Following up on my very first post, Michelle Malkin asks a fairly obvious question: Where in the hell did Rahm Emmanuel get his wealth from in the financial services industry when he never majored in Finance while in school?
Surely, Ms. Malkin, you’re not suggesting that he was hired as much for his political connections as for his ability to pick winning cattle futures arbitrage opportunities?
During his brief time on the board, the company hatched a plan to enhance its political muscle. That scheme, also reviewed by the board, led to a record $3.8 million fine from the Federal Election Commission for illegally using corporate resources to host fundraisers for politicians. Emanuel was the beneficiary of one of those parties after he left the board and ran in 2002 for a seat in Congress from the North Side of Chicago.