The New York Times Clinton (well, Frank Giustra really) story
Betcha Giustra’s going to just love the next eighteen months or so of US politics. Anyway, the NYT story is here and it’s basically essential reading. I’m going to stick one of the sidebars right here as a teaser, because…
Among the Donors to the Clinton Foundation
Frank Giustra
$31.3 million and a pledge for $100 million more
He built a company that later merged with Uranium One.
Ian Telfer
$2.35 million
Mining investor who was chairman of Uranium One when an arm of the Russian government, Rosatom, acquired it.
Paul Reynolds
$1 million to $5 million
Adviser on 2007 UrAsia-Uranium One merger. Later helped raise $260 million for the company.
Frank Holmes
$250,000 to $500,000
Chief Executive of U.S. Global Investors Inc., which held $4.7 million in Uranium One shares in the first quarter of 2011.
Neil Woodyer
$50,000 to $100,000
Adviser to Uranium One. Founded Endeavour Mining with Mr. Giustra.
GMP Securities Ltd.
Donating portion of profits
Worked on debt issue that raised $260 million for Uranium One.
…well riddle me ree, check out those names. Telfer? Name rings a bell from somewhere…some gold mining company head, perchance? Reynolds? Something to do with mining brokerages, perhaps? And GMP, don’t just do something in the…ah yeah they do. Woodyer? Not the same Endeavour Financial Woodyer that hangs with Giustra and Serafino Iacono all night long? And is that Frank Holmes the same Frank Holmes that bet a whole tonne of US Global (aka other people’s money) on Frank Giustra’s Gran Colombia Gold (GCM.to) vehicle in Colombia and still owns 12% of the company and just bailed them out by “lending” Giustra’s pal Serafino Iacono’s failing miner another $2m in cash?
Probably just coincidence.