nesssessidadess: Obama’s New Chief of Staff Makes $8.3 Million From Wall Street Gig

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Thursday, January 20, 2011

Obama’s New Chief of Staff Makes $8.3 Million From Wall Street Gig - Truthdig

Obama’s New Chief of Staff Makes $8.3 Million From Wall Street Gig - Truthdig: "In preparation for his new White House job, William Daley sold $8.3 million of JPMorgan Chase stock. Thanks to government regulations, Daley can postpone paying the capital gains on that haul until he leaves public life, which, given how fast the door between Obama’s White House and Wall Street spins, shouldn’t be too long"