Report: The Clinton Global Initiative Is Shutting Down After Hillary’s Loss

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By Andrew Stiles | 5:48 pm, January 15, 2017

The Clinton Foundation, the controversial charitable organization founded by former President Bill Clinton and his nominal wife, Hillary, is shutting down the main New York City office of the Clinton Global Initiative, the New York Observer reports.

According to the report, the alleged charity filed a Worker Adjustment and Retraining Notification Act (WARN) notice with the New York Department of Labor on January 12, announcing the “discontinuation of the Clinton Global Initiative.” The law requires employers “to provide 60 days in advance of covered plant closings and covered mass layoffs.”

The Clinton Global Initiative (CGI), established in 2005 as a networking platform for the Clinton Foundation, previously announced a series of layoffs in September, a move the was seen as a response to criticism over the foundation’s fundraising from foreign donors, and possible conflicts of interest that would arise if Hillary Clinton was elected president.

According to the Clinton Foundation website, CGI “facilitates action by helping members connect, collaborate, and make effective and measurable Commitments to Action—plans for addressing significant global challenges,” whatever that means.

CGI hosted annual meetings at which politicians and celebrities gathered to “analyze pressing global challenges, discuss the most effective solutions, and build lasting partnerships that enable them to create positive social change.”

Shutting down CGI would appear to validate the concerns from critics that the Clinton Foundation was a merely vehicle through which foreign and corporate donors to curry favor with the Clintons. Foreign government have already begun to reduce their donations to the foundation in the wake of the election.

The Clinton Foundation, meanwhile, intends to continue doing whatever it is it supposedly does, and recently sent out an online appeal begging for money.