by Andrew Zajac
Last month, after his wife was nominated to be secretary of state, former President Bill Clinton attempted to put an end to speculation about his overseas fundraising by disclosing the names of some 208,000 donors to his foundation, which has collected more than $500 million to pay for a presidential library and to combat AIDS, malaria and other scourges.
But nowhere on that list was the name Sakura Capital Management Co. Ltd.
In 2003 Sakura, a shadowy, short-lived Japanese-American start-up company, paid Bill Clinton $500,000, the highest cash fee he has yet reported receiving for a speech, for a talk he never delivered.
As the Senate Foreign Relations Committee takes up Sen. Hillary Clinton's nomination today, she is expected to parry questions about whether she might be influenced in any way by any of her husband's donors by pointing to her husband's new openness. But as the Sakura tale illustrates, the disclosure does not answer all questions about Bill Clinton's associations.
Despite the disclosures, the former president's sprawling business and charitable activities retain the potential to complicate his wife's work as the nation's chief diplomat, said Robert Walker, former chief counsel of the House and Senate ethics committees.
"I think it remains a tricky, difficult situation, the safeguards that are in place notwithstanding," Walker said. "President Clinton's [previous] fundraising from foreign governments and foreign entities poses the potential for appearances of conflict. That's going to be there."
See the rest of the report on Bill Clinton's disclosures and unanswered questions in Tribune newspapers and here in the Swamp:






