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The public had been completely in the dark about Mr Wallis's temporary employment as a consultant until his arrest last week by detectives from Operation Weeting, the phone-hacking investigation.
BBC: Analysis: Met police resignations
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Mr Obama has let one former tax-avoider through: Tim Geithner, the new treasury secretary, who failed to pay self-employment taxes when he was a consultant for the International Monetary Fund. (Foes of America's absurdly complicated tax code were delighted to note that even a reputedly brilliant economic mind failed to comply with it.) But with the financial and economic crisis raging, Mr Geithner appeared simply too important to lose.
ECONOMIST: Tom Daschle: The importance of being sinless | The
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The consultant may favor the manager purely because of the prior employment relationship.
FORBES: A Proposal For Managing Pension Consultants (September 1, 2000)