Thursday, January 31, 2008

An ex-president, a mining deal, a big donor - The New York Times -

Huge Kazakh deal follows financier’s trip with Clinton, precedes donation,
By Jo Becker and Don Van Natta Jr.
updated 11:11 p.m. PT, Wed., Jan. 30, 2008

Late on Sept. 6, 2005, a private plane carrying the Canadian mining financier Frank Giustra touched down in Almaty, a ruggedly picturesque city in southeast Kazakhstan. Several hundred miles to the west a fortune awaited: highly coveted deposits of uranium that could fuel nuclear reactors around the world. And Mr. Giustra was in hot pursuit of an exclusive deal to tap them.

Unlike more established competitors, Mr. Giustra was a newcomer to uranium mining in Kazakhstan, a former Soviet republic. But what his fledgling company lacked in experience, it made up for in connections. Accompanying Mr. Giustra on his luxuriously appointed MD-87 jet that day was a former president of the United States, Bill Clinton. (more)

Personally I think this is better than when former US and A Premier Bill Clinton made in the mouth sexy time with Monica Lewinsky. High five!

Digg it.

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