revolving doorRevolving Door Hazardous to Your Health? Submitted by Johnny Papagiannis on Mon, 07/06/2009 - 9:12am.
The Washington Post reports today on the revolving door of ex-congressional staffers who are now lobbying their former bosses in the health care reform debate in Congress. Hedging his bet Submitted by Adam Smith on Wed, 01/09/2008 - 10:51am.
In yesterday's Congress Daily, we saw that Rep. Richard Baker (R-LA) will be resigning from Congress to become president of the Managed Funds Association, a hedge fund trade association. As former chair of the House committee that deals with these issues, it's not surprising he's friendly with the industry. But if you follow the money, you see how friendly Baker and the banking and investments industries have become.
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