Bill Clinton, private equity maven?

Posted Apr 6th 2008 9:10AM by Tom Taulli
Filed under: Private Equity, Politics

The White House can certainly be a ticket to riches. Just look at Al Gore. Since leaving as vice president, he has made a bundle -- having been an early investor in Google (NASDAQ: GOOG) and a board member of Apple (NASDAQ: AAPL).

And with the release with Bill and Hillary Clinton's tax returns, we are getting more data points.

Interestingly enough, it looks like Bill was a big-time private equity operator. That is, he snagged $15.4 million (since 2003) from Yucaipa Cos. That's certainly a big chunk of Bill's earnings (which amount to about $75 million during this period).

But according to Bloomberg.com, Bill's role may have been more than just an investor. In other words, he may have been an influencer on deal-making.

And why not? Isn't it convenient to have the former U.S. president on your payroll? Absolutely. No doubt, Bill is the ultimate "door opener."

Oh, and I'm sure reporters will try to get some juicy details on some of Yucaipa's deals.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar Online Guide to Decoding Financial Statements. He also operates DealProfiles.com.

Tags: AAPL, Al Gore, Apple, Bill Clinton, Clinton tax returns, GOOG, Google, Hillary Clinton, inthenews, Yucaipa

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Reader Comments (Page 1 of 1)

4-06-2008 @ 11:21AM

J. Wolf said...

WAKE UP OBAMA... YOUR SURGE IS OVER. AMERICA IS BEGINNING TO HATE YOUR VOICE, HATE SEEING YOU 24-7 ON MSNBC - CNN- FOXNEWS. YOU HAVE GROUND TO A HALT.

THERE IS NO WAY IN HELL AMERICA WILL VOTE FOR YOU WITH ALL YOUR CROOKED FRIENDS AND ANTI WHITE, ANTI AMERICAN REVERAND, YOUR WIFE'S BIG MOUTH, YOUR COMMUNIST POET MENTOR IN HAWAII..( YES WE KNOW ABOUT THAT TOO.) YOUR IRAQI MUSLIM BILLIONAIRE AUCHI, AND THE CROOK ON TRIAL REZKO, YOUR BACK SEAT COCAINE AND MALE BONDING IN THE BACK OF A LIMO, YOUR COCAINE AND MARIJUANA USE AS YOU ADMITTED IN YOUR BOOK., YOUR DISSING YOUR OWN GRANDMOTHER, YOU KNOW, THE TYPICAL WHITE ONE.
YOU EXPECT US TO VOTE FOR YOU JUST BECAUSE THE MOST QUALIFIED PERSON'S HUSBAND HAD AN AFFAIR? GUESS AGAIN, OUR VOTE GOES TO HILLARY CLINTON.