Three top President Obama appointees to the Export-Import Bank were negotiating to join Teneo, the Clinton-connected consulting firm, at the same time a Teneo client was lining up for itself the largest subsidy Ex-Im has ever given out, emails reveal.
Ex-Im emails, obtained through the Freedom of Information Act, also show Ex-Im officials asking (and occasionally obtaining) favors from Teneo co-founder Doug Band in his roles at the Clinton Foundation and the Clinton Global Initiative.
The emails, released by Ex-Im in response to a FOIA request made by MapLight reporter Andrew Perez, show no evidence of an explicit quid pro quo, and there's no reason to posit one. Instead, the emails reveal the intimate entanglement of the powerful in government, industry and the nonprofit world, especially in Clinton circles.
The Players: Ex-Im, Varney, McAdams and Morin