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A politician who's had a proper job, the very idea...
Worth pointing out (as someone who used to work in the corporate affairs team for a big corporate) that heading up UK corporate affairs while the US part was investigated for something nothing to do with the corporate affairs function really doesn't imply any involvement at all.
I'm not defending Smith by the way, I still don't know enough about him. Ian Katz (who used to run Newsnight) told a tale on Twitter about how as a young BBC producer tasked with getting a quote from the Police he dialled 999. Worrying if true...
EPOwen Smith:
http://www.theguardian.com/politics/2016/jul/19/owen-smith-worked-as-pr-chief-for-biotech-firm-hit-by-762m-fine