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MelissaB

(16,420 posts)
Wed Jul 26, 2017, 11:13 PM Jul 2017

Scaramucci still stands to profit from SkyBridge from the White House

Source: Politico

The newly named White House communications director has earned millions from ownership stake since last year, according to his financial disclosure.

By LORRAINE WOELLERT

07/26/2017 07:22 PM EDT

Anthony Scaramucci finally has his White House job, but he still stands to profit from an ownership stake in his investment firm SkyBridge Capital.

The incoming White House communications director earned $4.9 million from his ownership stake in SkyBridge in addition to more than $5 million in salary between Jan. 1, 2016, and the end of June, when he joined the Export-Import Bank, according to a financial disclosure filed with the Office of Government Ethics. The disclosure form hasn’t been previously reported.

The disclosure highlights the extensive wealth Scaramucci has accumulated in his career — much like many of Trump’s other top advisers and Cabinet secretaries — and also the challenge he faces in extracting himself from the potential conflicts his investments could pose.

The SkyBridge website continues to advertise Scaramucci as the firm's managing director, despite the fact that he has been a government employee for more than a month. A SkyBridge spokeswoman said Scaramucci stepped down from the executive post Jan. 17, when the company’s sale was announced. He remained an employee of the firm, collecting a salary, until starting at Ex-Im last month.

Read more: http://www.politico.com/story/2017/07/26/scaramucci-trump-skybridge-profits-241006

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Scaramucci still stands to profit from SkyBridge from the White House (Original Post) MelissaB Jul 2017 OP
They are draining the swamp IronLionZion Jul 2017 #1

IronLionZion

(45,403 posts)
1. They are draining the swamp
Thu Jul 27, 2017, 11:15 AM
Jul 2017

by draining money right into the pockets of millionaires

I'm sure they will create lots of jobs for us with this money.

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