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Wall Street mogul picked for State Department post
Posted By kurtnimmoadmin On October 21, 2010 @ 12:14 pm In Washington Politics | Comments Disabled
The Washington Times
October 21, 2010
President Obama’s nominee for deputy secretary of state has earned more than $8 million in salary and bonuses since January 2009 as an executive at a Wall Street bank that received a federal bailout.
Thomas R. Nides, a six-figure fundraiser for Hillary Rodham Clinton during her 2008 presidential run, disclosed his compensation from Morgan Stanley in a recent filing with the U.S. Office of Government Ethics.
Mr. Nides, the company’s chief operating officer, also said he remains eligible for additional bonus money at Morgan Stanley, which repaid its share of the federal bailout last year.
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