Pentagon No. 2 Could Earn $500K Lobbying Pentagon

[Purveyor]

(01-27) 08:53 PST WASHINGTON, (AP) --

The man nominated to be the Pentagon's second-in-command could make at least a half-million dollars next month with vested stock he earned as a lobbyist for military contractor Raytheon.

William J. Lynn has said he will sell his Raytheon stock. Lynn was tapped to be deputy defense secretary despite an Obama administration order against "revolving door" lobbyists who become public officials.

Financial disclosure documents obtained Tuesday by The Associated Press show Lynn owns Raytheon "incentive" stock valued between $500,001 and $1 million. That stock is set to vest in February, the documents show.

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AP: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/01/27/national/w085121S14.DTL

[Solly Mack]

1. K&R