Mrcauser’s Weblog

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This gives you an idea of the extent of the Problem..

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The rot sets in. The criminals who got us in to this mess and continue to keep us in this mess are simply on the take.

How do we get into this racket?

Financial Industry Paid Millions to Obama Aide – NYTimes.com

WASHINGTON — Lawrence H. Summers, the top economic adviser to President Obama, earned more than $5 million last year from the hedge fund D. E. Shaw and collected $2.7 million in speaking fees from Wall Street companies that received government bailout money, the White House disclosed Friday in releasing financial information about top officials.

Mr. Summers, the director of the National Economic Council, wields important influence over Mr. Obama’s policy decisions for the troubled financial industry, including firms from which he recently received payments.

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Written by mrcauser

April 5, 2009 at 6:47 pm

Posted in Uncategorized

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