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When Raines took the appointment at Fannie Mae, Clinton replaced his services with [[Jack Lew]], who worked in the Clinton White House throughout all eight years. Upon leaving the White House Lew secured a job at Citibank as Chief Operations Officer on Robert Rubins recommendation. Lew received $1 million in salary and a $950,000 bonus - after it failed and was bailed out in 2009.<ref>[http://www.huffingtonpost.com/2013/01/11/jack-lew-rubin-citigroup_n_2458142.html Jack Lew's Robert Rubin Connection Is A Bad Sign For Financial Reform,] Mark Gongloff, ''[[Huffington Post]]'', 01/11/2013.</ref> From there Barack Obama re-hired him as Budget Director to replace Orszag, promoted him to Chief of Staff, and later Secretary of the Treasury.<ref>Lew was point man on Obama's [[Budget sequester#2013 Obama sequester|budget sequester]] where he misled the press and public on the origins and nature of the deal.</ref>
 
When Raines took the appointment at Fannie Mae, Clinton replaced his services with [[Jack Lew]], who worked in the Clinton White House throughout all eight years. Upon leaving the White House Lew secured a job at Citibank as Chief Operations Officer on Robert Rubins recommendation. Lew received $1 million in salary and a $950,000 bonus - after it failed and was bailed out in 2009.<ref>[http://www.huffingtonpost.com/2013/01/11/jack-lew-rubin-citigroup_n_2458142.html Jack Lew's Robert Rubin Connection Is A Bad Sign For Financial Reform,] Mark Gongloff, ''[[Huffington Post]]'', 01/11/2013.</ref> From there Barack Obama re-hired him as Budget Director to replace Orszag, promoted him to Chief of Staff, and later Secretary of the Treasury.<ref>Lew was point man on Obama's [[Budget sequester#2013 Obama sequester|budget sequester]] where he misled the press and public on the origins and nature of the deal.</ref>
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===Kyoto Protocols and the Enron scandal===
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===Global warming and the Enron scandal===
 
:''Main article:'' [[Enron scandal]]
 
:''Main article:'' [[Enron scandal]]
 
In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President Al Gore in the [[Oval Office]]. Enron had begun a pattern of [[soft money]] donations to Democrats and the Clinton White House years earlier. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions.<ref>[http://www.washingtontimes.com/news/2002/jan/16/20020116-034901-2826r/#ixzz2OnPBZwzl Enron gave cash to Democrats, sought pact help,] ''[[The Washington Times]]'', January 16, 2002.</ref> Clinton asked Lay for his views "in advance of a climate treaty to be negotiated at an international conference."  Clinton agreed to support Lay's proposal for a carbon emissions trading exchange<ref>As did Barack Obama. [http://www.foxnews.com/politics/2009/03/25/obama-years-ago-helped-fund-carbon-program-pushing-congress/ Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress,] By Ed Barnes, March 25, 2009. [[FoxNews]]</ref> which Enron hoped to profit from hugely, while American consumers would pay steep price increases for electricity and natural gas. Enron also asked for and received from Clinton's Export-Import Bank a $300 million loan to build a power plant in India; four days later Enron donated $100,000 to the Clinton-Gore campaign.
 
In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President Al Gore in the [[Oval Office]]. Enron had begun a pattern of [[soft money]] donations to Democrats and the Clinton White House years earlier. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions.<ref>[http://www.washingtontimes.com/news/2002/jan/16/20020116-034901-2826r/#ixzz2OnPBZwzl Enron gave cash to Democrats, sought pact help,] ''[[The Washington Times]]'', January 16, 2002.</ref> Clinton asked Lay for his views "in advance of a climate treaty to be negotiated at an international conference."  Clinton agreed to support Lay's proposal for a carbon emissions trading exchange<ref>As did Barack Obama. [http://www.foxnews.com/politics/2009/03/25/obama-years-ago-helped-fund-carbon-program-pushing-congress/ Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress,] By Ed Barnes, March 25, 2009. [[FoxNews]]</ref> which Enron hoped to profit from hugely, while American consumers would pay steep price increases for electricity and natural gas. Enron also asked for and received from Clinton's Export-Import Bank a $300 million loan to build a power plant in India; four days later Enron donated $100,000 to the Clinton-Gore campaign.
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