Quote Originally Posted by Jimbo View Post
That's good, but I guess what I meant was is it a general rule of any President in that situation that they must give up their business interests?

James.
A president cannot run a business on the side and all investments must be put in the care of an investment house. Obama put his with Berkshire Hathaway. This does not mean he doesn't know what's going on nor does it stop him from swaying things in his favor.
BP oil spill. They wanted to use Corexit in the ocean to absorb the oil. EPA was not prepared to responsibly authorize BP's use of Corexit, but did so anyway. Wonder why ? Not sure myself but it just so happens Berkshire bought a LOT of stock in that company just before the decision and the stock went through the roof after. Hmmmm
It's much like insider trading. Against the law but a staple food of the rich. You have to get caught and even then only the little guys become patsies.