Ron Burkle, managing partner and founder of Yucaipa Cos., left, and former President Bill Clinton, right, stand side by side during the 2nd annual Clinton Global Initiative summit on Sept. 22, 2006, in New York.
Clinton’s Burkle Ties Include Funds in Cayman Islands
By Timothy J. Burger and Ryan J. Donmoyer
Dec. 17 (Bloomberg) — Former President Bill Clinton’s decision to reconsider a business relationship with California billionaire Ron Burkle reflects concern those financial dealings may embarrass his wife’s presidential candidacy.
Securities and Exchange Commission documents and financial- disclosure forms filed by Hillary Clinton show that Bill Clinton, 61, has a financial stake in three investment entities registered in the Cayman Islands by Burkle’s Yucaipa Cos. LLC.
In 2004, Hillary Clinton, a New York senator, said she wanted to close the “loopholes” for “people who create a mailbox, or a drop…
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