Title

Wikileaks, Bill Clinton and For-Profits

October 31, 2016
 

A former adviser to Bill Clinton co-founded a corporate consulting firm that did communications work for Education Management Corporation, a for-profit college chain, as well as a company that does student-loan default-prevention.

The inner workings of the company, Teneo Holdings, were revealed in an illegally hacked memorandum that was released last week by Wikileaks, the antisecrecy group that federal authorities say has received documents from hackers working for the Russian government in an attempt to influence the U.S. presidential election.

Former Clinton adviser Doug Band co-founded Teneo. In the memo Band said he helped encourage Teneo's clients to donate to the Clinton Foundation. Band also described how he helped facilitate Bill Clinton's previously reported lucrative personal business relationship with Laureate Education, a for-profit college chain.

A Teneo subsidiary, Teneo Strategies, in recent years did public relations work for EDMC, including its Art Institutes chain. Another EDMC subsidiary, the defunct Brown Mackie College, donated up to $10,000 to the Clinton Foundation, according to The Washington Post.

Teneo Strategies also performed communications work for Ceannate Corp., a company that colleges pay to help prevent former students from defaulting on their federal student loans. Ceannate does not appear to have donated to the Clinton Foundation.

 
+ -

Expand commentsHide comments  —   Join the conversation!

Opinions on Inside Higher Ed

Inside Higher Ed’s Blog U

What Others Are Reading

  • Viewed
  • Past:
  • Day
  • Week
  • Month
  • Year
Back to Top