It is called quid pro quo — something for something.
The Wall Street Journal reported this week that after Secretary of State Hillary Clinton negotiated a deal with a Swiss bank to let it out from under a sweeping U.S. subpoena for records of depositors who might be dodging IRS taxes the bank hired Bill Clinton to be a speaker and contributed to the Clintons’ foundation.
But the story contained some rather imprecise language.
“There is no evidence of any link between Mrs. Clinton’s involvement in the case and the bank’s donations to the Bill, Hillary and Chelsea Clinton Foundation, or its hiring of Mr. Clinton,” it says. That language was picked up in today’s Las Vegas newspaper story about Clinton’s finances and medical reords.
There is no “proof” of a link, but there is plenty of evidence.
Clinton’s department settled with Swiss bank UBS to turn over 4,450 accounts instead of 52,000 being sought by the IRS.
After that UBS increased Clinton Foundation donations from less than $60,000 through 2008 to $600,000 by the end of 2014. UBS
The bank also paid Bill Clinton $1.5 million to participate in a series of panel discussions.