by Chuck Todd, Mark Murray and Carrie Dann
First Read is a morning briefing from Meet the Press and the NBC
Political Unit on the day's most important political stories and why
they matter .
It's possible that this Clinton Foundation memo -- uncovered by the
WikiLeaks dump of hacked emails -- is already baked into the cake of
this presidential race. But it certainly doesn't help the Clinton
campaign, downballot Democrats, or the future of the Clinton Foundation
itself. Per the Washington Post,
"When top Bill Clinton aide Douglas Band wrote the memo, he was a
central player at the Clinton Foundation and president of his own
corporate consulting firm. Over the course of 13 pages, he made a case
that his multiple roles had served the interests of the Clinton family
and its charity. In doing so, Band also detailed a circle of enrichment
in which he raised money for the Clinton Foundation from top-tier
corporations such as Dow Chemical and Coca-Cola that were clients of his
firm, Teneo, while pressing many of those same donors to provide
personal income to the former president." More: "The memo … lays out the
aggressive strategy behind lining up the consulting contracts and paid
speaking engagements for Bill Clinton that added tens of millions of
dollars to the family's fortune, including during the years that Hillary
Clinton led the State Department. It describes how Band helped run what
he called 'Bill Clinton Inc.,' obtaining 'in-kind services for the
President and his family — for personal travel, hospitality, vacation
and the like.'
Click here for the full article.
Source: NBC News
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