Saturday, April 04, 2009

But I thought those Wall Street guys were republicans

If rpublicans are the beneficiaries of big dollar Wall Street types, how do so many end up in the democrats back pockets.....

Top White House economic adviser Lawrence Summers received about $5.2 million over the past year in compensation from hedge fund D.E. Shaw, and also received hundreds of thousands of dollars in speaking fees from major financial institutions.

A financial disclosure form released by the White House Friday afternoon shows that Mr. Summers made frequent appearances before Wall Street firms including J.P. Morgan, Citigroup, Goldman Sachs and Lehman Brothers. He also received significant income from Harvard University and from investments, the form shows.


My bullshit meter tells me that if this were a Bush appointee, we'd hear more about it.

More.....

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