... As a lobbyist, Armey has not let his stated ideology stand in the way of his paycheck. In 2008, as corporations and banks across the nation were being bailed out with billions of tax dollars, Armey was lobbying on provisions of the TARP Reform and Accountability Act of 2009 for CarMax, a Fortune 500 company that went on to issue $1.5 billion in asset-backed securities eligible for investor loans under the TARP and Federal Reserve-subsidized Term Asset-Backed Securities Loan Facility (TALF).
However, the most interesting set of clients Armey represented during his career as a lobbyist were two Iranian-American businessmen: Akbar Nikooie and Saied Ghaemi.
From 2005 to 2008, Ghaemi paid out $910,000 to DLA Piper for the service of Armey, his former staffer Jean Campbell, and a handful of other lobbyists to bring issues relating to Iranian “foreign relations” and “human rights” to the attention of Congress, the Department of Defense, the State Department, the White House, the National Security Council and the Department of the Treasury.
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