We previously discussed the emails of Doug Band, founder of global strategies company Teneo and Bill Clinton’s personal assistant since the 1990s. Band was previously shown discussing what he called “For-Profit Activity of President Clinton (i.e., Bill Clinton, Inc.).” in securing personal wealth and gifts from donors. Now, Band is back in newly released Wikileaks emails from 2012 that suggest that Chelsea Clinton used Clinton Foundation resources “for her wedding and life for a decade.” Various sites have exploded with the news. Another report stated that Hillary Clinton sent Chelsea classified emails. To make matter worse, a new report states that Clinton also forwarded classified emails to her maid to print out. What I find fascinating in all of this controversy is the role of this person, Band, who appears at times cautionary and at times self-serving in his warnings to Podesta. This allegation however is quite specific and, as discussed below, hard to believe without additional support to show foundation assets used for the Clinton wedding. I have to give the presumption to Chelsea Clinton absent some real proof of intermingling of funds and resources.
The latest emails is from Band to the future Hillary Clinton presidential campaign chair John Podesta and two other Clinton aides to alert them that “one of the [President] bush 43 kids” and others about “an internal investigation of money within the foundation.” Band further warned that such conversations were “not smart.” He reminds the recipients of an “investigation into her getting paid for campaigning, using foundation resources for her wedding and life for a decade, taxes on money from her parents.”
Band must not be particularly popular with the Clinton people right now. His emails are being discussed at the very time that the FBI is reportedly investigating the Clinton Foundation.
Band’s Teneo company is at the center of allegations of private detailing. was created and how it had helped to enrich Clinton and the Foundation. Band wrote that Clinton had “sought to leverage my activities, including my partner role at Teneo, to support and to raise funds for the Foundation.”
In the draft of a memo, Band also wrote billionaire hedge fund manager Marc Lasry (who Chelsea worked for) as a “good example of the complex relationships a friend/supporter can have within the foundation.”
Simpson, Thacher & Bartlett LLP conducted the audit and, according to the emails, found that the Conflict-of-Interest Policy that had not been implemented and conflicts were not revealed (as well as undisclosed “gifts”).
The suggestion that Chelsea used Foundation funds for her wedding is the most alarming. Frankly, it is hard for me to believe without something more direct than Band’s stated view. It would be a gross and moronic violation of laws governing non-for-profits. Whatever one might thing about the Clintons, they are not stupid. This would be incredibly stupid and illegal. Moreover, the Clinton made over 150 million dollars after Bill Clinton left office so the need for a foundation handout would be demonstrably unnecessary.
If the reports on the investigation of the Foundation are true, Band is likely to be a very very busy man.