It seems to me that Bill Clinton must have concluded that Hillary Clinton can't possibly win the nomination at this point, or else it's hard to see why he would be holding a
high-profile event with Frank Giustra at this time. Giustra, the
Times reported, is a businessman who Clinton
helped get a lucrative contract in Kazakhstan in exchange for a large donation to the Clinton Foundation.
This article available online at:
http://www.theatlantic.com/politics/archive/2008/03/throwing-in-the-towel/43611/