As economists and policy wonks debate the merits of U.S. export financing, critics of one controversial program are warning of more subtle consequences exemplified, they say, by one of the president’s golfing buddies.
From the first lady’s former communications director now the vice president of Siemens corporate affairs, to individual consulting deals for Obama campaign operatives like Stephanie Cutter and David Plouffe, there is a new generation of “Obama millionaires.”
While some liberals like to maintain that wealthy supporters of the president have nothing to gain via their donations, a number of his biggest donors have a great deal at stake this election season.
President Barack Obama’s embattled Swiss banker bundler and frequent golf companion has parted ways with UBS.
One of President Obama’s largest financial backers is a key executive at the largest Swiss bank in the world, complicating his criticism of presumptive Republican nominee Mitt Romney.