After serving as an advisor to Bill Clinton, in 1998 Emanuel resigned from his position in the Clinton administration and joined the investment banking firm Wasserstein Perella, where he worked for 2 1/2 years.[48] Although he did not have an MBA degree or prior banking experience, he became a managing director at the firm's Chicago office in 1999, and according to Congressional disclosures, made $16.2 million in his ​2 1⁄2 years as a banker.[48][49] At Wasserstein Perella, he worked on eight deals, including the acquisition by Commonwealth Edison of Peco Energy and the purchase by GTCR Golder Rauner of the SecurityLink home security unit from SBC Communications.[48]

https //en.wikipedia.org/wiki/Rahm_Emanuel

https ://en.wikipedia.org/wiki/Commonwealth_Edison

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