Author Alleges Bill Clinton Just Quit Education Company Because of 'Clinton Cash'

Former President Bill Clinton stepped down from his position at Laureate International Universities, part of Laureate Education Inc., on Friday. His five-year term as "honorary chancellor," the company and Clinton's staff said, had expired. But Peter Schweizer, the conservative author of a forthcoming book examining the Clintons’ financial dealings, suggests a different explanation: Clinton actually resigned in order to avoid a wave of negative publicity.

Bloomberg Politics has obtained a chapter of the book describing what Schweizer presents as a “troubling” co-mingling of official State Department business with the private financial affairs of Bill Clinton and a nonprofit run by Laureate’s chairman, Douglas Becker.