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What's even more pernicious is expectation of future payments. Even if Yellen had never taken any money from Citadel or even if it was 7 years ago, how do we kn
by pradn 6y ago
What's even more pernicious is expectation of future payments. Even if Yellen had never taken any money from Citadel or even if it was 7 years ago, how do we know her decision-making isn't affected by the prospect of making $400k per speech after retiring, as Obama did - from Citadel! - a few months after giving up the presidency.
- lotsofpulp 6y agoThis applies to anyone in any position of power or influence ever. All we can hope for is that they are as minimally corrupt as possible, and all transactions and communications are transparent. Even then, you’ll get into trouble with privacy norms and being unable to conclusively prove “you scratch my back, I’ll scratch yours” moves.
- natch 6y agoOddly one-sided partisan whataboutism aside, this is a sitting official right now. Entirely different level of stink.