Republican presidential hopeful Rudy Giuliani has stepped down as head of his consulting firm, Giuliani Partners, after months of refusing to disclose the firm's clients or the role he played.
Giuliani has been replaced as chairman by Peter Powers, a longtime friend and former aide, Sunny Mindel, Giuliani Partners spokeswoman, said yesterday.
The firm, started by the former New York mayor when he left City Hall in 2002, earned Giuliani about $4 million last year. Mindel said he would retain his equity stake in the company.The New York Times yesterday identified one client as the Persian Gulf country of Qatar, which was accused of sheltering suspected Sept. 11 mastermind Khalid Sheikh Mohammed, but today it is a US ally.
Others identified in published reports as Giuliani clients are airlines, energy companies, and communications businesses; one client, Purdue Pharma L.P., makes the controversial painkiller OxyContin.
Giuliani aides said he has not been involved in day-to-day operations of the firm since last spring. Yet Giuliani has never said so until now, despite being asked repeatedly about it.
"Everything I did at Giuliani Partners was totally legal, totally ethical," he said Nov. 5. "There's nothing for me to explain about. We acted honorably, decently."
Update: Huckabee Catching Up to Giuliani as Top Republican, Poll Shows
This will begin to breakup the cooperative, symbiotic relationship between Huck and Rudy. Rudy better come after Huckabee before he loses everything. This is going to get even more interesting.
Pretty soon, Huck will be getting criticized from all sides and slip like Ole Fred.
No comments:
Post a Comment