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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>The Value of the Revolving Door: Political Appointees and the Stock Market  | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="8O8zLYrBIu"&gt;&lt;a href="https://www.nakedcapitalism.com/2012/09/the-value-of-the-revolving-door-political-appointees-and-the-stock-market.html"&gt;The Value of the Revolving Door: Political Appointees and the Stock Market&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2012/09/the-value-of-the-revolving-door-political-appointees-and-the-stock-market.html/embed#?secret=8O8zLYrBIu" width="600" height="338" title="&#x201C;The Value of the Revolving Door: Political Appointees and the Stock Market&#x201D; &#x2014; naked capitalism" data-secret="8O8zLYrBIu" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>By Simon Luechinger, assistant professor in economics, University of Lucerne and Christoph Moser, post-doctoral researcher at KOF Swiss Economic Institute, ETH Zurich. Cross posted from VoxEU  The presidential election campaign is in full swing in the US. Whoever wins the presidential race will face the challenge of filling top positions in the federal administration. Since some political appointees traditionally come from the private sector, allegations of conflicts of interest will emerge. But are connected firms really expected to profit?</description><thumbnail_url>http://www.nakedcapitalism.com/wp-content/uploads/2012/09/Screen-shot-2012-09-28-at-12.26.00-AM.png</thumbnail_url></oembed>

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