Senator’s Way to Wealth Was Paved With FavorsHe wielded extraordinary power in Washington for more than three decades, eventually holding sway over nearly $800 billion a year in federal spending. But outside the halls of the U.S. Senate, which is a world of personal wealth so rarified some call it “the Millionaires’ Club,” Sen. Ted Stevens (R-Alaska) had struggled financially. Then, in 1997, he got serious about making money. And in almost no time, he too was a millionaire — thanks to investments with businessmen who received government contracts or other benefits with his help. |
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