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Obama Team's Finances Released
WSJ ^ | APRIL 5, 2009 | JOHN D. MCKINNON

Posted on 04/05/2009 6:12:23 PM PDT by Brilliant

Recently released financial records paint a contrasting picture of the Obama administration: a cabinet composed largely of politicians and government employees who have been on the public payroll for years, and a White House staffed with numerous aides who received substantial compensation over the past year from firms that could have a big stake in administration policies...

Well-paid White House staff include chief economic adviser Lawrence Summers. He earned about $5.2 million from hedge-fund firm D.E. Shaw & Co. in the past year, and received more than $2.7 million in speaking fees...

Other White House staff members received generous payments from the private sector, too. National-security adviser James Jones reported $900,000 in salary and bonus from the U.S. Chamber of Commerce, as well as director fees from a number of corporations, including $330,000 from Boeing Co. and $290,000 from Chevron...

His deputy, Tom Donilon, earned $3.9 million as a partner at the law firm O'Melveny & Myers LLP, where his clients included Citigroup Inc., Goldman Sachs Group Inc. and Obama fund-raiser and hotel heiress Penny Pritzker. Mr. Donilon was formerly a top official at government-backed mortgage finance company Fannie Mae, which has received large amounts of financial assistance from the U.S...

Carol Browner, assistant to the president for energy and climate change, disclosed $450,000 in "member distribution" income, plus retirement and other benefits, from The Albright Group, a consulting firm whose principals include former Secretary of State Madeleine Albright...

White House Social Secretary Desiree Rogers collected more than $1 million for her work as president of two gas companies for part of 2008. Later, she earned a $350,000 salary from Allstate Financial as president of its social-networking division, and $150,000 in board fees from Equity Residential, a real-estate investment trust in which she also holds at least $250,000 in stock...

(Excerpt) Read more at online.wsj.com ...


TOPICS: Politics/Elections
KEYWORDS: bho44; bhoeconomy; larrysummers; millionaires; obama

1 posted on 04/05/2009 6:12:23 PM PDT by Brilliant
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To: Brilliant
TRANSPARENCY......a s*** load of lobbyist,money snatchers
2 posted on 04/05/2009 6:16:34 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Brilliant

Who CARES....Michele is a FASHIONISTA....that’s ALL that Matters!!!!!!!


3 posted on 04/05/2009 6:22:51 PM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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To: Ann Archy

Is Michele getting AFFIRMATIVE ACTION COMPLIMENTS???


4 posted on 04/05/2009 6:24:30 PM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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To: Brilliant

All I really want to know

is when does the other 1/2 of America

finally wake up to this fraud in office?


5 posted on 04/05/2009 6:25:00 PM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
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To: Brilliant

If Obama stresses something, you can bet he means exactly the opposite thing. No more lobbyists means “Don’t watch my left hand”.


6 posted on 04/05/2009 6:32:10 PM PDT by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristoferrson VIVA LA REVOLUTION!)
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To: Brilliant
Photobucket

The "greenist" administration ever.

7 posted on 04/05/2009 6:33:58 PM PDT by FlingWingFlyer (So Orwell was off by 25 years! So what!)
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To: Ann Archy
Michele is a FASHIONISTA

That'll change as soon as the White House runs out of draperies.

8 posted on 04/05/2009 6:38:57 PM PDT by theDentist (Qwerty ergo typo : I type, therefore I misspelll)
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To: theDentist

The only change we got was the party name of the thieves in Washington.

It’s the same old same old with a new set of thieves.


9 posted on 04/05/2009 6:41:55 PM PDT by Venturer
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To: Brilliant

Can you believe the audacity, the hubris in the democRAT obozo admin? If this were Republicans, it would be frontpage news and the calls for impeachment and resignations would be loud. Yet, this gets published on a weekend where people won’t read as much and care even less. And once again the RATS get a free pass.


10 posted on 04/05/2009 7:01:06 PM PDT by lilylangtree (Veni, Vidi, Vici)
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