Feb
08
Roadblocks on the Route From Wall Street to Washington
ByFor some at the top of Wall Street, there is only one job considered better: a top job in Washington.
Every presidential election cycle, financiers jockey for position among the candidates to become their biggest fund-raisers and, more important, close advisers.
The conventional view is that these investment bankers and money managers enter politics to influence policy. But that’s only part of it. For Wall Street’s elite bundlers and consigliores, the end game is a senior role in a White House administration — the most prestigious of which is secretary of the Treasury…
Roadblocks on the Route From Wall Street to Washington
