Saturday, 6 June 2015

Hastert rushed to make money as payouts grew

(New York Times) After a relatively slow start to his career as a consultant and lobbyist, J. Dennis Hastert, the former speaker of the House of Representatives, became very busy in 2010. He was traveling to spots including Singapore and Montreal, meeting with clients about ventures as varied as futures trading and Formula One racing.

He also made an unusual request to one of his business associates: to find a financial adviser who could come up with a plan for an annuity that would generate a substantial cash payout each year. According to the associate, J. David John, the former speaker also asked that the adviser not be told of Mr. Hastert’s involvement.


from PropagandaGuard https://propagandaguard.wordpress.com/2015/06/07/hastert-rushed-to-make-money-as-payouts-grew/




from WordPress https://toddmsiebert.wordpress.com/2015/06/06/hastert-rushed-to-make-money-as-payouts-grew/

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