Obama's latest gift to his detractors: a $400000 Wall Street speaking gig

26 April, 2017, 09:01 | Author: Elaine Woods
  • 400K for Clintons protege Obama Affair of the year

Obama's speaking engagement at a conference run by Cantor Fitzgerald LP was confirmed by senior people at the firm, according to Fox Business. His speaking fee will be almost double what twice-failed Democratic presidential candidate Hillary Clinton charges for her Wall Street speeches.

Although Obama has reportedly signed the contract to speak at Cantor's health care conference, the firm has yet to make a formal announcement.

Obama reappeared on the public stage Monday, making his first public remarks since leaving the White House at the future site of his presidential library. Obama, a progressive Democrat, spoke frequently about Wall Street greed during his eight years as president, and now he's accepting a speaking fee from the industry he singled out as the main culprit of the banking collapse. Obama was quick to blame big banks for the 2008 financial crisis and subsequent Great Recession, saying they were "caused in part by completely irresponsible actions on Wall Street" in a 2009 interview with CBS' 60 Minutes. According to the report, a spokesperson at the firm hasn't commented on the matter, but hasn't denied that Barack Obama will give a speech at the Wall Street event.

The network's sources said Obama has signed a contract for the speech with the mid-size investment bank in NY.

Yemen funds desperately needed to avert starvation : United Nations chief
These commitments today are an encouraging sign in the face of the goal of having the necessary funding in Yemen , he said. The coalition is supported by the USA, Great Britain and France, among others.

Phaneuf scores in OT as Senators tie series against Bruins
Hoffman capitalized on the man advantage, uncorking a slap shot from the high slot that sailed past Rask at 3:42. The Bruins had only one shot in the last 16 minutes of the period and couldn't get any traction against Ottawa.

Red Sox lose night after Pedroia injured by hard slide
Limited to three singles over the first three innings, Baltimore hit two singles, two doubles and two homers in a four-run fourth. Chris Davis doubled and Mancini and Schoop homered before Adam Jones chased Wright with an RBI single.

He was pictured kite-surfing in February with Richard Branson off the Virgin tycoon's private Caribbean island.

Mr Obama additionally took in a Broadway play in New York City before eating with U2's Bono.

The 44th president has acknowledged an offer to talk at a social insurance gathering facilitated by Cantor Fitzgerald in September, US media report.

They are expected to receive $65m for the deal.

Recommended:

  • May's Conservatives on track for historic election win in Wales

    May's Conservatives on track for historic election win in Wales

    Figures show UKIP supporters flocking to the Conservatives and knocking Labour into second place. If the figures are accurate, that would be a huge blow to Jeremy Corbyn's Labour .
    USA  home sales shoot up to 10-year high

    USA home sales shoot up to 10-year high

    Sales were up 5.9 percent from a year before, based on seasonally adjusted annualized figures, and up 4.4 percent from February. Sales listings have tumbled 6.6 per cent over the past year to 1.83 million, limiting buyer choices and fueling higher prices.
    Verizon's profit sinks as it loses wireless subscribers

    Verizon's profit sinks as it loses wireless subscribers

    Verizon has had quarterly losses in post-paid phone customers before, but not when other wireless connections are included. Growth in the wireless subscribers has slowed down now that most Americans have a cellphone.
  • Mexico border wall very important tool to stop drugs

    Mexico border wall very important tool to stop drugs

    But with the 100-day milestone looming, the White House is pushing them to help President Trump tick off a major campaign promise. Trump said during his campaign that Mexico would pay for the structure, estimated to cost perhaps tens of billions of dollars.

    Panneerselvam says revolt against Dinakaran first success of 'dharma yudh' against Sasikala

    Seeking to avoid any confrontation, Dinakaran said he had "stepped aside" last night itself "in the interest of the party". On board "INS Chennai ", Finance Minister Jayakumar refused to attach any significance to an MLAs meeting.
    'Playoff Rondo' delivers for Bulls with near triple-double in Game 2

    'Playoff Rondo' delivers for Bulls with near triple-double in Game 2

    Khris Middleton added 20 points for Milwaukee, who will seek to regain the series edge when they host game three on Thursday. Robin Lopez was spectacular again on the offensive glass and raining in jumpers, as he finished with 18 points.
  • Mel Bs ex Stephen Belafonte begs her for money

    Mel Bs ex Stephen Belafonte begs her for money

    Gilles claims Mel B told lies about her in the divorce case against Stephen Belafonte. Mel and Stephen have yet to respond to Lorraine's lawsuit.
    When will Nokia 3310, Nokia 6 and others launch in India?

    When will Nokia 3310, Nokia 6 and others launch in India?

    Ajey Mehta, vice president of HMD Mobile India, said: "We will expand the portfolio and have a presence across price segments". As Nokia is known for its powerful battery, the revamped version is also expected 22 hours of continuous talk time.
    Queen Elizabeth turns 91: A paragon of duty, diplomacy

    Queen Elizabeth turns 91: A paragon of duty, diplomacy

    She celebrated her sapphire jubilee in February , making her the first British monarch to celebrate a 65 year reign. But triumphant Humaira was thrilled to bits afterwards to have made her contribution to the Queen's birthday.
  • Bird Hoping To Land All Star Game For Indiana

    Bird Hoping To Land All Star Game For Indiana

    George led the Pacers to two Eastern Conference finals appearances besides making three All-NBA and All-Defensive Teams. Could this be the year that LeBron finally doesn't make the Finals? Point guard Jeff Teague is a pending free agent.

    A better referee or none for Manchester derby - Yaya Toure suggests

    City are fourth in the table with United just a point behind in a tight race. We have some problem to score but we play like we want.
    Apple to replace iPad 4th gen with iPad Air 2

    Apple to replace iPad 4th gen with iPad Air 2

    The fourth generation iPad was discontinued in 2014, but Apple tends to support its devices for up to 5 years after their debut. Apple fans should be happy to know that they can turn in their device in Apple's store and receive a brand new iPad Air 2.


Popular

Derek Jeter, Jeb Bush Group Buying Miami Marlins
Major League Baseball wants the majority of funding to be a cash bid and less borrowing from banks to finance the purchase. Jeter, meanwhile, will also have an active role, likely retaining some form of decision-making rights.

Jeff Goldblum officially joins 'Jurassic World' sequel
It's been officially confirmed that Goldblum will make an appearance in Jurassic World 2, reprising his role as Dr. Jurassic World made $1.67bn (£1.3bn) at the box office, making it one of the highest earning films in history.

14 killed as landmine blast hits van in Kurram
Earlier, on 31st March 2017, a deadliest explosion outside an Imam Bargah killed at least 24 and injured over 80. In January, a bomb planted in a busy vegetable market killed 21 Shias in the same town.

Opposition Wants Mani's Resignation, Commotion in Assembly
Mani, while putting forth his stand before the assembly, denied that he had insulted women in his speech. Some vested interests have blown it out of proportion to make political capital out of it.

Chappell edges Koepka for breakthrough win at Valero
Chappell birdied the 72nd hole to shoot a final-round four-under 68 and win the Valero Texas Open on Sunday at TPC San Antonio . He hit a wedge to 3 feet for birdie on the 18th hole for a Sunday-best 65 that momentarily tied him for the lead.

Burnley 0-2 Manchester United: Red Devils stars rated and slated
We have 25 percent chance to win the Europa League and we have to put everything on it. We were thinking about them. "I just want the player to recover the best he can".

Call of Duty WWII Release Date Confirmed by Promotional Material Leak
Call of Duty quickly established itself as one of the most intense and cinematic game experiences on the market. Everything about the highly anticipated " Call of Duty: WWII " will be revealed this April 26 on a live stream.

Bekele in a hurry for London glory
Tanzania's long-distance prodigy Alphonce Felix Simbu has arrived in London ready for the London Marathon due on Sunday. Sumgong's positive for the blood booster EPO brought stinging criticism from some of her compatriots ahead of the race.

In wake of tense Trump call, Pence aims to soothe Australia
Vice President Mike Pence has reaffirmed that the Trump administration will resettle refugees in limbo on Nauru and Manus Island. In a nutshell, the USA will take refugees now on the island nation of Nauru and on Papua New Guinea's Manus Island.

Last adventure ahead for NASA's Cassini spacecraft at Saturn
Cassini spacecraft will make its final close flyby of Saturn's largest moon Titan on April 21, NASA has said . The mission's scientists aim to know and examine Saturn's internal structure and the origins of the rings.