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Tuesday, September 19, 2017

Obama Goes From WH to Wall Street in Less Than 1 Year

Hillary Clinton says she made a mistake when she gave speeches on Wall Street after leaving government. Taking money from banks, she writes in her new memoir, created the impression she was in their pocket.

Her old boss doesn't seem to share her concern.

Last month, just before her book "What Happened" was published, Barack Obama spoke in New York to clients of Northern Trust Corp. for about $400,000, a person familiar with his appearance said. Last week, he reminisced about the White House for Carlyle Group LP, one of the world's biggest private equity firms, according to two people who were there. Next week, he'll give a keynote speech at investment bank Cantor Fitzgerald LP's health-care conference.

Obama is coming to Wall Street less than a year after leaving the White House, following a path that's well trod and well paid. While he can't run for president, he continues to be an influential voice in a party torn between celebrating and vilifying corporate power. His new work with banks might suggest which side of the debate he'll be on and disappoint anyone expecting him to avoid a trap that snared Clinton. Or, as some of his executive friends see it, he's just a private citizen giving a few paid speeches to other successful people while writing his next book.



Anonymous said...

Proves how stupid Wall Street is....wth does this clown know about economics!

Anonymous said...

Maybe he can pay off his and MO's college loans now.

Anonymous said...

You couldnt pay me enough to sit in the same room with this criminal liar

Anonymous said...

Next stop he can go to hell.

Anonymous said...

and obammy will screw that up just like he screwed up this country.

Anonymous said...

Hillary WAS in their pocket. Anything else she claims is a lie.