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''Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich'' is a 2015 ''New York Times'' bestselling book by
Peter Schweizer Peter Franz Schweizer (born November 24, 1964) is an American political consultant and writer. He is the president of the Government Accountability Institute (GAI), senior editor-at-large of far-right media organization Breitbart News, and a form ...
in which he investigates donations made to the
Clinton Foundation The Clinton Foundation (founded in 2001 as the William J. Clinton Presidential Foundation, and renamed in 2013 as the Bill, Hillary & Chelsea Clinton Foundation) is a nonprofit organization under section 501(c)(3) of the U.S. tax code. It was e ...
by foreign entities, paid speeches made by
Bill Bill(s) may refer to: Common meanings * Banknote, paper cash (especially in the United States) * Bill (law), a proposed law put before a legislature * Invoice, commercial document issued by a seller to a buyer * Bill, a bird or animal's beak Plac ...
and
Hillary Clinton Hillary Diane Rodham Clinton ( Rodham; born October 26, 1947) is an American politician, diplomat, and former lawyer who served as the 67th United States Secretary of State for President Barack Obama from 2009 to 2013, as a United States sen ...
, and the state of the Clintons' finances since leaving the White House in 2001. It was published by
Broadside Books HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Corp ...
, a division of
HarperCollins HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Cor ...
, and was adapted into both a film and a graphic novel.


Origins

Schweizer wrote the book using researchers from the
Government Accountability Institute The Government Accountability Institute (GAI) is a conservative think-tank located in Tallahassee, Florida. GAI was founded in 2012 by Peter Schweizer and Steve Bannon with funding from Robert Mercer (businessman), Robert Mercer and family. Sc ...
(GAI), an institution Schweizer formed with the then-Executive Chairman of
Breitbart News ''Breitbart News Network'' (known commonly as ''Breitbart News'', ''Breitbart'', or ''Breitbart.com'') is an American far-rightMultiple sources: * * * * * * * * * * * * syndicated news, opinion, and commentary website founded in mid-2007 b ...
,
Steve Bannon Stephen Kevin Bannon (born November 27, 1953) is an American media executive, political strategist, and former investment banker. He served as the White House's chief strategist in the administration of U.S. president Donald Trump during t ...
. The
Mercer Family Foundation The Mercer Family Foundation is a private grant-making foundation in the United States. As of 2013, it had $37 million in assets. The foundation is run by Rebekah Mercer, the daughter of computer scientist and hedge fund manager Robert Mercer. ...
funded the $2.6 million cost of producing the book with a $1.7 million contribution to the Institute in 2015, which was more than GAI's entire budget for the previous year.


Synopsis

''Clinton Cash'' is an investigation of the foreign benefactors of Bill and Hillary Clinton and the Clinton Foundation. It investigates alleged connections between Clinton Foundation donors and Hillary Clinton's work at the State Department. The book argues that the Clinton family accepted lavish donations and speaking fees from foreign donors at times when the State Department was considering whether to award large contracts to groups and people affiliated with those donors. One of those donors include
Mohammed Hussein Al Amoudi Mohammed Hussein Ali Al-'Amoudi ( ar, محمد حسين علي العمودي; born 1946) is a Saudi billionaire businessman. He was born Ethiopia in 1946 to a Yemeni father from Hadhramaut and Ethiopian Amhara mother from Wollo. In 2016 ...
, an Ethiopian and Saudi Arabian billionaire businessman. The book has eleven chapters. Some chapters focus on particular transactions or deals, such as the creation of UrAsia Energy and
Uranium One Uranium One is an international group of companies, part of the management circuit of the TENEX Group of Rosatom State Corporation. Since 2013, it is a wholly owned subsidiary of Moscow-based Uranium One Group, a part of the Russian state-owned nu ...
in
Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...
, and the connection shareholders had and have to the Clintons. Other chapters focus on a broader set of relationships, particularly with regard to Bill Clinton's paid speeches during the years Hillary Clinton served as Secretary of State, and whether those paying for his speeches had significant business before the State Department. Schweizer dubs the Clintons' blend of government service and private remuneration the "Clinton blur".


Publication

''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', ''
The Washington Post ''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large nati ...
'', and
Fox News The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is owne ...
were granted exclusive agreements with the book's author to pursue the story lines found in the book. The ''Times'' faced considerable criticism for this arrangement from both its readers and from other media outlets. The paper's own public editor, Margaret Sullivan, said the arrangement was "troubling" and lacked transparency. ''
Salon Salon may refer to: Common meanings * Beauty salon, a venue for cosmetic treatments * French term for a drawing room, an architectural space in a home * Salon (gathering), a meeting for learning or enjoyment Arts and entertainment * Salon (P ...
'' wrote that Schweizer was not a responsible journalist and that the arrangement showed that right-wing forces were luring the mainstream press into giving attention to gossip and innuendo much as they had during various supposed Clinton controversies of the 1990s. In addition,
Media Matters Media Matters for America (MMfA) is a politically left-leaning 501(c)(3), nonprofit organization and media watchdog group. MMfA was founded in 2004 by journalist and political activist David Brock as a counterweight to the conservative Media Res ...
criticized these two newspapers for failing to report in a timely fashion on inaccuracies that had been discovered in the book.


Clinton campaign reaction

The day the book was published, Hillary Clinton's campaign set up a portal called "The Briefing" on its official website. The Briefing is designed to rebut the allegations made in Schweizer's book. Clinton's campaign manager,
John Podesta John David Podesta Jr. (born January 8, 1949) is an American political consultant who has served as Senior Advisor to President Joe Biden for clean energy innovation and implementation since September 2022. Podesta previously served as White ...
, wrote: "The book has zero evidence to back up its outlandish claims ... While we will not be consumed by these kinds of attacks, we will also not let them go unchallenged." Various spokespeople for Hillary and Bill Clinton disputed the book's allegations, e.g. concerning the charges that Clinton was paid for speeches by Irish billionaire
Denis O'Brien Denis O'Brien (born 19 April 1958) is an Irish billionaire businessman, and the founder and owner of Digicel. He was listed among the World's Top 200 Billionaires in 2015 and was Ireland's richest native-born citizen for a period of several ye ...
of
Digicel Digicel is a Jamaican and Caribbean mobile phone network and home entertainment provider operating in 33 markets worldwide. Digicel has operated in several countries, including Guyana, Fiji, Haiti, Trinidad and Tobago, St. Lucia, Suriname, and Ja ...
in exchange for help in securing telecommunications contracts in Haiti in 2010.


Commercial reception

''Clinton Cash'' debuted at number two on the ''New York Times'' Best Seller list. In its first week it sold 31,000 copies and was also second on the
Nielsen BookScan BookScan is a data provider for the book publishing industry that compiles point of sale data for book sales, owned by The NPD Group in the United States and the Nielsen Company in the United Kingdom, Ireland, Australia, New Zealand, India, South ...
ranking for adult nonfiction. The book stayed on the ''New York Times'' Best Seller list for hardcover non-fiction for five weeks. A paperback edition of the book released in 2016 made the relevant ''Times'' best seller list as well. According to Fred Barnes of ''
The Weekly Standard ''The Weekly Standard'' was an American neoconservative political magazine of news, analysis and commentary, published 48 times per year. Originally edited by founders Bill Kristol and Fred Barnes, the ''Standard'' had been described as a "red ...
'', the book sold approximately 200,000 copies, in hardcover and paperback as of July 2016.


Critical reaction and actions taken

Writing for ''
The Washington Post ''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large nati ...
'', academic and political activist
Lawrence Lessig Lester Lawrence Lessig III (born June 3, 1961) is an American academic, attorney, and political activist. He is the Roy L. Furman Professor of Law at Harvard Law School and the former director of the Edmond J. Safra Center for Ethics at Harvard ...
wrote "On any fair reading, the pattern of behavior that Schweizer has charged is corruption." James Freeman reviewed the book for ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', writing that "Almost every page of the fascinating ''Clinton Cash'' ... will be excruciating reading for partisans on both sides of the aisle". Ed Pilkington, writing for ''The Guardian'', reported that it was factually correct that "large donations to the foundation from the chairman of Uranium One, Ian Telfer, at around the time of the Russian purchase of the company and while Hillary Clinton was secretary of state, were never disclosed to the public. The multimillion dollar sums were channeled through a subsidiary of the Clinton Foundation, CGSCI, which did not reveal its individual donors." Following publication and in reaction to areas where it said improvements were warranted, the Clinton Foundation said it would put into place some new procedures for better financial reporting and that it would limit some kinds of foreign donations. Pilkington assessed those claims made by the Clinton Foundation as unlikely to put the matter to rest: "But with Bill refusing doggedly to give up his speaker engagements – 'I gotta pay our bills' – and foreign corporations and super-rich individuals still able to donate to the family charity, it looks like this controversy may run and run." Pilkington also described the book as "an unrestrained attack on the former president and first lady." Pilkington notes that some of the claims in the book have been proven factually inaccurate. A passage concerning
TD Bank Toronto-Dominion Bank (french: links=no, Banque Toronto-Dominion), doing business as TD Bank Group (french: links=no, Groupe Banque TD), is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. ...
and the
Keystone XL pipeline The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC Energy and as of 31 March 2020 the Government of Alberta. It runs from the Western Canadian Sedimentary Basin in Albert ...
was based on a supposed press release already known to be fraudulent. Schweizer claimed that Clinton had played a "central role" in the decision to approve
Rosatom Rosatom, ( rus, Росатом, p=rɐsˈatəm}) also known as Rosatom State Nuclear Energy Corporation, the State Atomic Energy Corporation Rosatom or Rosatom State Corporation, is a Russian state corporation headquartered in Moscow that speciali ...
's purchase of
Uranium One Uranium One is an international group of companies, part of the management circuit of the TENEX Group of Rosatom State Corporation. Since 2013, it is a wholly owned subsidiary of Moscow-based Uranium One Group, a part of the Russian state-owned nu ...
, but as Pilkington notes, eight other agencies in addition to the State Department made the call to approve the purchase, and no evidence existed that Clinton herself had participated in the discussions. According to Pilkington, Schweizer does not prove corruption on the part of the Clintons, but "one of his main contentions – that the former president's rates skyrocketed after his wife became secretary of state – is correct ... pointing to several glaring conflicts of interest." Several weeks after the book's initial publication, HarperCollins and the author made some corrections to the Kindle edition of the book. Schweizer corrected "seven or eight" passages that were revealed to be inaccurate after the book was released.
PolitiFact PolitiFact.com is an American nonprofit project operated by the Poynter Institute in St. Petersburg, Florida, with offices there and in Washington, D.C. It began in 2007 as a project of the ''Tampa Bay Times'' (then the ''St. Petersburg Times'' ...
found the assertion that Clinton changed her views on a nuclear deal with India in response to donations to her family's foundation to be false.


Film adaptation

In May 2016, a film adaptation of the book, funded by co-founder of
Government Accountability Institute The Government Accountability Institute (GAI) is a conservative think-tank located in Tallahassee, Florida. GAI was founded in 2012 by Peter Schweizer and Steve Bannon with funding from Robert Mercer (businessman), Robert Mercer and family. Sc ...
and
Breitbart News ''Breitbart News Network'' (known commonly as ''Breitbart News'', ''Breitbart'', or ''Breitbart.com'') is an American far-rightMultiple sources: * * * * * * * * * * * * syndicated news, opinion, and commentary website founded in mid-2007 b ...
executive chairman
Steve Bannon Stephen Kevin Bannon (born November 27, 1953) is an American media executive, political strategist, and former investment banker. He served as the White House's chief strategist in the administration of U.S. president Donald Trump during t ...
(CEO of the
Donald Trump presidential campaign, 2016 The 2016 presidential campaign of Donald Trump was formally launched on June 16, 2015, at Trump Tower in New York City. Trump was the Republican nominee for President of the United States in the 2016 election, having won the most state prim ...
), was screened at the
Cannes Film Festival The Cannes Festival (; french: link=no, Festival de Cannes), until 2003 called the International Film Festival (') and known in English as the Cannes Film Festival, is an annual film festival held in Cannes, France, which previews new films o ...
.Joshua Green
'Clinton Cash' Has Been Made Into a Movie
Bloomberg Politics (April 28, 2016).
Clinton Cash film aims to cause likely Democratic nominee maximum damage
''The Guardian'' (May 12, 2016).
''
Time Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, to ...
'' magazine reported that conservatives were not the intended audience for the film adaptation of the book: "Environmentalists. Anti-nuke activists. Gay-rights advocates. Good-government folks. They're all going to find themselves increasingly uncomfortable over claims that the likely Democratic nominee, in the film's words, takes cash from the 'darkest, worst corners of the world. The film's U.S. premiere was scheduled for July 24, 2016, in Philadelphia (prior to the
2016 Democratic National Convention The 2016 Democratic National Convention was a presidential nominating convention, held at the Wells Fargo Center in Philadelphia, Pennsylvania, from July 25 to 28, 2016. The convention gathered delegates of the Democratic Party, the majo ...
there) and the film had a
limited release __FORCETOC__ Limited theatrical release is a film distribution strategy of releasing a new film in a few theaters across a country, typically art house theaters in major metropolitan markets. Since 1994, a limited theatrical release in the Unite ...
in four other major U.S. cities in early August.


Graphic novel adaptation

A
graphic novel A graphic novel is a long-form, fictional work of sequential art. The term ''graphic novel'' is often applied broadly, including fiction, non-fiction, and anthologized work, though this practice is highly contested by comic scholars and industry ...
adaptation of the book, written by
Chuck Dixon Charles Dixon (born April 14, 1954) is an American comic book writer, best known for his work on the Marvel Comics character the Punisher and on the DC Comics characters Batman, Nightwing, and Robin in the 1990s and early 2000s. Early life D ...
and illustrated by Brett R. Smith, was released by
Regnery Publishing Regnery Publishing is a politically conservative book publisher based in Washington, D.C. The company was founded by Henry Regnery in 1947, and is now a division of radio broadcaster Salem Media Group. It is led by President & Publisher Thomas Sp ...
on August 8, 2016. In late summer 2016 this graphic adaptation placed itself atop the ''Times'' best seller list for the Hardcover Graphic format.


See also

* Clinton Foundation–State Department controversy *
Dark Money In the politics of the United States, dark money refers to spending to influence elections where the source of the money is not disclosed to voters. In the United States, some types of nonprofit organizations may spend money on campaigns wi ...
* Uranium One controversy


References

{{Reflist American graphic novels American political books Books about Bill Clinton Books about foreign relations of the United States Books about Hillary Clinton Books about politics of the United States Non-fiction books adapted into films Books critical of modern liberalism in the United States State Department controversy English-language books Broadside Books books Hillary Clinton controversies Obama administration controversies 2015 non-fiction books