Politically Connected: Ties Link Embattled Government Bank, Well-Heeled Consultants

No wonder they’re rallying for this — they’re benefitting from your loss. It’s much more extensive (& expensive!) than the Obama Administration and others would like you to know.

Clients of a high-powered Washington consulting firm appear to have benefited from the outfit’s ties to the Export-Import Bank and the Obama administration, which wants to save the embattled federal agency.

Critics long have faulted the Export-Import Bank for helping politically connected companies secure taxpayer-backed financing.

And the consultants at Albright Stonebridge Group, which is headed by a former U.S. secretary of state and bills itself as the “premier strategic advisory and commercial diplomacy firm,” pride themselves on making worldwide connections.

The firm’s chairman and one of its namesakes is Madeleine Albright, who served as secretary of state during the Clinton administration.

Among other roles, Albright Stonebridge Group helps clients with government relations and crafts messaging plans for businesses. It is not, however, a registered lobbying firm, according to records at the Center for Responsive Politics, a nonprofit that tracks how money and lobbying affect politics.

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