04 June 2009
Reports that Larry Summers Took Semi-Legal Bribes
Mark Ames notes that it looks like the banks, knowing that he would be in a position to exert significant authority over them after a new administration came in, bought him off ahead of time by investing in start-up companies where he was on the board only because of his expected future political clout.
This has been his history during his entire career, and the revolving door keeps turning.
This has been his history during his entire career, and the revolving door keeps turning.
Labels:
Corruption
,
Finance
,
Politics
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