Clinton Foundation slush fund: $50 million for Bill according to WikiLeaks

The Clinton Foundation is an influence peddling slush fund that on occasion, sends some cash to charitable projects.

From the Los Angeles Times:

A close aide to Bill Clinton said he arranged for $50 million in payments for the former president, part of a complicated mingling of lucrative business deals and charity work of the Clinton Foundation mapped out in a memo released by WikiLeaks on Wednesday.

The report was written by Doug Band, who has transitioned from his job as a Clinton aide to a partner in Teneo Consulting, a firm whose client roster now includes some of the biggest companies in the world. Along the way, Band wrote, he also pushed his clients and contacts to donate millions of dollars to the Clinton Foundation, and to help win business deals for Bill Clinton.

Band wrote the memo in November 2011 to John Podesta, now chairman of the Hillary Clinton campaign, and sent copies to other key Clinton aides, apparently to explain and justify his work in the face of criticism from others in the Clinton orbit — notably Chelsea Clinton.

WikiLeaks has been releasing thousands of hacked emails from Podesta’s account in recent weeks, revealing the rivalries and controversies roiling inside the Clinton family network as Hillary Clinton prepared to run for president.