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Obama interviews Altman as new economic adviser

President Barack Obama on Tuesday interviewed investment banker Roger Altman, a former Treasury official, as a candidate to replace departing economic adviser Larry Summers, a White House official said.

Fraud gets ex-Obama, Clinton fundraiser 12 years

A wealthy Manhattan investment banker and former top Democratic fundraiser was sentenced Thursday to 12 years in prison for defrauding banks of $292 million, some of which he donated to politicians including Barack Obama, Hillary Rodham Clinton and Al Gore.

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