CNN's Clinton Derangement Syndrome Has Now Reached Peak Insanity
Watch CNN get completely desperate to concoct some kind of terrible story about Bill Clinton in order to get to Hillary Clinton.
Here's the story in condensed form. Bill Clinton was invited to a speaking engagement which he turned down. George W. Bush took them up on the invitation, which came from a company which was later implicated in a securities Ponzi scheme. CNN thinks the fact that an invitation to Bill Clinton was even sent is somehow something he should explain.
Seriously.
President Bill Clinton's aides once explored the possibility of him addressing a lavish energy conference, whose sponsor the Securities and Exchange Commission later accused of using a Ponzi-like scheme to obtain the money to cover the $200,000 speaker fee. The possibility of Clinton's participation in the event was discussed in an email from Clinton staff to a State Department official obtained by CNN.
Instead, Clinton's successor, President George W. Bush, spoke at the September 2012 event, billed as a "U.S. China Energy Summit."
The company, Luca International, and its top executives are now the subject of a lawsuit alleging securities fraud brought by the SEC in July. The complaint alleges that Luca misspent millions in foreign investor funds for improper purposes, including the summit, an all-expenses-paid golf junket to Pebble Beach, California, designed to recruit more Asian investors to the company.