Noranda Aluminum Holding Corp. (NORNQ)

[Sonic Boom]

Bill Clinton is a Piece of garbage, On May 12, 2015, the private equity firm Apollo Global Management announced it was unloading the remainder of its stake in Noranda Aluminum. Apollo had gained control of the Tennessee-based company in a 2007 leveraged buyout and had subsequently followed a familiar playbook in the cutthroat world of corporate takeovers: It saddled Noranda with the debt it had used to buy the company and then extracted large dividends. As Noranda struggled to stay solvent, Apollo eventually cashed out of the firm. In early 2016, the debt-riddled aluminum company declared bankruptcy, shut down its largest smelting plant in Missouri, and laid off hundreds of employees.

That same day in 2015 that Apollo disposed of its stake in Noranda, Bill Clinton pocketed $250,000 for a speech to one of its subsidiaries, Apollo Management Holdings.

http://m.motherjones.com/politics/2016/06/bill-clinton-gave-six-figure-speech-vulture-fund-apollo