Obama Makes Big Money With Wall Street Speeches

posted by John Johnson -

Barack Obama took flak earlier this year when it emerged that he would collect a handsome $400,000 fee for speaking at an event for investment bank Cantor Fitzgerald. 

It appears that the criticism isn't fazing him much. Bloomberg reports on two more Wall Street speeches for the former president: He got another $400,000 last month for speaking to clients of Northern Trust Corp., and last week he spoke for private equity firm Carlyle Group, presumably for a paycheck in the same ballpark. 

An Obama spokesman brushes off complaints that Obama should turn down such paydays.

Read the full story on Newser.com

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