When President Bush tapped longtime family adviser James A. Baker III to try to persuade U.S. allies to forgive Iraq's crushing $127 billion foreign debt, he summoned one of the country's most well-connected former officials for a difficult task.
Now those same connections - a web of contacts that extends from Baker's Houston law firm to the worlds of Washington insiders and financiers - are raising questions about potential conflicts of interest.
The key issue: Can Baker, a former secretary of state whose business interests run far and wide, avoid benefiting his friends and business associates as he labors to help Bush?
Baker will meet leaders in Tokyo and Seoul, South Korea, today and in Beijing tomorrow to seek debt concessions. The trip follows a successful tour of Europe last week. Britain, France, Germany, Italy and Russia pledged to reduce the $40 billion that Iraq owes them.
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