Occupy Wall Street? Better Washington, DC! —
When you read this article carefully a couple of the points jump out and deserve to be further publicized!!!
Clearly,Occupy Wall Street needs to bring their list of “complaints’ to Washington,DC
Some examples:
1)Rham Emmanuel earns $18 million in 3 years after he leaves the White House,as
an “advisor” to a hedge fund :this should read “Unregistered Lobbyist”..And that’s from just one ,er….one “engagement”.Wanna bet there are a lot more…..
2)The partial list of ex- politicians who earn huge fees for “advising” private equity firms.
While it’s obvious that they are paid for providing high level access to the government,they do not have to be registered as lobbyists!!!
We are talking big money here!!!
IMO:Most politicians have never worked in the private sector ;so clearly there”advice” to smart,savy, hedge fund /private equity managers is limited to a few phone calls and accompanying the “money people” to a meeting with the right Federal or State public official.