Saturday, April 1, 2017

Friday Document Dump Reveals Former Goldman Crony is Among the Wealthiest White House Employees

Gary Cohn, who until late last year was the No. 2 executive at the investment bank Goldman Sachs, has assets worth $252 million to $611 million, according to a disclosure filing released Friday, reports The New York Times.

Meanwhile, records show that Steve  Bannon, also a former Goldman Sachs banker, earned at least $1.3 million and perhaps as much as $2.3 million last year, according to the disclosure report, according to The Times.

He disclosed $191,000 in consulting fees he earned from Breitbart News Network, the conservative media organization; $125,333 from Cambridge Analytica, a data firm that worked for the Trump campaign; and $61,539 in salary from the Government Accountability Institute, a conservative nonprofit organization. All three organizations are backed by the major Republican donors Robert Mercer and his daughter, Rebekah.

Bannon’s most valuable asset was Bannon Strategic Advisors Inc., a privately held consulting firm from which income from his other investments appeared to flow into. It was valued at $5 million to $25 million.

He also listed the value of his Bannon Film Industries at $1 million to $5 million. His bank accounts were valued at as much as $2,250,000, while he listed rental real estate valued at as much as $10.5 million.

The  Friday disclosures also reveal that the anti-trade Trump advisor, Peter Navarro, earned one speaking fee last year, $10,500 for delivering a speech in November to the Casket & Funeral Supply Association of America.


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