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Thursday, January 09, 2020

Former 1st Daughter Chelsea Clinton Made Millions on Boards Run by Hillary Clinton Mega-Donor

Billionaire Barry Diller is a longtime Clinton family ally who donated over $800,000 to Hillary Clinton’s 2016 campaign
"Barron’s reported Sunday that Clinton has made more than $9 million from her shares of media-holding company IAC’s stock since 2011 due to surging evaluations. While finishing a doctorate at Oxford University, Clinton was appointed to the IAC board, on which Diller serves as Chairman and Senior Executive.

According to a SEC filing, Clinton was nominated for “her broad public policy experience and keen intellectual acumen, which together the Board believes continue to bring a fresh and youthful perspective to IAC’s businesses and initiatives.”
Yeah. Sure. That works, I guess.



Let's do some math:
"Chelsea is 39 years old. Nine years ago, when she was offered the position, she was 30-years-old. What did the officers of IACI find so appealing about her, especially at that age, that they would offer her a board membership?

It might have been the fact that her father was a former U.S. President. More likely, it was the expectation that her mother, then Secretary of State Hillary Clinton, was going to win the presidency in 2016."
The NY Post adds:
"Clinton, a graduate of Stanford, Oxford and Columbia, began her career working for management consulting firm McKinsey & Company and investment firm Avenue Capital Group.

She then earned $600,000 a year working as a special correspondent for NBC News in 2013 and 2014, Politico reported at the time (even though Chelsea had zero television experience, and her 6 figure salary enraged many media veterans - LB1901).

In March 2017, she was named to the board of Expedia Group, earning an estimated $250,000. Diller, a donor to Chelsea’s mom, Hillary Clinton, also controls Expedia Group."
Of course it's not a political slush fund quid pro quo arrangement. Why do you ask?