Biden's son stops lobbying for PartyGaming

[The Buzz]

Hunter Biden, Democratic Vice Presidential nominee Joe Biden's son, resigned as a lobbyist for Oldaker, Biden & Belair on August 25.

Hunter Biden and his lobbying firm, Oldaker, Biden & Belair, have represented colleges and hospitals, mainly in an effort to secure money for them in appropriation bills. In June, however, Biden also signed on as a lobbyist for a law firm that represents a billionaire couple who run an Internet gambling business. The lobbying documents on file with the Senate Public Records Office show that Biden intended to lobby on the "legality of internet gaming" and the Unlawful Internet Gambling Enforcement Act, which Congress passed in 2006.

The law firm, Sharp & Barnes, represents Russell DeLeon and his wife Ruth Parasol, according to lobbying records. The couple was listed as having a net worth of $1.8 billion in 2006 and made the Forbes top billionaire's list. They dropped out of the list the following year. Forbes reported that a congressional crackdown on online gaming caused their company stock to fall 75 percent.

Biden's letter ending his lobbying work was first reported Friday by The Wall Street Journal's Washington Wire.

http://ap.google.com/article/ALeqM5g...QmnMAD935GVQG0

[The Buzz]

Here's a story on this issue from the NY Times.

http://www.nytimes.com/2008/09/13/us...l?ref=politics

[bradz21]

Thanks for the thread. I heard about this but they never told the complete story. Go figure....