It's not all that surprising, but Gregory Craig, President Barack Obama's White House counsel, brought home quite a bit of money from Williams & Connolly last year.
According to financial disclosure forms released by the White House late Friday, Craig earned about $1.7 million in 2008 as a partner at the firm.
The disclosure forms (available here in .pdf form) also report that Craig has money spread across a number of investment funds, including Calamos Convertible Fund, Citigroup Orion Futures Fund, and Blackrock Global Allocation Fund, among others. Craig's disclosure form says he has between $100,001 and $250,000 invested in each. Citigroup earned Craig between $1,000 and $2,500 last year, while the others earned him less than $201.
Most of Craig's investments are listed as excepted investment funds. The Office of Government Ethics exempts those who file financial disclosure forms from reporting the underlying assets of an investment fund if "the fund is widely held; the filer neither exercises control over nor has the ability to exercise control over the financial interests held by the fund; and the fund is publicly traded/available or widely diversified."
Craig also received between $201 and $1,000 in dividends and interest on his investment in the Ohio National Variable Annuity retirement fund. Craig's financial disclosure form says he has between $1,000,001 and $5,000,000 in assets invested in that fund, which in turn is invested in a number of portfolios that qualify as EIFs. Among others, Ohio National is invested in Goldman Sachs Growth and Income Fund.
Perhaps the oddest income reported by Craig comes from stock he owns in World Wrestling Entertainment. Craig reports earning between $201 and $1,001 in dividends on the less than $1,000 he owns in the wrestling empire's stock.
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