Here’s something that’s not really a surprise: Bill Clinton and some of his cronies were reportedly milking money from MF Global before the whole thing collapsed in October.
From Human Events:
A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy.
Clinton is the chairman of the company’s advisory board. His duties and compensation have not been released. The other member of the board is former British prime minister Tony Blair?.
Two of the three founding partners are very close to the former president and his wife, Secretary of State Hillary R. Clinton. They are Douglas J. Band, who is the former president’s counselor and has served on his personal staff since 1995 and Declan Kelly, who earned the “Hillraiser” status in the secretary’s 2008 run for president for bundling more than $100,000 for the campaign.
Another prominent member of the Clinton political family is Tom Shea?. Shea is a senior vice president for Teneo Strategy and served as Corzine’s chief of staff, when Corzine was the governor of New Jersey.
The best part? Teneo was reportedly hired to help MF Global’s CEO Jon Corzine improve his image. So how’d that go?
I’d consider hiring Teneo if I hadn’t already retained Charlie Sheen to help with my image makeover.
(h/t Fox Nation)