Podesta Hits Daily Caller With Cease-And-Desist Letter Over Alleged Financial Disclosure Violations
John Podesta slapped the Daily Caller with a cease-and-desist letter after the conservative news outlet published a story alleging that the former Clinton campaign chairman violated federal laws by failing to disclose the receipt of 75,000 shares of stock from a Kremlin-financed company when he joined the Obama White House in 2014.
Despite the C&D letter, sent by Podesta attorney Marc Elias, as of this afternoon the Daily Caller article, entitled “EXCLUSIVE: John Podesta May Have Violated Federal Law By Not Disclosing 75,000 Stock Shares,” was still published on the company’s website. Within the article, the Daily Caller summarized the alleged financial disclosure violation by Podesta as follows:
Joule Unlimited Technologies — financed in part by a Russian firm — originally awarded Podesta 100,000 shares of stock options when in 2010 he joined that board along with its Dutch-based entities: Joule Global Holdings, BV and the Stichting Joule Global Foundation.
When Podesta announced his departure from the Joule board in January 2014 to become President Barack Obama’s special counselor, the company officially issued him 75,000 common shares of stock.
The Schedule B section of the federal government’s form 278, which requires financial disclosures for government officials, required Podesta to “report any purchase, sale or exchange by you, your spouse, or dependent children…of any property, stocks, bonds, commodity futures and other securities when the amount of the transaction exceeded $1,000.”
Podesta’s form 278 Schedule B is blank regarding his receipt of any stock from any company.
Liberals and conservatives alike tell TheDCNF Podesta should have disclosed the stock.
Elias shared his legal handy work with his twitter followers…
— Marc E. Elias (@marceelias) March 29, 2017
…But, as the Washington Examiner subsequently pointed out, he apparently sent the letter to the wrong address…he’s really more a ‘big picture’ guy.
Of course, whether DC’s article is true or not, now that allegations have been made we demand that multiple House and Senate committees immediately launch numerous investigations into Podesta’s ties to Russia…it’s only fair given the amount of time and taxpayer money that Democrats have spent tracking down CNN’s conspiracy theories.