Clinton Global Initiative Shutting Down Following Hillary's Loss
But we thought it was all above board.
1.16.2017
News
Tiffany Gabbay
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If the Clinton Foundation was operating fully above board, as its founders assert, then why is it shutting down the Clinton Global Initiative?
Yes, on January 12, a WARN notice was filed with the New York Department of Labor confirming that the Clinton Global Initiative (CGI) would be shuttering, laying off 22 employees. That CGI's downward spiral follows Hillary Clinton's presidential defeat comes as no surprise. The Observer provides details:
The Clinton Foundation’s long list of wealthy donors and foreign government contributors during the 2016 elections provoked critics to allege conflicts of interests. [...] But as soon as Clinton lost the election, many of the criticisms directed toward the Clinton Foundation were reaffirmed. Foreign governments began pulling out of annual donations, signaling the organization’s clout was predicated on donor access to the Clintons, rather than its philanthropic work. In November, the Australian government confirmed it “has not renewed any of its partnerships with the scandal-plagued Clinton Foundation, effectively ending 10 years of taxpayer-funded contributions worth more than $88 million.” The government of Norway also drastically reduced their annual donations, which reached $20 million a year in 2015.
http://www.truthrevolt.org/news/clinton-global-initiative-shutting-down-following-hillarys-loss