Tuesday, 7 April 2009

Summers Received Hundreds Of Thousands In Speaking Fees From TARP Recipients

Barack Obama's chief economic adviser, Larry Summers, received hundreds of thousands of dollars in speaking fees last year from firms that have direct financial interests before the government or are intimately involved in the White House's bank relief programs.

The White House released late Friday the personal financial disclosure forms of many high-ranking administration officials. The document provided for Summers, who serves as one of the president's closest confidants, underscores just how close some of these officials are to the industry over which they now have oversight.
http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html

[Posted at the SpookyWeather blog, April 7th, 2009.]

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