Obama’s $400,000 Wall Street Payday

Former President Barack Obama, who decried income inequality and slammed “fat cat” bankers during his presidency, recently agreed to speak at a Wall Street firm’s conference for $400,000.

Obama’s speaking fee constituted roughly twice the amount former Democratic presidential nominee Hillary Clinton and her husband, former President Bill Clinton, charged, Fox Business reported Monday. The pay out would also come to the same amount of money that presidents have received as annual salary.

Insiders at the firm Cantor Fitzgerald LP confirmed to Fox Business that Obama signed a contract to be the keynote speaker at its health care conference.

During his administration, Obama blamed Wall Street bankers for the 2008 financial crisis, publicly called for their accountability, and in 2009 referred to them as “fat cats.”


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