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Politics : Formerly About Advanced Micro Devices

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To: Land Shark who wrote (1061410)	3/21/2018 9:01:34 AM
From: locogringo	1 Recommendation Read Replies (2) of 1573927

Obama used executive powers to benefit close friends' private investment firms: Book Obama, Biden cronies made billions off China trade deals and regulatory policies: Report President Obama used his executive powers to attack industries to lower the value of certain companies, allowing his friends in the private sector to swoop in and buy them up at reduced prices, according to Peter Schweizer’s new book Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends. The book, released Tuesday, said Obama and his administration would deem industries either destructive to the environment or exploitative for the financial and professional gain of his friends, including industries such as coal mining, offshore drilling, cash advance companies, and for-profit colleges. The book highlighted Marty Nesbitt and Harreld Kirkpatrick III, both former basketball players and close friends of the Obamas, who launched their private equity investment firm Vistria in sync with Obama’s re-election in 2012. <more> Original Article

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