Obama Has the Same Retirement Plan as the Clintons: Lavish Speaking Fees from Wall Street

by Pam Martens and Russ Martens ,wallstreetonparade:

The “Wall Street Democrats” is the wing of the party created by the Clintons and nurtured further by Barack Obama. It takes money hand over fist from Wall Street for political campaigns, wags a warning finger at Wall Street from the public podium while stuffing its administrations with Wall Street execs, then its leadership reaps millions of dollars in personal speaking fees from the robber barons after leaving office. As of this morning, there’s no longer any debate that Obama is firmly entrenched in this cozy world of money.

Bloomberg News is reporting that former President Obama has accepted upwards of $400,000 a clip to speak before Wall Street firms Northern Trust Corp. and Cantor Fitzgerald and an unspecified sum from Carlyle Group LP. The speeches at Northern Trust and Carlyle Group occurred over the past month and a half. The Cantor Fitzgerald speech is scheduled for next week.

Adding to the intrigue, Obama’s future roster of private speeches to Wall Street banks is not available for public inspection. Equally problematic, while it was widely reported in February that Obama has signed with the Harry Walker Agency to represent him for speaking engagements, that agency showcases Bill and Hillary Clinton in its 2017 Speakers Bureau brochure while Obama goes missing.

Adding to the curiosity, which went unreported in the Bloomberg article, the Twitter account for the Harry Walker Agency is promoting appearances by its other speakers from Obama’s administration (it represents a stable full) but when we went back months on its Twitter account, we found no mention of Obama’s private speeches that have already occurred since he left office.

There were plenty of Harry Walker Agency Tweets promoting speeches by Obama’s former Treasury Secretary Jack Lew; his former speechwriter Cody Keenan; his former White House Press Secretary Josh Earnest; and Obama’s former Commerce Secretary Penny Pritzker.

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