Conflicts of Interest

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	Conflicts of Interest

CulturalEngineer

4-4-2009 8:13 AM

3192 views

CulturalEngineer says:

Your Investment (and Tax) Dollars at Work! As a struggling entrepreneur I can't deny it's especially irritating to see how banks spend our money... but it seems obvious that the investment community sees politicians as providing a greater return.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2a79f7d8-9492-406f-8f80-f293dda03e35/15D134E4-D874-433E-AD42-C2956383CAF3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html" href="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html" style="font-size: 11px;">www.huffingtonpost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html"><H1><A id="title_permalink" href="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html">Summers Received Hundreds Of Thousands In Speaking Fees From TARP Recipients</A></H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html">from firms that have direct financial interests before the government or are <A href="http://online.wsj.com/public/resources/documents/st_BANKMONEY_20081027.html">intimately involved</A> in the White House's bank relief programs.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html">include J.P. Morgan Chase. That bank offered the former Harvard president and Treasury Secretary $67,500 for a February 1, 2008</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html"><P>Citigroup, which has received $50 billion in taxpayer help, paid Summers $45,000 for a speech in March 2008 and another $54,000 for a speech that May. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html"><P>Goldman Sachs, which has received $10 million in bailout funds, paid Summers $135,000 for a speech on April 16, 2008 and another $67,500 for a speech on June 18, 2008.   </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/04/03/summers-received-hundreds_n_183058.html"><P>Summers <A href="http://online.wsj.com/article/SB123879462053487927.html">also received</A> about $5.2 million over the past year in salary from the major hedge fund D.E. Shaw.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/15D134E4-D874-433E-AD42-C2956383CAF3/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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