Before taking his new job as head of U.S. intelligence, retired Adm. Dennis Blair has to resign lucrative directorships on the boards of two companies that do tens of millions of dollars of business with the Defense Department.
Blair, who two years ago ran afoul of Pentagon conflict-of-interest rules, has already resigned a $100,000-a-year post with Iridium Satellite LLC, according to company spokeswoman Liz DeCastro.
This guy has already had problems with conflict of interest. And he’s going to run U.S. intelligence? This is almost as good as Tim “Turbo Tax” Geithner.
Speaking of our new Secretary of the Treasury,
Newly installed Treasury Secretary Timothy Geithner issued new rules Tuesday restricting contacts with lobbyists – and then hired one to be his top aide.
Patterson’s appointment marks the second time in President Barack Obama’s first week in office that the administration has had to explain how it’s complying with its own ethics rules as it hires a bevy of Washington insiders for administration jobs.
The exceptions and “special cases” are coming fast and furious. These appointments also were, no doubt, “vital” and “in the public interest,” just as Lynn is.
Oh, yeah, and there’s still the Clintons.
Bill Clinton pulled down $5.7 million in speaking fees last year – almost entirely from foreign sources, including nearly $2.1 million after news circulated that Hillary Clinton was in line for Secretary of State.
Former President Clinton’s globetrotting speaking tours and charitable activities were considered the major impediment to his wife’s confirmation. The Senate approved her nomination only after he agreed to voluntarily dial back his activities, partly by alerting ethics officials to any proposed foreign speaking arrangements.
A disclosure statement filed by Secretary Clinton highlights the tricky spot in which she may find herself going forward if her husband keeps up his money-making international travels.
[NOTE: All emphases in the above quotes are mine.]