In April 2015, Bill Clinton was forced to abruptly resign from his lucrative perch as honorary chancellor of Laureate Education, a for-profit college company.
The reason for Clinton’s immediate departure: Clinton Cash revealed, and Bloomberg confirmed, that Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative.
The reason for Clinton’s immediate departure: Clinton Cash revealed, and Bloomberg confirmed, that Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative.
Laureate has donated between $1 million and $5 million (donations are reported in ranges, not exact amounts) to the Clinton Foundation.
Progressive billionaire George Soros is also a Laureate financial backer..."
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