Editor: Draco Copper | Tactical Investor
Tony Podesta Is Out
Democratic power lobbyist Tony Podesta, the founder of the Podesta Group, is stepping down from the firm that bears his name after being investigated by special counsel Robert Mueller.
Podesta announced his decision during a firm-wide meeting Monday morning and is alerting clients of his impending departure.
The investigation into Podesta and his firm grew from investigators’ examination of Manafort’s finances. Manafort organized a PR campaign for a nonprofit called the European Centre for a Modern Ukraine. Podesta Group was one of several firms paid to work on the PR campaign to promote Ukraine in the U.S. Full Story.
Tony Podesta Steps Down Amid Investigation
Tony Podesta, a prominent figure in Democratic politics in Washington, has announced that he will be stepping aside from his lobbying firm, the Podesta Group, amid the special counsel’s investigation. Podesta, who founded and chaired the firm, announced at a staff meeting on the same day that charges were unsealed against former Trump campaign Chairman Paul Manafort and his aide Rick Gates. According to a person familiar with the announcement, a new firm with a new name will be formed to retain clients.
Prominent Democratic Figure Leaves Lobbying Firm Amid Special Counsel Probe
Podesta is also the brother of John Podesta, a longtime adviser to Hillary Clinton, her former campaign chairman, and a former adviser to President Barack Obama. In response to the investigation, the Podesta Group has fully cooperated with the special counsel’s office and taken all necessary steps to confirm compliance with the law.
The firm has filed appropriate public disclosures of its representation of the non-profit think tank ECFMU, which supported Ukraine’s admission to the EU. The ECFMU provided certification that it was not funded or directed by any government or political party. Any suggestion to the contrary is false, according to a statement from the Podesta Group. Full Story
Other Articles of Interest
1987 stock market crash anniversary discussions- nothing but rubbish ( Oct 24)
Dow 22K Predicted In July 2017; Next Target Dow 30k? (Oct 15)
Anxiety and Greed Index Don’t Support Stock Market Crash (Oct 14)
Fed States Inflation is not an issue? (Oct 13)
Is Bitcoin a Bubble or Good Investment? (Oct 9)
Stock market crash; best time to buy stocks (Oct 6)
Nasdaq’s Achievement Topples Stock Market Crash Argument (Oct 5)
Stock Market Crash 2018; Another Buying Opportunity (Oct 5)
Should You Be Worried About Inflation Rate In 2017? (Sept 6)
Wage Deflation here to stay: Robots Replacing Workers (Sept 5)
