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Our senior equity research adviser Daniel Davies writes in the FT on banking culture, explaining why firms pay excessively to invite ex-politicians to events.
What are these guys getting for their money, though? I understand why so many people threw so much money at the Clintons for “speeches.”
They thought Hillary was going to be the next president, and they wanted to buy influence while she was in a position to peddle it. But Barry is already done.
Read what he thinks here: