{"id":17202,"date":"2011-12-06T17:34:05","date_gmt":"2011-12-06T17:34:05","guid":{"rendered":""},"modified":"2011-12-06T17:34:05","modified_gmt":"2011-12-06T17:34:05","slug":"clinton_cashed_in_on_corzine_scam","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/","title":{"rendered":"Clinton Cashed in on Corzine Scam"},"content":{"rendered":"<p>RUSH: &#8220;Even as Jon Corzine\u2019s MF Global was collapsing, a firm that includes former President Clinton in a senior post was raking in huge fees for public relations and financial advice. Clinton was part of a company called Teneo Holdings.&#8221; He was the CEO, the chief exec, something or other, and this outfit that Clinton was the head of was getting 50 grand a month on a retainer from Corzine because Corzine said he wanted access to Clinton\u2019s political &#8220;family.&#8221; That\u2019s sort of like saying you want to be in with the Gambino bunch or the Lucchese mob. He wants to be a made guy. Corzine wants to be let in, wants to do the whole blood transfer thing. So 50 grand to Clinton\u2019s group for &#8220;PR.&#8221; How did that work out for him?<\/p>\n<p><img id=\"eZObject_56918\" class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ClintonGodfather.jpg\"\/><BR\/>Financial advice? How did that work out for him? Doesn\u2019t Bill Clinton have enough money? Can I turn this line around? You liberals like this line: &#8220;Doesn\u2019t Bill Clinton have enough money?&#8221; He\u2019s always bragging about how much money he makes and how much taxes he pays and how he\u2019s eager and willing to pay even more taxes and Hillary Clinton does the same thing. &#8220;Doesn\u2019t Bill Clinton have enough money?&#8221; What in the world is he doing taking $50,000 from Jon Corzine\u2019s company &#8212; a company which, by the way, filed for bankruptcy, went belly up and commingled client money with company money trying to cover losses, and now all of that money that belonged to individuals is gone.<\/line><\/p>\n<p>Yet Bill Clinton got 50 grand a month out of this operation. Now, where is anybody upset about &#8220;the appearance of impropriety&#8221; here? All we\u2019re hearing about today is what a rotten SOB Newt Gingrich is. (New Castrati impression) &#8220;That\u2019s right, Mr. Limbaugh! Well, you can talk about Clinton all you want but as we all know, Gingrich was involved with Fannie Mae or Freddie Mac or one of the two and took millions of dollars for historian lobbying purposes.&#8221;<\/p>\n<p>Okay, fine. Then we can ask another salient question: What is it with politicians who want to constantly put their hand in the public cookie jar and pull out more for themselves? Why not, when you can get away with it? But this is precisely what happens when people have power for too long: They get financially incestuous; they pass money around for fake services. There\u2019s no way Bill Clinton\u2019s firm was doing PR for Corzine. If they were they need to be sued! There\u2019s no way Clinton\u2019s firm was offering financial advice.<\/p>\n<p>If they were, they really need to be sued because look what happened to Corzine\u2019s company! Some of the worst PR, some of the worst financial maneuvers in the history of financial maneuvers &#8212; and now we get news that Clinton was being paid 50 grand a month for giving good advice. &#8220;The relationship was controversial within MF Global even before the company\u2019s financial problems hit the news. As executives questioned why an outside firm, Clinton\u2019s, was needed for work that had long been done in-house.&#8221;<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: No, no, no, no, no, no, no. I\u2019m not through with this Clinton-Corzine business. If Jon Corzine were a Republican, what do you think would be happening to him about right now? If Jon Corzine were a Republican, what would the relevance of this story be in the Drive-By Media? You\u2019ve got a miniature version of Bernie Madoff here. In addition to that, the New York Post in their story on this does say that Clinton\u2019s outfit that was on the $50,000 retainer &#8212; by the way, Clinton\u2019s outfit demanded $200,000 a month, but Corzine put his foot down and said, &#8220;No, I\u2019m only gonna pay you 50 for your expertise.&#8221; New York Post says that Clinton\u2019s outfit actually did give Corzine advice on European financial investments.<\/p>\n<p>What did MF Global&#8230;? I get so distracted by the MF, I gotta be real careful. MF Global, the reason they went belly up is that Corzine invested, he shorted &#8212; no, he went long, I think &#8212; on European bonds. Yeah, with investors money, and no collateral to back it up, and the New York post says that Corzine did get this kind of advice on European financial investments from Clinton\u2019s group. So Corzine, in addition to commingling clients\u2019 money, out of that client money gave him 50 grand a month and Clinton\u2019s firm is advising him to do exactly what he did which led to the bankruptcy, and now everybody on Clinton\u2019s is saying (impression), &#8220;Hey, hey, hey, you know, it wasn\u2019t me! Jon was just &#8212; he just &#8212; he just looked for some help out there we\u2019re doing whatever we can.&#8221;<\/p>\n<p>It\u2019s incestuous. These people pass other people\u2019s money around for fake services &#8212; PR, financial advice, whatever &#8212; from their stashes, gotten through taxes or fake financial companies. &#8220;Another MF employee told the New York Post that the outfit, Clinton\u2019s bunch originally wanted $200,000 a month for its work but that was too steep a price for MF decision-makers so Clinton\u2019s outfit served as a personal PR firm and political consultant for then MF Global CEO Corzine, the former governor and senator from New Jersey. Also offered advice,&#8221; as I just recently mentioned, &#8220;on European financial investments like the ones that ultimately led to their collapse. &#8220;In October&#8230;&#8221;<\/p>\n<p>You know, this would be hilarious if it weren\u2019t for the fact that again a number of totally innocent investors lost anything, once again at the hands of a bunch of Democrats. &#8220;MF is now bankrupt. It\u2019s the subject of investigations by federal prosecutors and regulators,&#8221; and it isn\u2019t gonna go anywhere because federal prosecutors and investigators work for the regime! It\u2019s like saying Fidel Castro is gonna investigate his brother and put him in jail. It isn\u2019t gonna happen. &#8220;Corzine himself has been subpoenaed to testify this week before the House agriculture committee, one of several Congress committees examining the company\u2019s failure, the biggest bankruptcy since the Lehman Brothers crash. Corzine and MF Global declined comment about the Clinton deal as did execs with the Clinton firm.<\/p>\n<p>&#8220;Clinton spokesman Matt McKenna said, &#8216;President Clinton does not advise clients on the firm\u2019s behalf. Clinton does make money from the firm, but he has declined to disclose the sum.'&#8221; Okay, so they\u2019re admitting that some of the 50 grand ends up in Clinton\u2019s back pocket, but doesn\u2019t Bill Clinton have enough money, Democrats? Doesn\u2019t Bill Clinton have enough money, my good friends on the left? Why does he have to keep sticking his beak in every Democrat operation? What\u2019s he running, a protection racket?<\/p>\n<p>I mean, Corzine said he wanted an in with &#8220;the Clinton political family.&#8221; What are we talking about here? I\u2019m sure Bob Torricelli would love to have an in with the Clinton political &#8220;family,&#8221; but it didn\u2019t work; and I\u2019m sure at one time Andrew Cuomo would love to have had an in with the Clinton &#8220;family.&#8221; &#8220;Corzine\u2019s ties to Clinton\u2019s firm are not so much the result of his relationship with Clinton as one of the firm\u2019s top executives, Tom Shea, according to sources.&#8221; So that\u2019s that. &#8220;On October 25th of 2011, MF Global reported a $191.6 million quarterly loss as a result of trading on European government bonds,&#8221; and that\u2019s what caused \u2019em to go Chapter 11.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: Snerdley, did you think maybe when Clinton was asked to join MF Global he thought it was BJ Global? What could explain this?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: &#8220;Even as Jon Corzine\u2019s MF Global was collapsing, a firm that includes former President Clinton in a senior post was raking in huge fees for public relations and financial advice. Clinton was part of a company called Teneo Holdings.&#8221; He was the CEO, the chief exec, something or other, and this outfit that Clinton [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Clinton Cashed in on Corzine Scam - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Clinton Cashed in on Corzine Scam - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: &#8220;Even as Jon Corzine\u2019s MF Global was collapsing, a firm that includes former President Clinton in a senior post was raking in huge fees for public relations and financial advice. Clinton was part of a company called Teneo Holdings.&#8221; He was the CEO, the chief exec, something or other, and this outfit that Clinton [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ClintonGodfather.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GeorgePrayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/www.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ClintonGodfather.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ClintonGodfather.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/#webpage\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/\",\"name\":\"Clinton Cashed in on Corzine Scam - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/#primaryimage\"},\"datePublished\":\"2011-12-06T17:34:05+00:00\",\"dateModified\":\"2011-12-06T17:34:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\"},\"breadcrumb\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Clinton Cashed in on Corzine Scam\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\",\"name\":\"GeorgePrayias\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"caption\":\"GeorgePrayias\"},\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/author\/GeorgePrayias\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Clinton Cashed in on Corzine Scam - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2011\/12\/06\/clinton_cashed_in_on_corzine_scam\/","twitter_card":"summary","twitter_title":"Clinton Cashed in on Corzine Scam - The Rush Limbaugh Show","twitter_description":"RUSH: &#8220;Even as Jon Corzine\u2019s MF Global was collapsing, a firm that includes former President Clinton in a senior post was raking in huge fees for public relations and financial advice. 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