FORMER BIDEN AIDE: WALL STREET ALWAYS WINS

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FORMER BIDEN AIDE: WALL STREET ALWAYS WINS

FORMER BIDEN AIDE: WALL STREET ALWAYS WINS

“It’s time people understand why – and how – Wall Street always wins,” Connaughton writes at the outset of his book.

 

Politico-

He is harshly critical of his own party and the Obama administration, arguing that the president is no different than most other Washington Democrats in his willingness to kowtow to Wall Street.

President Obama and Biden, he writes, are “both financially illiterate.”

“The Payoff” is every bit the cri de coeur of a man who, as he writes, is “willing to burn every bridge” in order to indict the transactional Washington lobbying and political culture. (After Kaufman’s term ended, Connaughton fled D.C. and moved to Savannah, Ga.)

But the book is also a reprise of the familiar cautionary tale about an idealistic young politico who came to Washington to make a difference but went native – and was let down by the powerful man he looked up to.

[POLITICO]

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