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Giuliani's Business Ties Could Be a Political Liability

Monday, May 14, 2007

WASHINGTON ? As a partner in a law and lobbying firm, Rudy Giuliani has profited from his firm's work representing corporate clients before virtually every Cabinet department, exposing himself to a wide range of potential ethical entanglements.
If Giuliani were elected president, his administration would be on the receiving end of regulatory requests, contract bids and policy proposals by the same clients of his Houston firm, Bracewell & Giuliani, that have contributed toward his personal net worth of millions of dollars.
Although the Republican presidential candidate has so far declined to identify all the companies with which Bracewell and his other firms have done business over the past five years, The Associated Press identified more than 175 as part of an expansive review of lobbying records, court filings and securities reports.
Giuliani's law and lobbying clients have included Saudi Arabia, Rupert Murdoch's News Corp., and chewing tobacco maker UST Inc.


cont'd... lots of juicy stuff:

In addition to its lobbying clients, Bracewell & Giuliani represents businesses in legal and financial matters. Many are household names, such as AOL Time Warner; Apple Computer; Bank of America; General Electric; Southwest Airlines; Goodyear Tire & Rubber Co.; and the San Antonio Spurs.
It also is working for Saudi Arabia. In March, the firm filed papers in a Texas court case on behalf of Saudi Arabia's oil ministry — taking sides with another international energy giant, Citgo, which is controlled by Venezuelan President Hugo Chavez, a rival of the Bush administration. One month after the 2001 terrorist attacks, then-Mayor Giuliani famously rejected a $10 million check from a Saudi prince to help terrorism victims. Giuliani spokeswoman Comella declined to comment on the firm's Saudi connection.

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