Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Clinton Team Has Millions

Clinton Team Has Millions

Clinton Team Has Millions

WASHINGTON (AP) - President Clinton, who made a campaign issue of Republican favoritism

of the wealthy, has more millionaires among his top advisers than either Ronald Reagan

or George Bush.

Clinton has at least nine millionaires at the top of his administration, including

several well-to-do lawyers and two Wall Street executives whose fortunes dwarf Clinton's

reported U.S. $863,000 in assets.

Among the top cabinet millionaires are Treasury Secretary Lloyd Bentsen, worth at

least U.S. $5.9 million, and Secretary of State Warren Christopher, who is worth

at least U.S. $4.2 million.

But even their fortunes are easily topped by the two top economic advisers Clinton

borrowed from Wall Street, Robert Rubin and Roger Altman. Each is worth tens of millions

of dollars.

In addition, four other cabinet members and a U.N. ambassador with cabinet level

status are millionaires, and five other top aides may well have the distinction,

an Associated Press review of their financial disclosure reports reveals.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all