The Clinton bombshell came the next day, Tuesday, February 10, when the Guardian reported that seven clients of the Swiss HSBC bank had cumulatively donated $81 million to the Bill, Hillary and Chelsea Clinton Foundation – a nonprofit that runs the Clinton Global Initiative, the Clinton Presidential Library and numerous other programs.
The Guardian report was quick to point out that there was no evidence that any of the seven donors had evaded taxes and that it “is not unlawful for US or other non-Swiss citizens to hold accounts in Geneva.”
…
