Monday, November 17, 2008

JOE BIDEN'S CHIEF OF STAFF LOBBIED FOR ASBESTOS INDUSTRY, FANNIE MAE

Politico - After leaving the Clinton administration in its waning months, newly tapped Vice Presidential chief of staff Ron Klain lobbied for an asbestos industry bailout package, an airline merger, mortgage regulations to help Fannie Mae and a drug-maker under congressional scrutiny for withholding life-saving drugs from dying patients, among other clients.

Klain's career as a lobbyist, during which clients paid nearly $700,000 for lobbying in which he participated, ended when he left his partnership at the law firm O'Melveny & Myers in 2005.

That makes him eligible to be the top aide to Vice President-elect Joe Biden under the rules outlined by President-elect Barack Obama, who decreed early in his campaign that lobbyists can work in his administration - just not in areas related to their lobbying within two years of that lobbying. . .

Still, Klain's stint at O'Melveny - which he joined after serving as a top aide to President Bill Clinton, Attorney General Janet Reno and Vice President Al Gore - in some ways epitomizes the side of the influence industry that Obama decried during his campaign: big companies paying Beltway insiders lots of money to craft laws and rules that help them - sometimes over the objections that the results would hurt regular folks. As Biden's chief of staff, Klain would be involved with nearly every major issue that moves through the vice president's office, or even through the entire White House.

1 Comments:

At November 17, 2008 4:12 PM, Anonymous Anonymous said...

Change you can believe in... from your pocket to theirs. I expect a Walton to be appointed Secretary of Labor.

 

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