Citi's Odd Bonus Payment to Jack Lew

Mother Jones writes, It's amusing to watch the Wall Street Journal editorial page try to pretend that the revolving door between Wall Street and the federal government is somehow a scandal restricted to the Democratic Party, but still, you have to admit that this tidbit about Jack Lew is damn odd: The terms of Mr. Lew's original employment contract with Citi included a bonus guarantee if he left the bank for a "high level position with the United States government or regulatory body." Most companies include incentives for top employees not to leave, but in this case the contract was written to reward Mr. Lew for…

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