Biden graduated from law school in 1996 and took a position at MBNA America, a major bank holding company which was also a major contributor to his father's political campaigns. By 1998, Biden had risen to the rank of executive vice president. From 1998 to 2001, he served in the United States Department of Commerce, focusing on ecommerce policy. Biden became a lobbyist in 2001, co-founding the firm of Oldaker, Biden & Belair. According to Adam Entous of The New Yorker, Biden and his father established a relationship in which "Biden wouldn't ask Hunter about his lobbying clients, and Hunter wouldn't tell his father about them. " In 2006, Biden and his uncle, James Biden, attempted to buy Paradigm, a hedge-fund group, but the deal fell apart before completion. That same year he was appointed by President George W. Bush to a five-year term on the board of directors of Amtrak. He was a board member from July 2006 until he resigned in February 2009, and the board's vice chairman from July 2006 to January 2009, leaving both roles shortly after his father became vice president. Biden said during his father's vice presidential campaign that it was time for his lobbying activities to end.