Economy: Economic News, Policy & Analysis - The Washington Post: How Washington’s revolving door boosts companies’ stock prices

Economy: Economic News, Policy & Analysis - The Washington Post
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How Washington's revolving door boosts companies' stock prices
Oct 1st 2012, 15:34

For decades — and likely longer — newspapers in Washington have been chronicling the revolving door between jobs in government and businesses. A new president arrives in the White House and starts tapping executives from the private sector for key positions: President Obama, for instance, nominated a lobbyist from the military contractor Raytheon, William J. Lynn III, to be his deputy secretary of defense. Later on, officials and politicians depart the government to go work as lobbyists. 

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