Tony Podesta steps down from lobbying firm

Tony Podesta steps down from lobbying firm

Editor: Draco Copper | Tactical Investor

Before we get to the article at hand, you might find this article to be of interest;. 1987 stock market crash anniversary discussions- nothing but rubbish

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 coming under investigation 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 out of investigators’ examination of Manafort’s finances. Manafort organized a PR campaign on behalf of a nonprofit called the European Centre for a Modern Ukraine. Podesta Group was one of several firms that were paid to do work on the PR campaign to promote Ukraine in the U.S. Full Story

Tony Podesta steps aside from namesake lobbying firm

Tony Podesta, a major Democratic Washington player, is stepping aside from his lobbying firm amid the special counsel’s investigation, he began telling people Monday.

Podesta was the chairman of Podesta Group — a namesake firm that he also founded.
On the day charges were unsealed against former Trump campaign Chairman Paul Manafort and his aide Rick Gates, Podesta announced at a staff meeting he would leave his firm and is alerting clients he is stepping aside.
A person familiar with the announcement said a new firm with a new name will be formed in the hope of salvaging clients.
A central figure in Democratic politics in Washington, Podesta is also the brother of John Podesta, a longtime adviser of Hillary Clinton, her former campaign chairman, and a former adviser to President Barack Obama.
“Any insinuation to the contrary is false,” the statement said. “The Podesta Group has fully cooperated with the special counsel’s office and taken every possible step to provide documentation that confirms compliance with the law. Based on our due diligence and on the recommendation of definitive legal experts, the firm immediately filed the appropriate public disclosures of its representation of the ECFMU over five years ago, and in eight subsequent public filings. The Podesta Group’s work for ECFMU, a non profit think tank, was in support of Ukraine’s admission to the EU, a position supported by foreign policy experts at the time. The ECFMU provided formal certification that it was neither funded by nor directed by a government or political party.”   Full Story

 

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