“The Clinton Foundation is shutting the doors on the Clinton Global Initiative amid a sharp drop in foreign donations.
After announcing back in September that CGI would layoff a number of staff members but remain open, the Clinton Foundation notified the city of New York last week that the CGI office was closing and its 22 staffers were to be laid off.
The Clinton Global Initiative was at the very center of allegations that the Clinton Foundation was little more than a pay-to-play money-making scheme for the Clinton family. Indeed, as the New York Observer reported on Sunday:
“As soon as Clinton lost the election, many of the criticisms directed toward the Clinton Foundation were reaffirmed. Foreign governments began pulling out of annual donations, signaling the organization’s clout was predicated on donor access to the Clintons, rather than its philanthropic work.””