POLITICS (National): Capitol Hill to Wall Street: "Former House Majority Leader Eric Cantor takes job on Wall Street" ....
* Los Angeles Times: "Former House Majority Leader Eric Cantor takes job on Wall Street" - From the LAT:
Former House Majority Leader Eric Cantor is moving to Wall Street, taking a job with investment bank Moelis & Co., the firm said. Cantor, 51 who resigned last month after an upset loss in a Republican primary in June, will be vice chairman and managing director at the 7-year-old company.
The veteran lawmaker "will provide strategic counsel to the firm’s corporate and institutional clients on key issues," the company said in a news release Monday night. Cantor also "will play a leading role in client development and advise clients on strategic matters," it said.
Cantor becomes the latest official to cash in on Wall Street after working in Washington. Last year, former Treasury Secretary Timothy F. Geithner joined private equity firm Warburg Pincus.
Wall Street was a logical landing spot for Cantor. During his congressional career, he raised more money -- $3 million -- from the securities and investment industry than any other sector, according to the Center for Responsive Politics...........