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April 6, 2009

Wall Street Firms Gave Lawrence Summers Millions in 2008
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Newly released documents show Lawrence Summers, one of President Obama’s
top economic aides, received nearly $2.7 million in speaking fees last
year from several of the financial companies that have received
government bailouts, including JPMorgan Chase, Citigroup, Goldman Sachs,
Lehman Brothers and Merrill Lynch. Goldman Sachs paid Summers $135,000
last April for a single speech. In addition, Summers earned over $5
million working one day a week at the D.E. Shaw hedge fund.



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