Eric Cantor goes to Wall Street
Source: CNN Money
Former House Majority Leader Eric Cantor is taking his talents to Wall Street, joining boutique investment bank Moelis & Co. as a vice chairman and board member.
Cantor's move into the private sector was widely anticipated following his June electoral defeat at the hands of an unknown economics professor -- one of the biggest political upsets in recent memory.
Read more: http://money.cnn.com/2014/09/02/investing/eric-cantor-wall-street/index.html
ooh, big surprise there.
dotymed
(5,610 posts)be illegal.
Influence peddling... We all know what a moral man he is, obviously.
Sanity Claws
(21,851 posts)Bullshit. He's taking his contacts.
Botany
(70,551 posts)Last edited Tue Sep 2, 2014, 12:33 PM - Edit history (1)
Although I am sure he will get an "upgrade" in his housing.
The man gets a 1.4 million $ signing bonus, a new office in D.C., his Congressional retirement pay,
govt. health insurance and his annual pay from the investment bank.
2banon
(7,321 posts)Given the outrageous pay they get for doing nothing but fucking over the working class.
Remind me which committees he sat on, and which he presided over?
demigoddess
(6,643 posts)they, especially republicans, oppose pensions for regular workers but collect government money for their own pensions!!! outrageous!!!!
wordpix
(18,652 posts)Not a salary
Steerpike
(2,692 posts)Par!
Wellstone ruled
(34,661 posts)yurbud
(39,405 posts)It's both parties that do this. How many White House staffers have done this as well over the past six years?
freshwest
(53,661 posts)closeupready
(29,503 posts)What's the surprise here?
K&R
SoapBox
(18,791 posts)They should not be able to sell "influence" after being in Congress...make it a Federal crime.
Third Doctor
(1,574 posts)Now it's official.
RedstDem
(1,239 posts)he's been there the whole time!.
wordpix
(18,652 posts)for the corporatists, and not for a salary.
No wonder Cantor looked so happy during his concession speech after the primary. He was absolutely giddy while his wife looked like she was about to cry.