“US President Barack Obama named a Goldman Sachs executive and large campaign contributor as ambassador to Canada on Thursday amid potential rifts between the allies over the Keystone pipeline. Bruce Heyman, managing director for private wealth management at the investment bank, lives in Obama’s base of Chicago and is a so-called ‘bundler’ who raised funds for the president’s campaigns. Like previous presidents, Obama has regularly named prominent fundraisers to diplomatic posts, seen as one of the top rewards doled out to campaign supporters.”
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