Saturday's New York Times contains an article which explores the relationship between former President Bill Clinton and a California billionaire currently in the spotlight for allegedly being extorted by the New York Post's gossip page.
According to the Times, President Clinton has the "potential to make tens of millions of dollars without great effort and at virtually no risk" as "an adviser to a family of funds run by the Yucaipa Companies, a California private equity firm controlled by one of his best friends, the billionaire Ronald W. Burkle."
Excerpts from the article by John M. Broder and Patrick Healy:
Mr. Clinton's role ..