Emanuel Would Need to Explain $17 Million Bank Pay

Emanuel, 50, earned at least $17 million in three years as an investment banker after leaving the Clinton White House, public records show.

leaving the White House in 1998, Emanuel went to work for one of Clinton’s top fundraisers, the late Bruce Wasserstein. Emanuel tapped the contacts he made in government to close deals while working in the Chicago office of Wasserstein Perella & Co.

Merger Layoffs

Emanuel’s largest transaction came about a year after he left the White House when he represented Unicom, the former corporate parent of what was Commonwealth Edison, in an $8.2 billion merger with Pennsylvania-based Peco Energy Co. The merger, completed the year after Daley criticized ComEd for service problems, created Chicago-based Exelon Corp.,

 

Click on the following for more details:    Emanuel Would Need to Explain $17 Million Bank Pay - Yahoo! Finance