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- Is Trump’s “Foreclosure King” in Over His Head?
- FBI Arrests NCAA Basketball Coaches and Adidas Rep in Bribery Probe Involving Recruitment
- Equifax CEO Steps Down Amid Hacking Scandal
- Litigation Costs to Rub Salt in RBS Investor Wounds
- RIAs Poised to Land Wirehouse Recruits - Dan Jamieson
- Citibank and U.K. Affiliate to Pay $550K Penalty for Swap Data Reporting Violations - CFTC
- AIG to Restructure into 3 New Units, Marking CEO's First Big Move
- Accounting Firm Deloitte Says It Suffered Cyberattack (subsc reqd)
- Upcoming FINRA Board Meeting and FINRA360 Update
- Elizabeth Warren Lifts Hold on Trump DOJ Antitrust Nominee
- Bigger Mergers Narrow Indy Reps' Options, Alter IBD Channel - Dan Jamieson
- Dentons to Merge with U.K.'s Murray & Spens
- BigLaw Hogan Lovells Announces Hundreds of Buyouts, Layoffs - Almost 500 Affected
- Faith-Based Advisor Censured for Selling Class A Shares to Clergy
- After FINRA Bar, CFP Board Suspends Texas Advisor
- iCapital Network to Acquire U.S. Private Equity Access Fund Platform from Deutsche Bank
- Deutsche Bank ‘Beyond Repair’ as Trading Drops - Autonomous Research
- Guggenheim Partners CEO Might Step Down
- Wachovia Customer Sues Wells Fargo Over FundSource Losses - Bill Singer
- Credit Downgrade for Wells Fargo Due to Fake Account Scandal
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NEWSLETTERS & ALERTS
Barack Obama Hits the Speaking Circuit
The NYPost reports:
Former President Barack Obama, less than 100 days out of office, has agreed to speak at a Wall Street conference run by Cantor Fitzgerald. His speaking fee will be $400,000, which is nearly twice as much as Hillary Clinton, his secretary of state, and the 2016 Democratic Party candidate, charged private businesses for such events.
Obama has agreed to speak at Cantor’s health care conference in September and will be the keynote luncheon speaker for one day during the event. These people say Obama has signed the contract, but the company, a mid-sized New York-based investment bank, is waiting to coordinate with the former president before making a formal announcement.
Nice work, if you can get it. But of course, ex-presidents of the United States are not a dime a dozen. Fact is, there are just 5 living ex-presidents – Jimmy Carter, George H.W. Bush, Bill Clinton, George W. Bush, and Barack Obama - which makes it one of the most exclusive clubs in the world.
So, what does an ex-president do with his time after leaving office - besides raking in money from speaking engagements, that is? Today, a former president can do pretty much whatever he wants. After a weekend in Palm Springs, President Obama and his wife reportedly flew to the British Virgin Islands for some vacation time. But what next?
In January, PBS NewsHour’s Judy Woodruff sat down with Atlantic writer Barbara Bradley Hagerty, who spent months looking at how presidents who left office at relatively young ages decided what to do with the rest of their lives. Among other things, Hagerty tells Judy Woodruff that Jimmy Carter was the trailblazer, Bill Clinton the moneymaker, George W. Bush the laid-back painter. So what’s next for Barack Obama?