Normally we don't look at government jobs as a way to extreme wealth. The left has changed that. Obama is cashing in like Hillary as he is set to make a lucrative speech to Wall Street that will pay him $400,000. It will be in September during a healthcare conference investor banking firm Cantor Fitzgerald.
“We understand that he is going to be the keynote speaker for the lunch, and he’s going to receive a fee of $400,000,”said Fox Business Network’s Charlie Gasparino.
The massive payout puts Obama in the same league as Bill Clinton when it comes to getting paid big money for speaking. One difference is that Obama has a been a major critic of Wall Street. He blamed big banks for the recession and also railed “fat cat bankers on Wall Street” during a TV interview in 2009.
Per Gasparino, Obama has signed a contract for the event. He does have the ability to walk away from the contract if necessary, such as if a scheduling conflict comes up.
The news came forward on the same day that Obama had made his first public appearance since his presidential run ended.
More details, per The Hill:
Obama will appear at Cantor Fitzgerald LP’s healthcare conference in September, Fox Business Network first reported Monday.
Fox Business said it confirmed Obama’s appearance with senior people at Cantor, a financial services firm.
Obama will serve as the keynote speaker for one day at the company's event, sources there told Fox Business.
The network's sources said Obama has signed a contract for the speech with the mid-size investment bank in New York.
Cantor is waiting to coordinate with Obama before making a formal announcement, it continued.
Obama can reportedly back out of the arrangement if scheduling conflicts or other concerns arise, it added.
Remember, Obama was the "everyman." The hard worker who resonated with the average American people. Not a "fat cat banker" who gets paid 6 figures per speaking engagement. What a joke!