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Thursday, 27 April 2017

Barack Obama under fire for his $400,000 speech to Wall Street

Former US president, Barack Obama, is facing intense criticism for accepting a $400,000 speaking fee for a Wall Street conference that will be hosted by Cantor Fitzgerald LP in September. This is almost twice as much as the speaking fees Hillary Clinton charged for three speeches to Goldman Sachs after she left the State Department.
She also came under immense criticism during her campaign for receiving so much money to speak to Wall Street firms.

Obama will address a health care conference scheduled for September and will reportedly be the keynote luncheon speaker for one day of the event. Although Obama has already signed the contract, the early reports indicate that Cantor Fitzgerald is still in the process of coordinating the details with the former president.

Obama can still reportedly pull out of the deal if he finds himself on the receiving end of negative publicity.

According to the Washington Post, her husband and former president Bill Clinton “earned more than $16.3 million for 72 speeches” in 2012, averaging around $226,000 per speech. CNN also reported he was once paid $750,000 for a speech to telecom firm Ericsson.

Read some of the criticisms on twiiter below:
It's so heartwarming that @barackobama is willing to speak to Wall Street for only a $400,000 hourly fee. A true man of the people.
— Gad Saad (@GadSaad) April 26, 2017
Almost as though Obama explained himself why giving $$$ speeches to banksters is bad
— Jonathan Cohn (@JonathanCohn) April 26, 2017
Hey @BarackObama if you are unable to give your Wall Street speech, I am available to attend. I'm willing to give a 50% discount. DM details
— Bakari Sellers (@Bakari_Sellers) April 26, 2017
This is what Obama said literally the same day his $400K Wall Street speech was revealed. The, er, um … audacity
— Jeff Stein (@JStein_Vox) April 25, 2017


samuel Ezebuchi said...

Wetin concern them?... They r just envious of hm...Simple!

ary said...

Much ado about nothing, it is a black man, so it is a problem. How much does Bill Clinton accept, even Sir Alex Ferguson?!

Penis enlargement exercise program that works [Click Here] said...

It is what they can afford and he is not demanding that they pay him that money?

merikse chinedu eziuloh said...

Everybody cares about his wallet's size

Vivian Reginalds said...

is it their business?
-D great anonymous now as Vivian Reginalds

ahabike daniel said...

Good business

dee boi said...

Wetin be their own nah... dee

Anonymous said...

Should he speak free of charge,? People should park well joor!

Cornelius Chukwu said...

Those against him are simply President Trump supporters no doubt.

Anonymous said...

See wahala was Hilary ever a president. Abeg free my guy.


He has earned it by virtue of his capacity and worth. Lots of respect for Mr Obama.

Hrm paul said...

dem dey mad na dem dey pay d moni obams has gotten family to take care of joor make dem free the guy dey luck say him no charge dem 1milla dolls

Anonymous said...

At least he provided his tax return

Anonymous said...

It is Obama's blessings, they should deal with it. After all they never wanted him to be President. They should face their nemesis aka Donald Trump. Let them leave a blessed man and a record breaker alone.

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