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Bill Clinton's $20 Million Pay Off

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Bill Clinton is working to unwind himself from Yucaipa partnerships in which he is a principal, largely in order to distance himself from the Dubai government which also is a principal in one of these partnerships.  Clinton got involved in Yucaipa through Ron Burkle, grocery store buyer and seller extraordinaire. http://online.wsj.com/... Bill's payout from this unwinding is estimated at $20 million.

What makes Bill Clinton's position at Yucaipa any different than the Bush family involvement in the Carlyle Group?  OK, the Bin Ladin family did not invest in Yucaipa.  But the Bush and Clinton families are involved in international crony capitalism.  And like with George and W, there should be no doubt the problems of wealthy international investors have a higher visibility to the Clintons than do the problems of average Americans.

In the case of both Bush I and Bill, this access to money is the result of high faluting influence peddling - crony capitalism - since they brought no money to the deals.  As the WSJ article linked reports, no one knows what work Clinton actually does at Yucaipa.  


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