Friday, August 26, 2011

Dead teachers turn out to be quite profitable in Texas

Another Rick Perry Staffer Ensnared In Teacher Death Bond Scheme
Rick Perry Teacher Death
First Posted: 8/26/11 04:50 PM ET Updated: 8/26/11 04:59 PM ET
 
WASHINGTON -- Texas Governor Rick Perry's ties to Swiss banking giant UBS go beyond his relationship with former Sen. Phil Gramm (R-Texas). Perry's current chief of staff and top press person for his campaign, Ray Sullivan, spent five years as a lobbyist for UBS in Texas -- a tenure that began the same year Gramm made his macabre pitch for Perry to enable Wall Street gambling on the deaths of Texas teachers.
Sullivan reaped between $300,000 and $600,000 lobbying for UBS between 2003 and 2008, according to data compiled by Texans for Public Justice, a nonpartisan government transparency group. Disclosure forms only require lobbyists to indicate a salary range, not a specific salary. Sullivan had several other lobbying clients during those same years. He has been described in the local Texas press as a member of Perry's trusted inner circle.

Full story here: http://www.huffingtonpost.com/2011/08/26/rick-perry-staffer-insurance-scheme_n_938413.html

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