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Tim Carney: If you're as rich as John Kerry, you *will* have conflicts of interest

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If you’re into good government, the advantage of having wealthy Senators or cabinet members is that they might be less likely to position themselves for a big K Street cashout afterwards. The disadvantage: wealthy people have many, large, diverse investments, thus creating many conflicts of interest. Senator and Secretary of State nominee John Kerry, for instance, owns shares in a Canadian...

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