•Obama himself was an early investor and came to the presidency a firm believer in expanding broadband. He remains close to other early investors, like Gips and investment manager George W. Haywood, inviting some to luxe social events at the White House and more intimate gatherings like a night of poker and beer.
Presidents put their investments into blind trusts when they take office in order to avoid the appearance of conflicts of interest. Well, most modern Presidents do, anyway. It seems that Obama considers himself an exception to this rule, or at the very least he did until April 2010. The Washington Post’s Michael Shear reported at that time that Obama had refused to establish a blind trust:
http://patdollard.com/2011/09/obama-was-early-investor-in-lightsquared-refused-to-establish-blind-trust/
Democrat Party. The party of Misery, Violence and Hate.
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