Blair's bank job worth $5m a year

[dipsydoodle]

Source: BBC News

Former Prime Minister Tony Blair will be paid $5m (£2.5m) a year for his post at US investment bank JP Morgan, BBC business editor Robert Peston says.

It was first thought that Mr Blair would be paid about $1m a year for his role as a senior adviser.

He is expected to advise JP Morgan on the political and economic changes brought about by globalisation.



Read more: http://news.bbc.co.uk/1/hi/business/7186975.stm

---

Sheeeesh.

[acmavm]

1. Amazing. The bastard gonna bank five mil a year when he really

should be on trial in the Hague.

Talk about the Twilight Zone.

[balantz]

2. Interesting to watch the criminal buddies being rewarded for their service to the regime.

[Brrrp]

3. I am in the wrong business.

How do you get an interview with JPM for a job as a war criminal?

[PassingFair]

4. You have to be willing to annihilate hundreds of thousand of people.

It's really not worth it.

[Brrrp]

13. Oh. Okay. I guess I'll try some other job.

[daleo]

5. This is institutionalized corruption, in my opinion

And it seems to be the norm now, in so-called western democracies. This is an excellent way for corporate elites to dominate the political process. If leaders who are cooperative know they will be rewarded with a high paying corporate job when they are done with politics (or a bunch of directorships), they will alter their behavior accordingly.

[legin]

11. It's rather like historical payback

for the way I assume we ran India during our empire.

Buy up the local Sultans and Princes by taking them into the 'in-clique', visits to queen Victoria, sons to the most exclusive schools in britain, cash, etc, etc.

Then let these arseholes run things for the benefit of britain, but not in the interests of their own countrymen.

Quite ironic really.

[JNelson6563]

6. Priming the pump for when he joins Carlyle

Rewards for loyal service to the BFEE.

Julie

[Botany]

7. Come on you should get him for $350.00 to $900.00

http://www.terrificpets.com/dogs_for_sale/toy_poodle_for_sale.asp



BTW will any of the 3 million + orphans in Iraq get a cut of his $5 million?

[jpgray]

8. Each man has a price, Tony, but yours was pretty low

[gorillapilot]

9. So what's he suppossed to do?

Is he suppossed to waste away and never work again? Give me a break.

[Nihil]

10. He was *supposed* to be a Prime Minister ...

... a leader of the land, not some little subservient over-religious dipshit.

He was *supposed* to have represented the *Labour* party (the workers) rather
than the rich pampered bastards that the Conservatives normally serve.

He was *supposed* to have acted in the best interests of the UK, not for
those of the privileged few running the US.

So ... when he quits as PM and goes to one of the most capitalistic industries
in the world for an obscene "salary", he deserves every bit of abuse and
criticism that he is going to get.

I'll give you a break: I'll not call you on your behaviour and simply put
it down to ignorance.

[daleo]

12. There are many other possibilities

He could
- write his memoirs.
- write on other subjects.
- work for an NGO.
- work for an important international cause (like Gore or Princess Diana).
- do the talk circuit.
- go back to his original career (often law for politicians).

Going immediately into big business for a large salary makes one wonder about his objectivity during his tenure as PM - i.e. did he already have an "understanding" with big business.