UPDATE:
U.S. Attorney General-designate Eric Holder failed to mention legal work he did for embattled Illinois Gov. Rod Blagojevich in disclosures, observers said.
Blagojevich and Holder appeared together in 2004 to announce Holder’s role as “special investigator to the Illinois Gaming Board,” an effort to sort out a mess involving Illinois’ unawarded casino license. But the job, for which Holder’s law firm was to be paid $300,000, was not mentioned in a 47-page response to a U.S. Senate Judiciary Committee questionnaire, the Chicago Sun-Times reported Wednesday. SOURCE: UPI
Barack Obama’s nominee for attorney general
According to documents disclosed Tuesday to Congress as part of his nomination, Holder will receive a $2.5 million payment in 2009 from his law firm, Covington & Burling. This figure comes on top of the $2.1 million he earned from the firm in 2008.
Holder will also receive $1.3 million as a “separation payment” which will be paid “prior to or immediately following” his separation.
Holder also states that he has consulted the Office of Government Ethics and the Justice Department ethics officials to identify potential conflicts with his work at the firm and noted that should other conflicts arise he will consult the department’s ethics officials.
According to the disclosure records, Holder will remain vested in the firm’s benefits and retirement plans, but will no longer contribute any money.
In addition to interest on his retirement and other accounts, Holder disclosed that he earned $5,534 in dividends from Verizon stock in 2008. In total, according to disclosures, Holder’s net worth is $5.7 million.
Holder was an early supporter of Obama and one of his top advisors on the campaign trail, where he coordinated the vetting of the vice presidential pick.
Holder would be the first African American attorney general.
SOURCE: Read more at ABC
If any of the middle class or poor think that these rich a____ people will be looking out for you then think again. If the middle class or poor think that these rich a____people will not raise their taxes then think again…the democrats are known for big spenders and tax increases and yes even on the poor. When taxes are raised on food and other products its called backdoor taxes on the poor and middle class! Some of you voted for this and now you will have to live with your decision!
LINKS:
(1) Blago appointed Obama’s AG to probe corruption; probe found no corruption; Holder forgets the whole thing
