DC Corruption Continue in the Light of Day --- And no one cares.
WASHINGTON (Reuters) – Lawrence Summers, a top economic adviser to U.S. President Barack Obama, was paid about $5.2 million by hedge fund D.E. Shaw in the past year, financial disclosure forms released by the White House showed on Friday.
Summers, a former U.S. Treasury secretary and Harvard University president, also was paid $2.7 million in speaking fees by a range of organizations and companies, including several troubled Wall Street financial firms, they showed.
National Security Adviser James Jones reported collecting more than $1 million for serving as a director for Boeing, Chevron and other companies. He had a salary and bonuses of $900,000 from the U.S. Chamber of Commerce.
Obama senior adviser David Axelrod reported $896,776 in salary from his consulting firm AKP&D Message and Media as well as $500,000 in partnership income. He had another $151,914 in partnership income from his other campaign management firm, ASK Public Strategies.
Axelrod reported he had entered an agreement to sell the firms for $3 million over five years.
http://news.yahoo.com/s/nm/20090404/pl_nm/us_summers_hedgefund
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