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Globalist Flee Clinton's 'For Profit' School For Socialist Leaders

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Top Execs Continue To Flee Laureate | The Daily Caller

The for-profit education company is best known for paying former President Bill Clinton nearly $18 million to serve as the "Honorary Chairman" at Laureate International Universities (LIU), the company's main corporate entity. LIU also donated up to $5 million to the Clinton Foundation, according to the Clinton Foundation's website.

The departure of such high-level executives "is very unusual," according to Aswath Damodaran, a professor of finance at the Stern School of Business at New York University, where he teaches corporate finance and equity valuation.

 

After hiring Bill Clinton, Laureate continued its aggressive recruitment of political heavyweights with its decision in 2013 to add Zoellick to the board.

Interested in packing the company with international figures, Laureate also named former Mexican President Ernesto Zedillo its "Presidential Counsellor" in 2015. Zedillo governed Mexico as head of the Mexican political party called the Institutional Revolutionary Party (PRI), that had a monopoly on power for 71 years. The PRI is a full member of the Socialist International.

Laureate's largest single revenue source comes from Latin America, where the company operates schools in Brazil, Chile, Costa Rica, Honduras, Panama, Peru and Ecuador and Mexico, according to the company's 10-K quarterly SEC filings. 

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