Hastert Resigns From Lobbying Firm, Corporate Board Following Indictment

Former House Speaker, Rep. Dennis Hastert, R-Ill., walks through Statuary Hall on Capitol Hill in Washington, Thursday, Nov. 15, 2007, after delivering a speech on the House floor where he announced his plans to lea... Former House Speaker, Rep. Dennis Hastert, R-Ill., walks through Statuary Hall on Capitol Hill in Washington, Thursday, Nov. 15, 2007, after delivering a speech on the House floor where he announced his plans to leave the House of Representatives by the end of the year. (AP Photos/Susan Walsh) MORE LESS
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Former House Speaker Dennis Hastert (R-IL) resigned his positions with a national lobbying firm and a corporate board after he was indicted Thursday for allegedly agreeing to pay $3.5 million to compensate for “prior misconduct” against an unidentified individual.

A spokesperson for the Washington, D.C.-based law and lobbying firm Dickstein Shapiro on Thursday told the Associated Press that Hastert had resigned. Hastert had joined the firm shortly after leaving Congress in 2007.

CME Group, a futures exchange company, also said Thursday that Hastert had resigned from its board of directors, according to Reuters.

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  1. “CME Group, a futures exchange company”

    Well, almost “The Futures Exchange Company”, they practically invented the stuff (and a lot of it is actually adding value to the economy). Today they have competitors, but at one time they were the only game in town.

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