When the Banker Is Friends with the Robbers

New York Times:

“The Bush administration’s top official for telecommunications policy let lobbyists for wireless companies help pay for a private reception at her home and 10 days later urged a policy change that benefited their industry, according to documents and interviews.

“The official, Nancy Victory, an assistant commerce secretary, said she regarded the lobbyists as friends and cleared the arrangement in advance with her department’s ethics office. She did not report the party, held in 2001, as a gift on her government ethics disclosure form.

“‘My friends paid for this party out of their personal money,’ Ms. Victory said in an interview with The Associated Press.”

Victory, indeed.


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