From an interview with investigative reporter Lee Fang about the recent retirement of Eric Holder from his job as Attorney General of the US and his resumption of his job at the law firm Covington & Burling:
Lee Fang: One of the perhaps most cynical and and most prevalent ways that you can legally bribe a government official or an elected official is to wait to give them a multi-million dollar check, not while they’re in office, but as soon as they retire. So if a politician helps a bank or an oil company, that oil company can’t directly buy them a boat or give them a million-dollar check. But if they wait until that official retires from office, as soon as they step out the door of Congress and find an employment contract with a lobbying firm or a big bank, then they can accept a multi-million-dollar payday; and…
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