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View Diary: Citigroup gave Lew $940K ONLY if he got a high-level government position (313 comments)

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  •  surely you jest (10+ / 0-)

    "Here's a million dollars if you take a government regulatory job.  You're not required to do anything for us while there.  Just take this money.  As a gift."

    If the person were already working as a government regulator, he would not be allowed to take a million dollar gift from a former employer that he was regulating.  In what substantive way does this bonus differ?  

    It's a pre-bribe.  

    You don't really expect government officials on the take to explicitly spell out in their contracts exactly what the quid pro quo is supposed to be, do you?

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