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Dan Alexander @DanAlexander21
, 13 tweets, 4 min read Read on Twitter
(1/13) It is remarkable just how many potential conflicts of interest Wilbur Ross had during his first year as commerce secretary. Here’s a visual sampling, starting with a company we all know, Chevron.
(2/13) Lesser known: Greenbrier, a company in which Wilbur Ross had a stake that he did not list on his financial disclosure report, even though he was required to do so by law.
(3/13) His wife also had a significant interest in Boeing, worth nearly $3 million.
(4/13) Wilbur Ross’ calendar lists meetings with sovereign wealth funds that had put money into his private equity vehicles.
(5/13) Wilbur Ross’ calendar listed a couple of meetings with Ali Shareef Al Emadi, Qatar’s minister of finance and a board member of a sovereign fund that had put money into Ross’ private equity vehicles.
(6/13) Wilbur Ross has deep ties to the auto industry. He got a congratulatory letter from a trade group called the Motor & Equipment Manufacturers Association the day he became commerce secretary. One of the companies that signed at the bottom appeared to be his.
(7/13) That same company does big business with the car giants, who Wilbur Ross talks to regularly as part of his official duties.
(8/13) Here’s another Detroit behemoth, General Motors.
(9/13) Wilbur Ross has done business with foreign car companies as well.
(10/13) And Wilbur Ross has even owned foreign auto businesses.
(11/13) He has owned foreign banks as well, in some especially troubled economies.
(12/13) Wilbur Ross got rid of a lot of his interests in October, in part by selling some to Goldman Sachs.
(13/13) There are plenty more. Get the full story here: forbes.com/sites/forbesdi…
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