September 16, 2014

CULTURE OF CORRUPTION: Politically Connected: Ties Link Embattled Government Bank, Well-Heeled Consultants.

Among other roles, Albright Stonebridge Group helps clients with government relations and crafts messaging plans for businesses. It is not, however, a registered lobbying firm, according to records at the Center for Responsive Politics, a nonprofit that tracks how money and lobbying affect politics.

Still, many of ASG’s top officials share a history with the Export-Import Bank and worked with the government agency in a variety of capacities.

The close ties with the Ex-Im Bank paid off for three clients that, collectively, benefited from more than $6.3 billion in financing from the bank between 2009 and 2013: Siemens AG, First Solar and Dow Chemical Co.

During that same period, Albright’s daughter, Alice Albright, was Ex-Im’s chief operating officer and executive vice president.

Sounds like another argument for my revolving door surtax.

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