ProPublica has a great series on Rahmbo (much of which is based on various investigative reports in other sources). His relationship to Wallstreet is eerily similar to that of Cheney and Halliburton. The comparison to Cheney may be jaring to some, but consider the facts. According to these articles he was in the top 3-5% highest paid investment bankers in the nation druing his brief time with Wasserstein Perella, an investment bank (now defunct). Cheney made a killing at Halliburton with wonderful stock options. Emanuel has deep connections in Wallstreet that he keeps in contact with still. Investment bankers and members of the securities were his biggest backers when he ran for congress. He was able to use some of the Wasserstein loot he made to back his own campaign during some financial difficulties. He owes Wallstreet and he is a veracious fighter. Cheney too has been a varacious fighter in the Whitehouse, who by most accounts has used his dogged determinism to push for outrageous contracts for Halliburton (and it's former subsideriary, KBR). They are both the rabbid dogs of their respective parties with deep ties to the biggest robber barons of our time. These are not reassuring attributes in a Commander in Chief Chief of Staff. I see not the Change.
To read the reports click the links below:
