Christopher Merrill Quotes & Sayings

More than one-third of congressional staffers turn to a career in lobbying after leaving Capitol Hill. It's clear the staffer-turned-lobbyist's value to special interests depends on the robustness of his or her network on Capitol Hill. According to an August 2010 study, when a lobbyist's former boss on Capitol Hill left office, the lobbyist's salary declined by an average of 50 percent in the six months following the departure.27 Moving from Capitol Hill to K Street isn't limited to staffers: In 2010, 37 percent of the newly out-of-office members of Congress went to work for lobbying firms or clients. After losing his run for Senate in 2006, Tennessee Democrat Harold Ford Jr. moved to New York to take a job with Merrill Lynch with a guaranteed annual compensation of $2 million. At the time he had no experience in finance. What he was paid for were his networks: — Christopher L. Hayes