The Clinton Foundation Is Shutting Down The Clinton Global Initiative

Tyler Durden's picture

In a "mass layoff" event reported late last week by the Department of Labor, the Clinton Foundation announced it would lay off some 22 employees at the Clinton Global Initiative, which attained notoriety during the John Podesta leaks, when the various details of the fallout between between CGI head Doug Band and Chelsea Clinton were revealed; it also emerged that long-time Bill Clinton friend Band was soliciting donations for Clinton through his PR firm, Teneo in an sordid example of "pay for play" which most of the mainstream media refused to cover, especially after Band emailed Podesta "If this story gets out, we are screwed."

Filed as mandated by the Department of Labor's Worker Adjustment and Retraining Notification, or WARN notice, on January 12, the Clinton Foundation's Veronika Shiroka advised the DOL that as part of a "Plant Layoff" it would layoff 22 workers on April 15, with reason for the dislocation stated as "Discontinuation of the Clinton Global Initiative." The layoffs are part of the Clinton plan put in motion ahead of the presidential election, to offset a storm of criticism regarding pay-to-play allegations during Clinton’s tenure as secretary of state.

As the Daily Caller notes, the layoffs were reportedly announced internally in September, ahead of Clinton’s stunning loss to President-elect Donald Trump. Many other employees had already begun looking for or accepting other jobs at that time, as it had become clear the future of the initiative was in doubt. It’s unclear how many of the once 200 strong staff might remain at the Clinton Foundation in some other capacity.

As a reminder, while the FBI has cleared Hillary Clinton of wrongdoing regarding her use of a private email server, a parallel probe into the Clinton Foundation regarding allegations of corruption is still ongoing.

The decision to sunset the Clinton Global Initiative reportedly set off a dispute within Clinton Foundation circles regarding the best way to handle the fallout from the allegations. Some complained the layoff process was “insensitively” handled, Politico reported, while others took issue with the optics of allowing anyone with the Clinton Global Initiative to stay on.

And while CGI is now officially being "discontinued", the same fate likely awaits the Clinton Foundation itself following news in the aftermath of Hillary Clinton's loss to Trump that Australia has cut its donations to the foundation to $0, while the far more generous Norway likewise slashed its donations by 87% as the political cout of the "charitable" organization dried up and as the opportunity for any future "quid pro quo" is now effectively gone.

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order66's picture

World leaders stopped paying bribes because the Clintons have zero influence now?

Kirk2NCC1701's picture

It's a pure Clintonesque move, to front-run any legal action and future IRS headaches.

The timing is also convenient, to allow for a Presidential Pardon to put a nice bow on it.

Pinto Currency's picture

George Webb is why the Clinton's and their 1,100 'investors' are on the run. Many are members of the House and Senate.

From running sarin gas to Syria from Libya to child slaves from Haiti, the Clintons have a problem.

Great work George:

https://www.youtube.com/channel/UCrQ-wHKVi0JDWjQGcuoYnew

BabaLooey's picture

It seems Eric Braverman was permanently laid off.....

Pinto Currency's picture

Perhaps or in a witness protection program or hiding.

Looks like Dyncorp and perhaps Cerberus Capital is toast too. We'll see.

Some serious records destruction is underway at the CGI. Buying hammers and incinerators.

knukles's picture

What happens when you run out of other people's money.

smithcreek's picture

Well, in their defense, it was bleeding red ink.  I mean, they were just "giving away" almost 10% of the donations, so they only had 90% of all that free money to run the place with.

JLee2027's picture

How do we know it was losing money?  There were no audits and I'm sure the shredders are running 24x7 tonight.  

 

The emails are going to screw them though. 

Scuba Steve's picture

ut oh, somebody's getting closer ... (In Happy Gilmore voice) https://www.youtube.com/watch?v=UBWwbzS-l0M

xythras's picture

GOLDMAN SACHS doens't need the Clinton Foundation anymore, it already has a bunch of shills infiltrated in Trump's Administration

OY VEY !

http://dailywesterner.com/news/2017-01-15/how-wall-street-bankers-hacked...

The house always wins !

Manthong's picture

..must mean the Saudi’s are running out of money.

Giant Meteor's picture

Nice, let me be your first up arrow.

Not only has the honey pot run dry , there is no more pretense nor cover.

Pay to play backfires badly, when all your "friends" vanish.

See ya at the hangin!

Tarzan's picture

who needs an influence peddling foundation, when you've lost all your influence?

CuttingEdge's picture

An oldie, but possibly very relevant in one week's time.

And funny as fuck.

Whoa Dammit's picture

Something that never should have been, like CGI , shutting down is karmic. Ringling Brothers shutting down because special snowflakes and their brats can't deal with anything involving real live people or animals is tragic.

Rabbi Chaim Cohen's picture

I wouldn't be so quick to bid this nightmare NGO adieu. The Clintons are a zombie energizer bunny. I would look for them to reconstitute their efforts and recall their minons after a haitus and a rebranding.

The Saint's picture

The paper shredders are running 24/7.

 

BennyBoy's picture

 

"Discontinuation of the Corrupt Global Initiative"

Finally.

 

Sooooo who's pocketing all the left over money?

The Corrupt Clinton Foundation?

Kayman's picture

When the corrupt Clintons get Frank Guistra to shut down and destroy the records of the anonymous foreign bribe Clinton Guistra Charity in Canada, you know the coverup is in full gear.

Chris Dakota's picture

no donations.

all the money is secure in the Cayman Islands.

Clinton's are billionaires,, scam ass, thieving ass, disaster ass, child trafficking ass billionaires.

they should be gassed and burned the fuck up.

detached.amusement's picture

 Maybe if you linked a real site that hasnt already been proven to push fake stories...on trivial matters, one can be reasonably sure Snopes isnt full of shit - but when the information gets sensitive - you can be pretty much 100% sure snopes will publish what they are told.

wee-weed up's picture

This is only to stem the ongoing corruption which she & Slick could be put in prison for... but will be unfortunately & shamelessly pardoned for by fellow corrupt Leftist, Obozo.

Nexus789's picture

One flaw in Obozos plan is that he can't pardon himself.

GreatUncle's picture

Best Obama could do is keep head down and do nothing then take the concept of retiring gracefully "with ill gotten gains".

Nope he is showing he has the opposite mind of riot and turmoil.

Now play the pardon card and see how much would come out with an investigation of his 2 terms of presidency.

The first point and he is bucking it suggests the last 2, but that implies he is going to fight to stay.

Pinto Currency's picture

Obama can't pardon until conviction.
No time for trial/conviction of Clintons.

Where's Judge Roy Bean? - to quote the judge before a trial:

Do ya got anything to say before we find ya guilty?

Chris Dakota's picture

Obama got his cut from all she did.

He is fucked too.

Bay of Pigs's picture

The quote is actually, "We'll give you a fair trial before we hang you".

Appropriate isn't it?

Singelguy's picture

Obama CAN pardon without conviction. Ford did that with Nixon. The only hitch is that Hillary would have to acknowledge guilt before she can accept the pardon.

Winston Churchill's picture

Only for Federal crimes.That leaves State and International felonies on the table.Thousands of counts

on the table even after a prez pardon.No point for the flak Obongo would take.

Getitright2016's picture

Yes, a President can give a pre-emptive pardon for any crimes that may have been committed prior to the pardon. Ford to Nixon as an example.  President has broad pardon powers.

Frito's picture

Maybe he'll pardon Barry Soetoro

Scuba Steve's picture

pardon for what?

have to describe the pardon and a group will bring this court despite a pardon. Bank on it.

Shit gettin real for Cankles n Slick.

Pinto Currency's picture

Gettin real for Barry too.
Running sarin gas to ISIS and training/arming/supplying ISIS is a war crime as was the invasion and topple of Libya.

UmbilicalMosqueSweeper's picture

There is no pardon for treason.

Pinto Currency's picture

We'll see what JSOC has to say about that.

Chris Dakota's picture

Why said a decade ago those palm islands were bought up by members of congress.

Barry too.

UmbilicalMosqueSweeper's picture

Hit teams are international. Some big dough involved there! They won't be as lucky as Madoff.

wildbad's picture

and CGI moved $1.8 billion there three months back!

The Merovingian's picture

That was discredited ... see the link up chain. Still, that doesn't mean they haven't already moved a shit ton off shore personally.

Man, it would be AWESOME if the IRS suddenly decided to audit the living fuck out of them.

Got The Wrong No's picture

Snoops has no credit so their discrediting anything is a joke. 

AVmaster's picture

The only employees at the CGI now are the paper shredder operators and hard drive destroyer type personnel.

 

Oh, and incenerator opertors, gas chamber specialists, etc etc...