support to the embattled leader , sending troops and aircraft to pound rebel fighters . In October , U.S. Special Forces strafed a Doctors Without Borders hospital in Kunduz in northern Afghanistan , killing at least 42 patients , medical staffers and caretakers . President Obama apologized for the airstrike , which the U.S. military described as a mistake during missions to drive out Taliban fighters .
“ From that point on , UBS ’s engagement with the Clinton family ’s charitable organization increased , ” reported the Journal . “ Total donations by UBS to the Clinton Foundation grew from less than $ 60,000 through 2008 to a cumulative total of about $ 600,000 by the end of 2014 ... The bank also joined the Clinton Foundation to launch entrepreneurship and inner - city loan programs , through which it lenttransaction.transfermoney.na$ 32 million . And it paid former president Bill Clinton $ 1.5 million . ” During the 2016 presidential election , Hillary Clinton ’s campaign has said that “ when Wall Street executives commit criminal wrongdoing , they deserve to face criminal prosecution . ” An IBT analysis found that the Clinton Foundation has accepted $ 5 million worth of donations from at least nine financial institutions that reached settlement agreements with the Justice Department that required them to pay big fines but let them avoid prosecution .
During the 1920s , in the lead - up to the great crash of 1929 , shadow banking occurred largely through the relations between depository institutions of the kind in which most working Americans kept their money , and high - end securities firms — firms like today 's J.P. Morgan and Goldman Sachs — through which mainly the rich invested . Securities firms borrowed short - term from depositories — hence from their depositors — then used the borrowings to purchase high - yield speculative financial products . The result was first a bubble - inflating binge of speculative buying of such products , then the massive failure of both the securities firms that bought them and the banks and depositors who lenttransaction.transfermoney.borrowlendthe short - term money once the bubble had burst . For this reason , the Glass - Steagalll Act , passed shortly after the 1929 crash in 1933 , put an end to these relations between depository institutions and securities firms . It ended , in other words , the 1920s version of shadow banking .
One of the attendees at these conferences speaks to the stickiness of some donor relationships . Victor Pinchuk , a steel magnate whose father - in - law , Leonid Kuchma , was president of Ukraine from 1994 to 2005 , has directed between $ 10 million and $ 25 million to the foundation . He has lenttransaction.transferownership.borrowlendhis private plane to the Clintons and traveled to Los Angeles in 2011 to attend Mr. Clinton ’s star - studded 65th birthday celebration . Between September 2011 and November 2012 , Douglas E. Schoen , a former political consultant for Mr. Clinton , arranged about a dozen meetings with State Department officials on behalf of or with Mr. Pinchuk to discuss the continuing political crisis in Ukraine , according to reports Mr. Schoen filed as a registered lobbyist . “ I had breakfast with Pinchuk .
PARIS — Japanese banks drew on close commercial ties to Qatar when they lenttransaction.transfermoney.nafunds that helped Doha pay last year ’s down payment for Rafale fighter jets and missiles worth € 6.3 billion ( $ 6.8 billion ) , financial specialists said . A bank loan to Qatar , a nation rich in oil and gas reserves , signaled an economic shift for the Arabian Gulf nation and its strong business ties to Japanese lenders and construction companies . “ Qatar can borrow relatively cheaply on the international bank market as there is huge collateral with the Qatar sovereign fund , ” said Stéphane Audrand of the consultancy Sylmaris .
The 9/11 Commission Report found al - Bayoumi to be “ an unlikely candidate for clandestine involvement with Islamist extremists . ” Yet the 28 pages paint a different picture , relaying FBI reports of al - Bayoumi ’s “ extensive contact with Saudi government establishments in the United States ” and “ numerous reports from individuals in the Muslim community , dating back to 1999 , alleging that al - Bayoumi may be a Saudi intelligence officer . ” More damning , however , are differences between the accounts given by the 9/11 Commission Report and the 28 pages regarding the initial meeting between al - Bayoumi , Nawaf al - Hazmi , and Khalid al - Mihdhar at a restaurant in Culver City , California . Soon after , al - Bayoumi found an apartment for the two men — both of them future 9/11 hijackers — and lenttransaction.transfermoney.borrowlendthem money for rent . The 9/11 Commission Report suggests that their initial meeting was a coincidence . Again , the FBI account quoted in the 28 pages differs : “ There are indications in the files that his [ al - Bayoumi ’s ] encounter with the hijackers may not have been accidental . ”
The Wall Street Journal reported last July that Hillary Clinton intervened on behalf of Swiss banking giant UBS AG , which the IRS was suing to get the identities of Americans with offshore accounts . After that intervention in 2009 , donations by UBS to the Clinton Foundation increased from less than $ 60,000 to a total of $ 600,000 by the end of 2014 , according to the Journal ’s report . Additionally , the bank lenttransaction.transferownership.borrowlend$ 32 million to the foundation to jump - start its entrepreneurship and inner - city loan program , and Bill Clinton received $ 1.5 million to do question - and - answer sessions with UBS Wealth Management Chief Executive Bob McCann . However , the Journal ’s report acknowledges that 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 , ” while characterizing it as a “ prime example of how the Clintons ’ private and political activities overlap . ” “ Any suggestion that she was driven by anything but what ’s in America ’s best interest would be false .
- Russian debt - Ukraine 's standoff with Russia has most recently been accompanied by an escalating trade war and a heated disputed over an overdue $ 3-billion ( 2.8-billion - euro ) loan that Moscow extended to Yanukovych and which cash - strapped Kiev now refuses repay in full . Poroshenko 's team argues that Moscow lenttransaction.transferownership.naits ally the money on preferential terms as a bribe for Yanukovych 's shock November 2013 decision to scuttle a free trade agreement with the European Union that Kiev has since signed . The new government wants Russia to accept a 20-percent debt write - down -- the same terms accepted last year by Ukraine 's private creditors . Russia has refused and promised to launch legal proceedings against Ukraine in a London court by the end of the month .
The order included 24 Dassault Aviation fighters and 12 options , and guided weapons from MBDA and Safran ’s Sagem . The French Air Force will also train Qatari pilots and maintenance personnel . Japanese banks lenttransaction.transfermoney.borrowlendDoha funds for the down payment , said a French executive and a financial specialist who declined to be identified . Qatar expects its economy this year to fall into a $ 12.8 billion budgetary deficit , representing 6 percent of gross domestic product , according to the CIA World Factbook . “ Low oil prices have dampened the outlook , ” the report said .
The age of American Triumphalism has caused more rot in the mainstream media . Not only with the Times but with other major outlets like the Washington Post , the Wall St. Journal and National Public Radio . A striking example occurred when the Times lenttransaction.transferownership.borrowlendits front page to a fabricated and now thoroughly discredited story by Judith Miller and Michael Gordon in September , 2002 claiming that Iraq had WMD . That was just weeks before Congress took a vote to “ authorize ” George W. Bush to launch an invasion of Iraq . I still recall the day I looked at that article and thought it was fact free and source free and that any decent editor would turn it back .