“After a relatively slow start to his career as a consultant and lobbyist, J. Dennis Hastert, the former speaker of the House of Representatives, became very busy in 2010…. He also made an unusual request to one of his business associates: to find a financial adviser who could come up with a plan for an annuity that would generate a substantial cash payout each year,” the New York Times reports.
“The request came just a few weeks before Mr. Hastert, according to charges in a federal indictment, made his first payment to a man known as ‘Individual A’ in what was to be a total of $3.5 million.”
Save to Favorites