He was convicted of violating immigration laws, municipal laws and the house arrest terms.

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What American has ever bought a house or a municipal bond without contemplating the tax benefits?

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In 1977 a congressional seat opened up and Pruzan began organizing a Raines campaign. instead, Raines took a job in the Carter White House that included his first stint at OMB. when Carter lost, Raines went to work, making millions of dollars, first as a partner doing municipal finance at the Manhattan investment house Lazard Freres.

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