Sunday, January 06, 2008

GOP Congressman not sure if he will accept hedge fund lobby job

Chris in Paris, Right. I'm sure he is struggling with whether or not to stick around for another term in the minority or accept the $1,000,000 per year position. Congressman Baker (R-LA) has followed the new procedures and filed paperwork with the House ethics committee as he talks to the increasingly power hedge fund lobby. The revolving door between Congress and wealthy lobbyists continues. Tell me again what the ethics and lobbying reform bill was supposed to do last year? The best democracy that money can buy.

LSB: He's not sure whether he'd take a job at six times his House salary? Sounds like the perfect choice for a finance lobbyist!

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